THE STRATEGIC PANEL
« CURRENCY, DISRUPTION AND FINANCIAL INCLUSION »
While it has adopted various national and regional strategies to improve the financial inclusion of the greatest number and that it thinks about new monetary unions, Africa must face the great disruption born from the technological and digital revolutions of these latest. The high rate of penetration of mobile telephony, the development of crypto-currencies, social money and other new forms of means of payment, while posing new challenges to regulators and security agents (risk of money laundering, financing of terrorism and the underground economy), opens up new horizons of opportunity. The Abidjan panel brings together operators, regulators and financiers around these major issues.
In the program
9 am to 9:15
Opening of the African Finance Day and introduction of the debate:
Guest speaker
9h: 15 – 10h: 15
Panel 1:
Money, disruption and financial inclusion
ECOWAS is moving towards a single currency. at the same time, cryptocurrencies (Bitcoin, Libra) are emerging with a strong interaction between the real economy and the virtual economy, bank accounts and wallets, telephony operators, virtual platforms (GAFA) and the banks. Central banks, whose functions include regulating the quantity of money in circulation and exchange rates, will have to « disrupt » their missions to maintain overall coherence.
Cryptocurrencies: potential in financial inclusion and regulatory issues
Electronic currencies and inclusion of SMEs
Regulatory issues of new currencies in banks and the stock market
Questions answers
10h15-11h15
Panel 2:
cost of including Africa in global finance
Due to a still high perception of country risk, Africa’s integration into the global financial chain and logistics chain is expensive. Import-export operations between Africa and the rest of the world are weighed down by a series of costs, punctures and practices that increase the cost of living on the continent. The same is true of long-term capital raising costs in the international financial market.
International borrowing: how to lower costs
Realities and Perceptions of Africa Country Risk, By Stanislas ZEZE, Chairman of the Board and Chief Executive Officer of Bloomfield-Investment
Country risk coverage, cost and inequality, by Ali Benhamed, banker
Questions answers
Coffee break and networking: 11.15am – 11.30am
11h30-12h30
Panel 3: Banking, Meningofinance, Microcredit and Financial Inclusion
Like Asia and Bangladesh in particular, Africa has an alternative in mesofinance and microfinance to facilitate access to basic financial services. This panel revisits the models, successes and constraints inherent in the Maghreb and sub-Saharan Africa.
Questions answers
12.30-13.30
Panel 4:
Stock market, SME financing and financial inclusion
Beyond its role as a place of organized confrontation of supply and demand, the stock market is also a powerful tool for valuing savings and investment. How to ensure that the online stock market, Cryptocurrency and the ability for households to access Forex and other markets, can serve as a lever for SME financing and not the escape of capital and foreign exchange?
Questions answers
lunch: 13h30 -15h00
Panel 5:
Fintech, electronic banking, Mobile banking, inclusion factors
Banks, insurance and financial services in general have to reinvent themselves with Fintech at the risk of being supplanted by these new players.
Questions answers
Closing remarks
Summary of the financial day
Reading 2020 perspectives
Gala dinner 19h30- 22 hours
The 100 that are transforming Africa
Award ceremony of African finance
