What: A side event at the Africa Investment Forum
Who: African Development Bank Group
When: December 3, 2024, 8 AM - 5 PM (Morocco Time)
Where: Sofitel Hotel, Jardin des Roses, Rabat, Morocco
The African Development Bank will host Export Credit Insurers and Agencies Day on 3 December to provide partners with a better understanding of our project development and approval processes, as well as the importance of our preferred creditor status, which helps maintain the strength and quality of our sovereign loan portfolio.
The African Development Bank is working to mobilise the private sector, including institutional investors and financiers. Risk mitigation and credit enhancement mechanisms provide an important lever to mobilise private sector financing and build in additional flexibility to attract more investors. Ongoing dialogue with stakeholders is essential to strengthening partnerships.
In addition to engaging with insurers and institutional investors, the Bank recognizes the significance of export credit agencies in supporting projects across various sectors in Africa. Projects involving the import of essential goods and services could greatly benefit from close and coordinated collaboration between the Bank and export credit agencies.
Why Participate?
- To better understand the Bank's risk management framework and financial policies, project development and approval processes, as well as the benefits of its preferred creditor status.
- To learn how to contribute to the Bank's balance sheet optimization and mobilization ambitions.
- To discover more about the Bank's multi-instrument approaches with insurers and asset managers through syndication, guarantees, and innovative new risk-sharing structures to support sovereign and non-sovereign loans.
Agenda
| AfDB Insurer & ECA Day 2024December 3rd, 2024, Rabat, Morocco08.00-17.00 Morocco Time | ||
| Tuesday 3rd December 2024 | ||
| Time | Agenda | Speakers |
| 08:00 - 08:45 | Registration, Arrival of participants | |
| 08:45 - 09:00 | Opening Remarks | Marie-Laure Akin-Olugbade, Senior Vice President |
| 09:00 - 09:45 | Africa Economic Outlook: Growth performance and outlook, macroeconomic fundamentals | Dr. Desire Vencatachellum, Director, The Macroeconomic Policy, Forecasting and Research Department |
| 09:45 - 10:30 | Overview of the Bank Group, its vision, strategy including emerging initiatives, policies as well as general operational activities, Historical Financial performance, projections and drivers of performance | Hassatou Diop N'sele, Chief Financial Officer and Vice President, Finance |
| 10:30 - 10:45 | Coffee Break | |
| 10:45 - 11:30 | Due diligence: Sovereign Operations Overview of sovereign operations, origination and approval process | Dr. Abdul Kamara, Director General, Nigeria |
| 11:30 - 12:15 | Due diligence: Non-Sovereign Operations Overview of non-sovereign operations, origination and approval process | Solomon Quaynor, Vice-President, Private Sector, Infrastructure and IndustrializationOusmane Fall, Director, The Non-Sovereign and Private Sector Support Department |
| 12:15 - 13:15 | Lunch Break | |
| 13:15 - 14:00 | Risk Management Framework: Risk Appetite framework, Risk management policies and procedures, Capital adequacy, Credit Risk Management Process | Ifedayo Orimoloye, Group Chief Risk Officer The Group Risk Management FunctionRiadh Belhaj, Division Manager, Market Risk, The Group Risk Management Function |
| 14:00 - 14:45 | Portfolio Management: portfolio performance and trends, preferred creditor status, distressed asset management | Erwin Wiss, Head of Unit, The Group Risk Management Function |
| 14:45 - 15:45 | Mobilisation, Insurance at Origination, and Balance Sheet Optimization:Overview of rationale, activities and case studies | Max Ndiaye, Senior Director, The Syndications, Africa Investment Forum, and Client Solutions Department |
| 15:45 - 16:00 | Closing remarks | Dr Akinwumi A. Adesina, President |
| 16:00 - 17:00 | Coffee Break and networking |
Moderators:
- Cecile Ambert, The Syndications, Africa Investment Forum, and Client Solutions Department (FIST 1)
- Nana Spio-Garbrah, The Syndications, Africa Investment Forum, and Client Solutions Department (FIST 2)
