#eafinancesummit

The 4th Annual Summit

"Financing Economic Transformation"

December 4-5th, 2019

UN-ECA Conference Center

Addis Ababa, Ethiopia

Organizers

About the 4th Annual EA-Finance Summit

The Fourth Annual EA-Finance Summit has been officially launched...

The Fourth Annual East Africa Finance Summit (4th EAFS) is being co-organized through the public-private partnership of The i-Capital Africa Institute, Jimma University (JU), and other partners. The summit will be held on December 4th & 5th, 2019 at the United Nations Conference Center in Addis Ababa, Ethiopia. The summit theme for 2019 is Financing Economic Transformation with its long-standing motto “…examining policies and practices …”. The summit will include sessions for Presentations, Panel Discussion, and Policy Roundtable. There will also be an exhibition platform for companies to showcase their products and services.

The Annual East Africa Finance Summit (EAFS) is a platform for knowledge sharing and critical voices, organized to facilitate and support the continuous development of the finance sector within the East African region. The platform brings key players and stakeholders of the sector together, to network, address critical issues and set-out strategic directions that shape the future of the finance sector in the region.

Platinum Sponsors
Financial Contributors

Welcoming Speech

Gemechu Waktola, PhD
CEO, The i-Capital Africa Institute

Introductory Remark

Temesgen Mereba, PhD
Vice President, Jimma University

Opening Remark

H.E. Dr-Ing. Getahun Mekuria
Minster, Ministry of Innovation and Technology
Session 1
Finance sector reforms and governance in Ethiopia have been highlighted as a main enabler of the financial sector. The session was moderated by Ato Zemedeneh Nigatu, research papers were presented byAto Muluneh Ayalew, Director of Monetary and Financial Analysis Directorate, National Bank of Ethiopia, "Monetary Policy in Ethiopia" andAto Abdulmenan MohammedAccounts Manager, Portbello Group, UK, "The Role of National Bank of Ethiopia and Support Institutions in Financial Reforms".
Session 1 - Panel
Session One Panel held discussions over Finance Sector Reform and Regulation. The panel was moderated by Ato Zemedeneh Nigatu, Global Chairman, Fairfax Africa Fund and the panelists were: Ato Netsanet Lemessa, CEO, Ethiopian Insurance Corporation; Ato Tefera Lemma, CEO, STEELY R.M.I. PLC and Former Director, Monetary and Financial Analysis Directorate, National Bank of Ethiopia; Ato Tsedeke Yihunie, CEO, Flintstone Engineering and Homes; and Ato Yared Haile-Meskel, CEO, YHM Consulting.
Session 2
The summit's Session Two held discussions over the Enabling Environment of the Finance Sector. The session was moderated by Ato Eyesuswork Zafu, United Bank. The presenters of session were: Ato Yared Hailemeskel, Managing Director, YHM Consulting "Causes and Cures of Ethiopia's Foreign Currency Shortage"; Worku Negash (PhD), Associate Professor, PhD Program Coordinator, Civil Service University "The Role of African Diaspora in Financing the Continent's Future"; and Ato Zemedeneh Nigatu, Global Chairman, Fairfax Africa Fund "Stock Market in Ethiopia: Institutions, Regulations and Other Support Functions Needed".
Session 3
The third session of the summit was moderated by Ato Yohannes Neda, Lecturer, Addis Ababa University. Papers were presented by Ato Munir Duri, CEO, Kifiya Financial Technologies, "Building Inclusive Digital Economies:The case of Ethiopia"; Ato Bizuneh Bekele, ePayment and FinTech Development Consultant, DigiFinance Africa, " The potentials for e-commerce payments' growth in Ethiopia and the need for secure CNP (Card-Not-Present) transactions"; and Ato Seifu Bogale, Former Vice President, Human Resource Department, Commercial Bank of Ethiopia, "Human Capital Development Success stories: An experience with CBE".
Session 4
The session addressed the topics of inclusion and innovation in the finance sector. It was moderated by Dr Berhanu Getachew, Jimma University. Presenters were Ato Fikru Tsegaye, Manager, Business Development and Corporate Services Affairs, Ethiopia Reinsurance S.C. "The Case for Insurance Sector Liberalization in Ethiopia: Prospects and Challenges"; Paschal Anosike (PhD), Director, Center for African Entrepreneurship and Leadership (CAEL), University of Wolverhampton, United Kingdom, " Sustainability of Africa's financial service sector: Human Capital and Digitization"; Mr Richard Ketley, Partner & Director, Genesis Analytics, South Africa, " Financial Inclusion: New Players and Financing Models"; and Ato Yodahe A. Zemichael, Principal Technical Advisor, Office of the Prime Minister, "The Role of National Identity System and Public-Private Value-added Services".
Session 4 - Banking Track Panel
The Banking Track panel discussion on Financial Inclusion and Innovation was moderated by Yitbarek Takele (PhD), Addis Ababa University. The panelists were: Ato Asfaw Alemu, President, Dashen Bank; Ato Munir Duri, CEO, Kifiya Financial Technologies; and Ato Sewagegn Chane, Public Financial Enterprises Agency.

Speakers

Session 1

MULUNEH AYALEW

Director, Monetary and Financial Analysis Directorate
National Bank of Ethiopia
ADDIS ABABA, ETHIOPIA
Monetary Policy in Ethiopia
Session 1

ABDULMENAN MOHAMMED

Accounts Manager,
Portobello Group Ltd
United Kingdom
The Role of Central Bank and Support Institutions in Financial Sector Reforms
Session 2

WORKU NEGASH (PhD)

Associate Professor, Ph.D.
Program Coordinator
Civil Service University
Ethiopia
The Role of African Diaspora in Financing The Continent’s Future
Session 2

YARED HAILE-MESKEL

Managing Director,
YHM Consulting
Ethiopia
The Cause and Cures of Ethiopia’s Foreign Currency Problem
Session 2

ZEMEDENEH NEGATU

Global Chairman,
Fairfax Africa Fund, LLC (US)
Ethiopia
New Institutions Required for Running Successful Capital Market
Session 3

MUNIR DURI

CEO,
Kifiya Financial Technologies
Ethiopia
Building Inclusive Digital Economies: The Case of Ethiopia
Session 3

BIZUNEH BEKELE

ePayment and FinTech Development Consultant,
DigiFinance Africa
Ethiopia
The Potentials for e-Commerce Payments' Growth in Ethiopia and the Need for Secure CNP (Card-Not-Present) Transactions
Session 3

SEIFU BOGALE

Former VP of Human Resource,
Commercial Bank of Ethiopia
Ethiopia
Human Capital Development Experience of Commercial Bank of Ethiopia
Session 4

FIKRU TSEGAYE

Manager, Business Development and Corporate Services Affairs,
Ethiopian Reinsurance S.C.
Ethiopia
The Case for Insurance Sector Liberalization in Ethiopia: Prospects and Challenges
Session 4

PASCHAL ANOSIKE (PhD)

Director,
Center for African Entrepreneurship and Leadership (CAEL),
University of Wolverhampton
United Kingdom
Sustainability of Africa’s Financial Services Sector through Human Capital and Digital Know-how

Panelists

Ato Abie Sano

Ato Abie Sano

President,
Oromian International Bank S.C.
Ato Asfaw Alemu

Ato Asfaw Alemu

President,
Dashen Bank S.C.
Ato Bacha Gina

Ato Bacha Gina

President,
Commercial Bank of Ethiopia
Ato Belay Tulu

Ato Belay Tulu

Director,
Insurance Supervision Directorate, Mational Bank of Ethiopia
Ato Fikru Tsegaye

Ato Fikru Tsegaye

Manager, Business Development and Corporate Service Affairs
Ethiopian Reinsurance S.C.
Ato Haile-Michael Kumsa

Ato Haile-Michael Kumsa

Management Consultant,
Self-employed
Ato Munir Duri

Ato Munir Duri

CEO,
Kifiya Financial Technologies PLC
Ato Netsanet Lemessa

Ato Netsanet Lemessa

CEO,
Ethiopian Insurance Corporation
Ato Tsedeke Yihune

Ato Tsedeke Yihune

CEO,
Flintstone Engineering and Homes
Dr Worku Negash

Dr Worku Negash

Assiciate Professor, PhD Program Coordinator
Civil Service University
Ato Yared Hailemeskel

Ato Yared Hailemeskel

Managing Director,
YHM Consulting
Ato Yared Molla

Ato Yared Molla

Chairman of Ethiopian Insurer's Association
&
CEO, Nyala Insurance S.Co.
Dr Yohannes Ayalew

Dr Yohannes Ayalew

Executive Director,
Ethiopian Development Research Institute
Ato Zafu Eyesuswork

Ato Zafu Eyesuswork

Chairman, Board of Directors,
United Bank S.C.
Ato Zemedeneh Negatu

Ato Zemedeneh Negatu

Global Chairman,
Fairfax Africa Fund, LLC (US)
Ethiopia

Featuring experts from around the world, we covered the most pressing issues in the region's financial sector. The topics for this summit were;

  • Building Inclusive digital economies; the case of Ethiopia
  • Financial Inclusion, New Institutions and Innovative Financing
  • Finance Sector Governance and Reform
  • Human Capital Development; Experience of Commercial Bank of Ethiopia
  • Monetary Policy in Ethiopia
  • New Instituions required for running successful capital market
  • Sustainability of Africa’s Financial Services Sector through Human Capital and Digital Know-how
  • The Case for Insurance Sector Liberalization in Ethiopia: Prospects and Challenges
  • The Cause and Cures of Ethiopia’s Foreign Currency Problem
  • The Role of African Diaspora in Financing The Continent’s Future
  • The Role of Central Bank and Support Institutions in Financial Sector Reform
  • The Role of National Identity System and Public-Private Value-add Services
  • FDRE Government's New Initiatives; Implications for and the Role of Finance Sector

United Nations Conference Center, Addis Ababa, Ethiopia

About Us

The i-Capital Africa Institute www.icapitalafrica.org is a private consulting firm established and based in Ethiopia to deliver Intellectual Capital Development Packages, provide Knowledge Sharing Platforms, and promote Innovation & Technology Transfer Solutions for small to large scale enterprises in Africa.

Contact Us

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Office Phone:+251 11 812 06 00

Mobile Phone+251 91 162 90 11

P.O.Box: 80484

Email: info@icapitalafrica.org

Addis Ababa
Ethiopia