The Third Annual East Africa Finance Summit (3rd EAFS) has been successfully concluded…
The summit was held for the third time, on December 18 and 19, 2018, at the United Nation ECA Conference Center in Addis Ababa, Ethiopia with the motto of “…examining policies and practices…” and under Theme- 2018 “Financing the future of East Africa”. This annual summit is co-organized through the public-private partnership of the i-Capital Africa Institute, FDRE Public Financial Enterprise Agency (PFEA), Jimma University (JU), and Addis Ababa University (AAU).
The summit commenced by Gemechu Waktola (PhD) founder and CEO of the i-Capital Africa Institute’s welcoming speech, who noted on the success of the previous two summits and how the issues raised on those summit had received the attention of concerned parties. He also stated how the current summit was design to spark conversation on timely and crucial changes occurring in Ethiopia, particularly those that involve and impact the finance sector.
The summit was officially opened by the Minister of Innovation and Technology Ministry, H.E. Dr-Ing Getahun Mekuria who noted the government’s commitment to digitalizing the future of the country. He also stressed the necessity of opening-up a national and unified payment gateway system and e-commerce for the growth and development of the financial sector and export system.
The summit had five major sub-themes i.e.,
- Financial Sector Reforms and Governance
- Financial Sector Enabling Environments
- Financial Sector Human Capital, Technology and Digitization
- Financial Inclusion and Innovation
- FDRE Government’s New Initiatives: Implications for and the Role of the Finance Sector.
Under the major sub-themes, a total of 12 paper presentations and 3 panel discussions were held. More than 300 participants from Banks, Insurances, MFIs, Consultancies and Fintech Companies were in attendance.
The major question or issues addressed in the summit were; NBE Capacity, Governance and Necessary Reforms, the necessity of Diaspora involvement, the cause and cures of the foreign currency problem, Capital Market enabling necessities, Human Capital Development, Financial Inclusion, Financial Innovation, Government’s One pager plan implications for the finance sector and The role of the finance sector on the Government’s one pager plan.
The i-Capital Africa Institute has designed this platform for knowledge sharing and critical voices to be annually organized, to facilitates and support continuous development of the finance sector in the region. By providing a common platform for critical voices, key players and stakeholders of the sector to network, address issues and set out strategies for the future success of the sector.
For more about the presentations at the summit, the Power Point Presentation of the speaker at the finance summit is available at: