The Association of African Development Finance Institutions (AADFI) is pleased to announce the 2019 CEO Forum of African Development Finance Institutions which will hold from November 4 to 7, 2019, at the Durban International Convention Center (Durban ICC), in South Africa. The 2019 CEO Forum is being hosted by DBSA, IDC and Durban KZN Convention Bureau.
The discussions will revolve around the following sub-themes:
From DFI 1.0 to 4.0This session is about “Rewind, Play and Fast Forward” of development ﬁnance institutions. It will begin with a short review of the historical developments of the DFIs in the emerging and developing economies followed by discussions on the present status before fast-forwarding to envision the future.
Modernizing Development FinanceIn this session, the delegates will discuss the practical must-do list to make DFIs fully responsive to a 4.0 world. The emphasis will be on making DFIs strong institutions and hyper-relevant, not merely relevant, because of their critically important role in de-risking Industry 4.0 in their countries.
Fourth-Generation DFIs for Sustainable industrializationThis session will feature speciﬁc areas in which the intervention of DFIs is essential. The delegates will examine business opportunities in sustainability and technological transformation of manufacturing industry, infrastructure, agriculture, and service sector. The session will present a robust business case for creating and aligning DFI 4.0 with the requirements of Industry 4.0. It will discuss the historic role that DFIs can and should play in kick-starting a revolution for sustainable industrialization in their countries.
The Way ForwardReﬂecting on the discussions at the GSFC in Karlsruhe, Germany, and the 2019 CEO Forum plenaries, this session will focus on next actionable steps for creating DFI 4.0. It will present recommendations and conclusions for making development ﬁnance powerful tool for enabling the 4th industrial revolution and transforming to a new sustainable economy in African countries.
The Association of African DFIs (AADFI), the European Organization for Sustainable Development (EOSD), and the Association of Development Financing Institutions in Asia and Pacific (ADFIAP) recently organised the annual Global Sustainable Finance conference (GSFC) from July 12-13, 2019, in Karlsruhe, Germany. The high-level conference focused on “Setting the stage for creating 21st Century DFIs” under the theme “DFI 4.0, Part 1”. The conference acknowledged the pressure on incumbent financial sector players from emerging financial technology companies, the regulatory environment which is becoming more complex and demanding for a new range of financing instruments for financing climate action and the Sustainable Development Goals (SDGs). Thus, part of the conclusion from the conference was that the financial sector has a crucial role to play in enabling the transition to a modern economy – an economy which is green, digital and inclusive.
In light of the conclusions and outcome from the GSFC, the CEOs of DFIs were charged to sustain conversation on the transformation of their institutions.
Therefore, the 2019 AADFI CEO Forum will focus on Part 2 of the DFI 4.0 Agenda. It will leverage on Part 1 of the DFI 4.0, and sustain conversation on the issue of transforming current DFIs into fourth-generation development banks. The CEO Forum will provide a unique opportunity to co-create the future of development banking and finance.
The Forum is dedicated to the leadership and senior-level executives including :
- Chief Executive Officers and Senior Management Executives in African DFIs;
- Multilateral Development Finance Institutions (MDFIs);
- Officials of African DFIs’ Supervisory Authorities
- Government Agencies responsible for promoting development finance.
Also invited are Officials of Central Banks, Ministries of Finance, Monetary Financial Institutions (MFIs) and other stakeholders.
Over 350 participants are expected to attend the programme.
Peer Review of African DFIs
In addition, the Forum will conduct the 9th Peer Review of African DFIs with the Prudential Standards, Guidelines and Rating System (PSGRS) and draw lessons for strengthening DFIs with appropriate regulations.
- Review the implementation and application of the PSGRS Mechanism in DFIs;
- Suggest strategy on how the application of the PSGRS in DFIs could be strengthened;
- Review the effectiveness of the implementation of PSGRS in member institutions and share success stories;
- Come to a consensus on how to sustain stakeholders’ commitment on the PSGRS;
- Share the experiences of Regulatory Authorities in supervising DFIs with the PSGRS, and other regulations;
- Network among CEOs and stakeholders in Development Financing.
• Arrival of delegates
• Hotel check-in
• Registration of delegates at the venue (starting from 3:00 p.m.)
• AADFI Executive Committee Meeting (closed session)
• Welcome Cocktail
• Official Opening Ceremony,
• Press Conference
• Plenary session on DFI 4.0
• CEO panel discussions
• Experience Sharing on PSGRS: Application of the PSGRS in transforming DFI – Lessons from DFIs
• Peer-review: Report of the 2019 Peer Review and Rating of African DFIs by the PSGRS Consultant
• Gala Dinner
• Excursion to tourist sites
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About the AADFI
Association of African Development Finance Institutions
The Association of African Development Finance Institutions (AADFI) is an international Pan African organization for Development Finance Institutions (DFIs) created under the auspices of the African Development Bank (AfDB) in 1975. The mission of AADFI is to promote cooperation among development finance institutions operating in Africa and in other continents. The Association has over 82 member institutions comprising national and multinational institutions engaged in finance and development activities in Africa. The AADFI has its headquarters in Abidjan, Republic of Côte d’Ivoire. It is a member of the World Federation of Development Finance Institutions (WFDFI), and has the observer status at the World Bank.
Any banking or finance institution may accede to membership of the Association. Members are classified into Ordinary Members comprising the African national institutions; Special Members made up of the African regional or sub-regional institutions; Honorary Members composed of the non-African international institutions.
The current Chairman of the Association is Mr. Thabo P. Thamane.