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Afreximbank VP Awani headlines financing conference

Afreximbank’s Executive Vice President in charge of Intra-African Trade Bank, Kanayo Awani,  will headline a regional conference on factoring, receivables finance and credit insurance in Southern Africa which begins in Harare today.

The two-day indaba will be held under the theme, Empowering Economic Growth Through Innovative Factoring & Receivables Finance Solutions.

The conference is hosted by FCI, the global representative body for the factoring, invoice financing and asset-based lending industry, and Afreximbank, the pan African banking institution.

Awani, who chairs the FCI Africa chapter and was last year elected to the executive committee of FCI, will make the opening remarks, as will FCI secretary general Neal Harm.

The conference will be opened by Reserve Bank of Zimbabwe deputy governor Jesimen Chipika.

The conference is aimed at an audience of professionals from the African region and beyond, and particularly towards the leaders of factoring companies, banks and financial institutions and regulators and lawmakers. It also targets government agencies, SMEs, exporters and other companies interested by the world of factoring, among others.

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Topics under discussion include the challenges and opportunities of factoring in Africa, the importance of implementing a facilitative legal and regulatory environment and the various supply chain finance tools available. It will also look at the key success elements and case studies on setting up factoring activities andAfreximbank’s various initiatives for factoring, among others.

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