FSD Africa @AFSIC 2023 – Africa.com

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LONDON, United Kingdom, September 6, 2022, /African Media Agency/ – This year FSD Africa joins AFSIC 2023 to celebrate its 10th anniversary with a decade of impact in strengthening and greening financial markets in Africa. At AFSIC 2023, FSD Africa will host an afternoon of high-level dialogue including sessions titled Leveraging carbon markets for Africa’s green transition, Africa’s green future, harnessing the power of finance for nature and new financing structures to unlock Africa’s climate agenda.

FSD Africa, one of the main sponsors of AFSIC 2023, strives to ensure that finance contributes to Africa’s future. From their base in Nairobi, Kenya, its 35 financial sector experts work alongside partners to design and implement programs in more than 30 countries across Africa with the aim of driving large-scale change in financial markets and accelerate the role of finance in Africa’s green economy. growth. The AFSIC 2023 panel content will feature excellent guest speakers who are leaders in their fields, and they will benefit from discussing the hot topics below ahead of COP28 in November 2023.

Leveraging carbon markets for Africa’s green transition

According to some estimates, carbon offsets in the form of tradable carbon credits could generate billions of dollars for African countries by 2030, providing a major source of financing for the continent’s green economy. The recent auction in Nairobi, Kenya, of 2.2 million carbon credits organized by a Saudi company was an indication of the enormous demand and opportunity that the voluntary carbon market presents for Africa and for investors interested in supporting Africa’s green transition. But many challenges must be overcome, including concerns about regulation, market integrity, pricing and transaction costs.

In this fireside chat, leading entrepreneur James Mwangi, co-founder of Dalberg Advisors, founder of the Africa Climate Action Platform and CEO of Africa Climate Ventures, a venture capitalist focused on carbon mitigation, capture and removal, discusses opportunities for business. and investors and the challenges facing the market.

Africa’s Green Future: Unlocking Capital for Climate-Positive Growth

Africa has the potential to achieve both climate goals and economic prosperity through climate-positive growth. However, this requires substantial investment and creative solutions across the financial sector. From small climate technology start-ups to large sustainable infrastructure projects, raising capital is crucial to realizing this ambition.

In this session, presented as a TED talk, capital markets experts from Africa and around the world will discuss how innovative approaches to finance can transform green growth and resilience on the continent. By unlocking capital and fostering collaboration, Africa can pave the way for a sustainable and prosperous future.

Harnessing the power of finance for nature

This session will present current nature-positive investment opportunities for institutions. High-level speakers from financial institutions and development organizations will discuss the role of governance and frameworks such as the TNFD (Taskforce on Nature-Related Financial Disclosures) as an enabler of investment in nature. The session will also spark debate and discussion on the role of finance in nature conservation from a real economy perspective, for example by presenting examples of where nature finance has worked in Africa.

New financing structures to unlock Africa’s climate agenda

Africa faces significant challenges in financing its climate agenda with traditional financing models often insufficient to implement ambitious climate projects across the continent. To overcome this problem, new financing structures are emerging as solutions to unlock the necessary resources. These new financing approaches go beyond traditional grants and loans to encompass mechanisms such as climate bonds, green bonds, carbon exchanges and alternative investment vehicles, as well as instruments that reduce the risk of private investment, including guarantees, insurance and mixed capital, as well as public financing. private partnerships.

This roundtable brings together experts to discuss innovative financing approaches, identifying key success factors, challenges and how to overcome them. The session will also highlight the importance of collaboration and partnerships between different stakeholders in mobilizing resources and driving climate action in Africa.

Distributed by African Media Agency in partnership with AFSIC- Investing in Africa

About FSD Africa:

FSD Africa is a specialist development agency established in 2012 by the British government which strives to put finance at the service of Africa’s future. We are working on the ground in more than 30 African countries to mobilize “green plus” finance that will drive economic and social development while generating environmental gains and strengthening Africa’s resilience. We work on policy and regulatory reform, capacity building and improved financial infrastructure, and address systemic challenges in African financial markets to drive large-scale, long-term change.

FSD Africa is part of a family of 10 Financial Sector Deepening, or FSD, programs operating across sub-Saharan Africa, known as the FSD Network. Together, the network provides more than £50 million per year in financial support to high-potential financial market development programs and employs more than 150 financial sector experts, based in local offices across Africa.

About AFSIC

AFSIC – Investing in Africa has become perhaps the most important annual investment event in Africa. The event is owned by Africa Events Limited. AFSIC is fully focused on accelerating Africa’s economic emergence by matching investment opportunities in Africa, transforming the business, trade and investment environment in Africa, making grow the African economy, reducing poverty and increasing African incomes in all business sectors on a continental scale in all 54 African countries.

Limited African investments (www.africaninvestments.co), a sister company of Africa Events Limited, operates two multi-award winning digital platforms, the AFSIC African Investments Dashboard which connects investment opportunities with our global network of institutional investors and the Africa Business Opportunities Dashboard , which connects business, trade and investment opportunities. across Africa covering all business products, sectors, countries in Africa and multiple business objectives. Digital platforms won the 2022 global Salesforce Partner Innovation Award for financial services.

Resources:

www.afsic.net

www.africaninvestments.co

Media contact:

Olivia Attenborough olivia@africaninvestments.co

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