The 5th East Africa Finance Summit

"Reshaping the Future of Finance Sector in the Age of Disruption"

May 11,2022

Successfully Completed

The 5th EAFS Successfully Completed

The 5th Edition of the East Africa Finance Summit (EAFS) was held on May 11, 2022, at UN-ECA with the theme of Reshaping the Future of Finance Sector in the Age of Disruption. Considering the summit was held after 2 years of postponement due to COVID-19, it had a big engagement with more than 450 keen participants primarily from the financial sector Participants from the Ministry of Finance and National Bank of Ethiopia were also in attendance and they presented the existing and trending regulatory issues in the financial sector which makes the summit valuable and impactful.

Opening Remark

The welcoming speech was delivered by Gemechu Waktola (PhD), CEO of the i-Capital Africa Institute. Introductory Remarks were given by representatives of the summit co-organizers; Kenenisa Lemi, Jimma University; Yared Molla, Association of Ethiopian Insurers and Yodit Kassa, Association of Chartered Certified Accountants (ACCA). The summit was, then, officially opened by H.E. Ahmed Shide, Ministry of Finance.

Proceedings of the Summit

Opening Session

Proceedings of the Summit

Opening Session

The welcoming speech was delivered by Gemechu Waktola (PhD), CEO of the i-Capital Africa Institute. Introductory Remarks were given by representatives of the summit co-organizers; Kenenisa Lemi, Jimma University; Yared Molla, Association of Ethiopian Insurers and Yodit Kassa, Association of Chartered Certified Accountants (ACCA). The summit was, then, officially opened by H.E. Ahmed Shide, Ministry of Finance.

Introductory Remark Association of Ethiopian Insurers

Introductory Remark Jimma University

Introductory Remark Association of Chartered Certified Accountants

Opening Remark_H.E. Ahmed Shide

Session One Presentation

The first session focused on policy, regulation and governance of the Finance Sector. Presentations were made by actors and experts; Adrak Mustafina, Yared Hailemeskel, Richard Ketley, Fikru Tsegaye and Neteru Wondwosen.

Global Trends in the Finance Sector Adrak Mustafina

Surviving and Thriving against Liberalization, Virtualization..._Yared Hailemeskel

The impact of Liberalization of the Financial Sector in Ethiopia_ Richard Ketley

Exodus from the Status quo_Fikru Tsegaye

Session One Panel Discussion

The panel discussion of the first session also discussed policy, regulation and governance of the Finance Sector. The discussion was moderated by Zemedeneh Nigatu; the panelists were Belay Tulu, Yared Mola, Frezer Ayalew, Melaku Kebede and Zafu Eyesuswork

Regulation and Governance_Plenary Panel Discussion

Session Two Presentation

The Banks, MFI, Fintech, Telco Track of the second session focused on Digitization, Inclusion, Innovation, and Access to Finance. Presentations were made by actors and experts; Jackson Nthiga, Abrhame Endrias, Munir Duri, Yodahe Zemichael and Sintayehu Zekarias.

The Role of Capacity Development_Jackson Nthiga

Ethiopian Smallholders Farmers' Access to Finance_Abrhame Endrias

Potentials and Challenges in Uncollateralized Digital Lending_Munir Duri

Digital ID and Financial Inclusion_Yodahe Zemichael

AI for Financial Institutions in Ethiopia_Sintayehu Zekarias

Panel Discussion

The panel discussion also addressed the topic of Digitization, Inclusion, Innovation, and Access to Finance. The discussion was moderated by Munir Duri; the panelists were Melika Bedri, Abdu Seid (PhD), Bewketu Tafere, Taye Girma (PhD) and Zemedeneh Nigatu.

Panel Discussion_Banking Track

Session Two Presentation

The Insurance and InsurTech Track of the second session focused on Digitization, Inclusion, Innovation, and Access to Finance. Presentations were made by actors and experts; Yinebeb Derseh, Yared Mola, Solomon Zegeye and Hirut Tequame.

Insurance of Tomorrow_Yared Molla

Microinsurance Experiences and Constraints in Ethiopia_Solomon Zegeye

Life Insurance Business_Hirut Tequame

Panel Discussion

The panel discussion also addressed the topic of Digitization, Inclusion, Innovation, and Access to Finance. The discussion was moderated by Meseret Bezabih; the panelists were Dagnachew Mehari, Tewodros Tilahun, Tsegaye Kemsi, and Zafu Eyesuswork.

Panel Discussion_Insurance Track

Organizers

Sponsors