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Bonds, Loans & Sukuk Africa 2020 - Virtual Conference

The world's largest virtual pan-African debt event

Strategic Partner

National Treasury, Republic of South Africa

Platinum Sponsor

Absa

Platinum Sponsor

Africa Finance Corporation

Platinum Sponsor

Standard Bank

Gold Sponsor

African Export-Import Bank (Afrexim)

Gold Sponsor

MUFG

Gold Sponsor

SMBC

WAEMU Sponsor

Agence UMOA-Titres

Silver Sponsor

Development Bank of Southern Africa

Silver Sponsor

Emirates NBD

Silver Sponsor

Rand Merchant Bank (RMB)

Bronze Sponsor

African Trade Insurance Agency

Bronze Sponsor

Fitch Ratings

Bronze Sponsor

GCR Ratings

Bronze Sponsor

KFW DEG

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ON-DEMAND VIDEO RECORDINGS FROM THE VIRTUAL CONFERENCE WILL BE AVAILABLE SHORTLY

700+ Attendees | 80+ Expert Speakers | 350+ Sovereign, Corporate & FI Borrowers | 100+ Investors | 40+ Countries

As the continent adjusts to the new normal, this event will bring together over 700 key players in Africa’s capital markets community and feature 80+ expert speakers. This is your best opportunity to initiate an unlimited number of new business connections via our networking directory; hear first-hand how the rest of the market are navigating current challenges and opportunities; and check-in with your industry’s leaders.

Livestream Agenda

Opening remarks

Tue 24th Nov 2020, 6:55am (Europe/London)

Keynote address: The role of the National Treasury in moving the South African economy forward post COVID-19 (presentation)

Tue 24th Nov 2020, 7:00am (Europe/London)

  • What measures have been put in place by the government to boost the South African economy in 2020-2021?
  • Effective sovereign debt and liquidity management: How much funding does the government need to support its economic recovery plan?

Speaker

Dondo Mogajane

Dondo Mogajane

Dondo Mogajane

Director General at National Treasury, Republic of South Africa

Mr. Mogajane joined National Treasury in 1999 as a Deputy Director and has worked in various areas including among others, the Intergovernmental Relations, Provincial Budget Analysis and the International Economic Relations divisions. Between 2007 and 2010, he represented South Africa at the Executive Board of the World Bank as senior advisor for Africa Group 1 countries.

Between 2010 and May 2014, he was appointed as the Chief of Staff in the Ministry of Finance and later as the acting Chief Operating Officer from May 2014 until May 2015. He subsequently was appointed Deputy Director-General responsible for the Public Finance division at National Treasury a position he occupied since June 2015.

Mr. Mogajane was appointed as the Director-General of the National Treasury on the 08th June 2018.

Prior to his appointment at the National Treasury, Mr. Mogajane was a Student Housing Manager and part-time lecturer at Durban Westville University. He was also lecturer in Public Management at Technikon SA and ML Sultan Technikon; and Deputy Director at Environmental and Development Agency Trust.

Mr. Mogajane has two honours degrees in Public Management and Human Resources and Industrial Relations obtained at the University of Durban Westville. He also completed a Master’s degree in Public Management at the University of Maryland (USA), a Management Advancement Programme at Wits Business School and a Programme in Budgeting and Public Financial Management at the Kennedy School of Government at Harvard University.

National Treasury, Republic of South Africa

Dondo Mogajane

The National Treasury is responsible for managing South Africa’s national government finances. Supporting efficient and sustainable public financial management is fundamental to the promotion of economic development, good governance, social progress and a rising standard of living for all South Africans. The Constitution of the Republic (Chapter 13) mandates the National Treasury to ensure transparency, accountability and sound financial controls in the management of public finances.

The National Treasury’s legislative mandate is also described in the Public Finance Management Act (Chapter 2). The National Treasury is mandated to promote government’s fiscal policy framework; to coordinate macroeconomic policy and intergovernmental financial relations; to manage the budget preparation process; to facilitate the Division of Revenue Act, which provides for an equitable distribution of nationally raised revenue between national, provincial and local government; and to monitor the implementation of provincial budgets.

As mandated by the executive and Parliament, the National Treasury will continue to support the optimal allocation and utilisation of financial resources in all spheres of government to reduce poverty and vulnerability among South Africa’s most marginalised.

Over the next 10 years National Treasury priorities include increasing investment in infrastructure and industrial capital; improving education and skills development to raise productivity; improving the regulation of markets and public entities; and fighting poverty and inequality through efficient public service delivery, expanded employment levels, income support and empowerment.

Assessing sovereign debt outlook for 2021: Where are sovereigns looking for funding?

Tue 24th Nov 2020, 7:30am (Europe/London)

  • How have rating downgrades affected sovereigns’ ability to source funding? What options are now on the table?
  • Hard vs. local currency: How has reliance and availability of USD for sovereigns changed due to COVID-19?
  • Re-engaging the institutional investor appetite into Africa: What do investors need to see from sovereigns to improve their debt sustainability?

Moderator

Chandi Mwenebungu

Chandi Mwenebungu

Chandi Mwenebungu

Director, Treasury at African Export-Import Bank (Afrexim)

Mr Chandi Mwenebungu is the Director & Treasurer (Treasury & Markets) of African Export Import Bank (AFREXIMBANK). He holds a Masters Degree in Accounting and Finance. He is a Fellow of the Association of Certified Chartered Accountants ("FCCA"), and a member of the Association of Corporate Treasurers ("ACT") in the United Kingdom. He is also an Alumni of Advance High Performing Leaders (AHPL) from the International Institute of Management Development (IMD), Switzerland. Mr Mwenebungu joined AFREXIMBANK in 2013. He has over 20 years of experience as a Treasurer and Investment Expert in the financial services sector i.e. in the Banking Industry, Health & Insurance Industry and the Asset Management Industry. He previously worked as the Head of Treasury and Investments for International Insurance Company of Hannover (InterHannover), a subsidiary of Hannover Re, in London, where he was in charge of treasury and investments activities in the United Kingdom, Sweden, Italy, Canada and Australia. Mr Mwenebungu also worked for Cigna International Inc. (Europe) in Glasgow, United Kingdom and Brussels, Belgium where he was in charge of treasury and investment activities in the EMEA region. Prior to his relocation to the United Kingdom, he worked for Nedbank Malawi Limited in Blantyre, Malawi.


Chandi Mwenebungu’s daily aspiration is to learn and have a better life. Chandi is an investor and interested in investing in entrepreneurship ideas that are life changing and expected to make an impact in business environment. He is interested to invest in his own right as an individual or through an entity as long as the risk or business idea on offer meets his appetite.

African Export-Import Bank (Afrexim)

Chandi Mwenebungu

Speakers

Oulimata Ndiaye Diasse

Oulimata Ndiaye Diasse

Oulimata Ndiaye Diasse

Head of Advisory Services at Agence UMOA-Titres

Agence UMOA-Titres

Oulimata Ndiaye Diasse

Agence UMOA-Titres is the regional agency supporting the issuance and management of government securities in the WAMU area. Established in March 2013 by the Central Bank Governor upon authorization of the WAMU Council of Ministers, its mission is to work actively for the establishment of a standard Government securities market within the union.

The Government securities market is the only local market, by tender, exclusively dedicated to the financing of the WAMU Member States. These sovereign issuers seek, through appropriate procedures, the issuance of Government securities by specific actors, either for their own account or for that of third parties.

Agence UMOA-Titres aims to build, in collaboration with all stakeholders, a regional market of Government securities able to play a critical role in the development of WAMU Member States.

The institution is aware of its social responsibility and defines itself as a responsible and citizen corporate by promoting among others child health and immunization. Since 2015, Agence UMOA-Titres is a social partner with a sub-regional foundation in charge of mobilizing funds to support vaccination through private sector.

James Mnyupe

James Mnyupe

Presidential Economic Advisor

Republic of Namibia

James Mnyupe

James Mnyupe

Presidential Economic Advisor at Republic of Namibia

“Mr. Mnyupe is a multidisciplinary financial professional with a background in accounting, asset management and wealth management. A graduate of UNAM and Rhodes University, Mr. Mnyupe plied his trade in the private sector for over a decade auditing a wide variety of companies in all 3 sectors of the Namibian economy and undertook extensive research on listed securities on the local stock exchange. He led one of Namibia’s prominent asset management firms for 5 years, was the Founding Chair of the Namibia Savings and Investment Association, was appointed to the High Level Panel on the Namibian Economy in 2019 by His excellency Hage Geingob and holds the CA, CFA and CFP designations.

Mr. Mnyupe possesses a holistic appreciation for how the capital and institutional savings markets intertwine to drive Namibia’s economic and developmental agenda. His involvement in various industry and national bodies have offered him a unique perspective from which to contribute to various dialogues and initiatives that look to deploy said assets across various opportunity sets, locally and regionally more effectively.

In September 2020, Mr. Mnyupe was appointed as President Geingob’s Economic Advisor.”

Republic of Namibia

Patience Oniha

Patience Oniha

Patience Oniha

Director-General at Debt Management Office, Nigeria

Ms. Oniha began her career at Icon Limited Merchant Bankers in 1986, where she rose to the position of a Manager, before joining First Securities Discount House Limited (now FSDH Merchant Bank Ltd.) in 1992. She rose to the position of General Manager/Director before joining Ecobank Nigeria Limited in 2000. From 2004 – 2008, Ms. Oniha was in Standard Chartered Bank Nigeria Ltd. as a General Manager.

After a fulfilling career in the banking sector spanning over 22 years, Ms. Oniha made a career move to the public sectors when she joined the DMO in 2008 as Director, Market Development Department. In this capacity, Ms. Oniha brought her banking experience to bear on various aspects of the DMO’s activities. A major achievement of hers during her eight years at the DMO was the introduction of Benchmark Bonds to develop the domestic bond market in order to improve liquidity and to create a sovereign yield curve which created opportunities for State Governments, Multilaterals and Corporates to raise long term funds. The purpose behind this drive was to create a debt capital market where the public and private sectors can access long term funds to finance Nigeria’s growth and development. For sustainable development of the debt capital market, she actively engaged with local and foreign investors, regulators and other stakeholders to develop a large and diversified investor base for FGN Securities and Bonds issued by other borrowers.

Ms Oniha managed the successful issuance of Nigeria’s debut USD500 million Eurobond in January 2011. The debut Eurobond opened a new source of funding for the Federal Government and Corporates. In 2013, she also managed the issuance of the dual-tranche USD1 billion Eurobond which was subscribed to the tune of about 400%. A number of Nigerian banks also tapped into this funding window by issuing Eurobonds. She was also responsible for the inclusion of FGN Bonds in the J.P. Morgan Government Bond Index – Emerging Markets (GBI – EM) in October 2012 which made Nigeria the second country in Africa, after South Africa to have its local currency sovereign bond included in the Index. The inclusion of FGN bonds in this Index attracted foreign investors to the domestic bond market as a whole. This was followed by the inclusion of FGN Bonds in the Barclays Capital Emerging Markets – Local Currency Government Bond Index (EM – LCBI) in March 2013.

While still at the DMO, Ms. Oniha was appointed as the Head of the Efficiency Unit at the Federal Ministry of Finance. To execute the mandate of the Unit which was to moderate the Government’s Overhead Expenditure and generate savings from the procurement process, Ms. Oniha introduced a number of initiatives. Amongst them were the issuance of 7 Circulars to control expenditure on specific Overhead items and the negotiation of discounts with airlines. These delivered savings estimated at N17 billion to the Government. She was working on the introduction of new processes for payment and procurements when she was appointed Director-General of DMO with effect from July 1, 2017.

Ms. Oniha obtained a B.Sc. Economics, First Class Honours from the University of Benin in 1983 and went on to earn an M.Sc. Finance from the University of Lagos in 1985. She is also a member of the Institute of Chartered Accountants of Nigeria in 1990 and a Fellow in 2008. She is also an Associate Member of the Chartered Institute of Taxation of Nigeria. Since her return to the DMO, Nigeria has issued its debut N100 billion Sovereign Sukuk and N10.69 billion Sovereign Green Bond. Nigeria also issued its first 30-Year tenored Eurobond in the International Capital Market which represents the first by a sub-Saharan country other than South Africa and has established the basis for long term infrastructure funding.

Debt Management Office, Nigeria

Patience Oniha
Arsène Dansou

Arsène Dansou

Arsène Dansou

General Manager, Debt Management Agency at Ministry of Economy and Finance, Republic of Benin

Ministry of Economy and Finance, Republic of Benin

Dr Joseph Allimany Thullah

Dr Joseph Allimany Thullah

Dr Joseph Allimany Thullah

Director of Debt Management at Ministry of Finance & Economic Development, Republic of Sierra Leone

A Sierra Leonean with a PhD in Economics, Masters of Science in Statistics, Masters of Arts in Economic Policy Management and a Post Graduate Diploma in Education from universities within and outside Sierra Leone. Dr. Thullah has extensive career development path on general administration, Public Debt, Micro and Macroeconomic Management and Public Financial Management, with over 20 years working experience.

He began his career as researcher in the Central Bank of his Country and later moved to the Ministry of Finance, where he ascended to the position of Assistant Director in Public Debt and left in November 2020 to serve as the Debt Advisor in the Debt Department of Commonwealth Secretariate in London. For many years, Dr Thullah combines both Academic and Industry experience in his endeavor as economist as he used to teach Econometrics, Statistics, Mathematics for Economics, International Economics, International Economics, Trade and Finance across various years in both the graduate and post graduate levels at the oldest University of his country, Fourah bay College, University of Sierra Leone.

Dr. Thullah has strong capacity to undertake complex technical research with special attention to Public Debt Management and overall Fiscal Policy Management. He has extensive knowledge in budgetary preparation, implementation and general economic reforms and very useful revenue generation. He has undertaken independent research on Public Debt, Exchanged Rate, corruption and the role of stock exchange in the development of the economy. Dr. Thullah also lectures economics, statistics, and international economics (largely on Pro-Bono Basis) at University of Makeni (UNIMAK) whilst serving as external examiner for economics, Business Administration/Studies in the department of Business Administration and Human Resources Department at UNIMAK.

Finally, Dr. Thullah has demonstrated excellent skills in job companionship with proven record of team spirit with peers and elders in the work place. He is highly organized, respectful and always purposeful and can undertake multiple tasks in deadline driven environment like the Central Bank , Ministry of Finance and the University of Serra Leone.

Ministry of Finance & Economic Development, Republic of Sierra Leone

Africa’s economic outlook for 2021 and beyond: A regional run-down of post-COVID-19 growth across the continent

Tue 24th Nov 2020, 8:15am (Europe/London)

  • How are rating downgrades affecting South Africa’s ability to structure reform?
  • Political transitions, economic recovery and commodity prices in East Africa: Which sectors are proving resilient post pandemic, and where is there a rocky road ahead?
  • What impact will the restructuring of oil & gas exposed loans have on Nigeria’s debt profile? What measures are the Central Bank implementing to support this?
  • How has being pegged to the French Treasury aided Francophone economies to withstand volatility during the pandemic? How might this change with the newly introduced Eco currency?

Moderator

Jan Friederich

Jan Friederich

Head of Middle East and Africa Sovereign Ratings

Fitch Ratings

Jan Friederich

Jan Friederich

Head of Middle East and Africa Sovereign Ratings at Fitch Ratings

Fitch Ratings

Jan Friederich

Fitch Ratings is a leading provider of credit ratings, commentary, and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective, and insights we provide help investors to make important credit judgments with confidence.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

For additional information, please visit fitchratings.com.

LinkedIn Page: www.linkedin.com/company/fitch-ratings

Speakers

Charles Robertson

Charles Robertson

Charles Robertson

Global Chief Economist at Renaissance Capital

Charles Robertson, a leading emerging markets specialist, is Renaissance Capital’s Global Chief Economist and Head of the Firm’s Macro-strategy Unit. Charlie covers the global economic themes having the greatest impact on emerging markets, including democratisation, demographics, education, electricity, ESG, fertility, pension funds, savings, terrorism, as well as key ways to examine exchange rates in emerging and frontier markets.

Renaissance Capital

Kaan Nazli

Kaan Nazli

Senior Economist, Emerging Market Debt

Neuberger Berman

Kaan Nazli

Kaan Nazli

Senior Economist, Emerging Market Debt at Neuberger Berman

Kaan Nazli is Senior Economist and Portfolio Manager for Emerging Markets Debt at Neuberger Berman. He has previous positions in ING Investment Management and Medley Global Advisors, where he was responsible for macro research and sovereign debt credit views. Before that, he worked as a research analyst for Eurasia Group where he advised financial institutions on east central Europe. He played a key role in establishing the Lehman Brothers Eurasia Group Stability Index (LEGSI), a comparative political and economic stability index designed to measure stability in more than 20 emerging markets. Kaan Nazli received a Bachelor’s degree in International Affairs from the University of Ankara, Turkey and earned a Master’s Degree in Political Economy from New York University. He holds the Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) designations.

Neuberger Berman

Kaan Nazli
Guy Lundy

Guy Lundy

Futurist and Leadership Consultant

Spencer Stuart

Guy Lundy

Guy Lundy

Futurist and Leadership Consultant at Spencer Stuart

Guy Lundy is a respected professional futurist and conference speaker who has presented around the globe on future trends impacting South Africa, Africa and the world. He is also a Consultant at the global leadership consulting firm, Spencer Stuart. He was previously the CEO of Accelerate Cape Town, a business think-tank representing 50 of South Africa’s largest corporations, and he has been a Director of several South African companies.

Guy has worked as a management consultant for more than 20 years and he spent several years running his own corporate strategy consultancy, helping large companies develop foresight and an understanding of future trends. He has worked at international firms such as Ernst & Young, Oracle, Dimension Data and the London Stock Exchange, during several years of living on four continents.

Currently based in Johannesburg, Guy was born and raised in Cape Town. He completed his Bachelor of Commerce (Honours) in Economics at UCT and his Masters in Futures Studies at Stellenbosch University. He is the author of two books about South Africa and its future, namely “South Africa: Reasons to Believe” and “South Africa 2014: The Story of our Future”. In 2009 Guy was listed by the Business Day newspaper as one of the ‘Top 100 Thinkers in South Africa’.

Testimonals

“You were absolutely superb! People have not stopped raving about your presentation - it was exactly what we needed at exactly the right time! I know the whole of PGP would like to see you back with us sometime.”

Marketing Manager, Pam Golding Properties

“Many thanks again for your most interesting and inspiring talk on the future of South Africa.”

Vice President, BHP Billiton

“Your presentation was thought-provoking and points you raised were referred to several times during the remainder of the conference. Enjoy your London trip - I'm sure you'll have them coming home en masse!”

Communications Manager, Mondi Business Paper

Spencer Stuart

Tshepo Ntsimane

Tshepo Ntsimane

Head: Metros, Intermediate Cites & Water Boards

Development Bank of Southern Africa

Tshepo Ntsimane

Tshepo Ntsimane

Head: Metros, Intermediate Cites & Water Boards at Development Bank of Southern Africa

Tshepo Ntsimane, Member of the Institute of Directors (M.Inst.D); (MA-Honours Political Economy) – University of Glasgow, Scotland; (Postgraduate Diploma in Business Management) – University of Natal; Master of Business Management (MBA-Strategic Financial Management) – University of Kwazulu-Natal. Tshepo works in the Coverage Division of the Development Bank of Southern Africa (DBSA) where he is Head: Metros, Intermediate Cities and Water Boards. In this role, which he assumed in October 2017, he leads a team of professionals who originate the DBSA’s infrastructure financing business and non-financing opportunities in the Metropolitan and Intermediate Cities as well as in the Water Sector, with particular focus on Water Boards.

Development Bank of Southern Africa

Tshepo Ntsimane

The Development Bank of Southern Africa (DBSA) is a leading development finance institution (DFI) in Africa. Established in 1983, the DBSA participates across the entire infrastructure value chain and provides planning, project preparation, financing, and implementation support for economic and social infrastructure in South Africa, SADC and the rest of the African Continent. The institution’s mission is to improve people’s lives, boost economic growth and promote regional integration through infrastructure development. For more information, visit www.dbsa.org

How have banks’ approach to lending in the syndicated market changed in the COVID era?

Tue 24th Nov 2020, 9:00am (Europe/London)

  • Assessing local market liquidity: How do regional banks’ offering of favourable pricing and tenor vary across the region?
  • To what extent can local markets withstand ongoing volatility?
  • Longer tenors vs. liquidity flow vs. need to diversify lending base: What challenges are syndication teams facing with regards to size, pricing and structure of deals?
  • How can banks weather the slowdown in syndicated loan activity across the continent?
  • How are volatile liquidity levels impacting lenders’ approach to offering new structures to new borrowers?
  • Preparing for a transition away from LIBOR: What should bankers look out for in the fallback language of legal agreements? How does this affect loan structure going forward?

Moderator

Eric Zimny

Eric Zimny

Managing Director, Head of CEEMEA Origination

SMBC

Eric Zimny

Eric Zimny

Managing Director, Head of CEEMEA Origination at SMBC

With over 25 years of Loan and Debt Capital Market experience, Eric is a Managing Director and Head of CEEMEA Origination, Loan Capital Markets, at SMBCE responsible for the origination and structuring of loans for corporates and financial institutions across the full regional and borrower spectrum. Before joining SMBC in 2011, he was employed at Commerzbank New York, Frankfurt and London, where he held various head positions including loans and bonds origination. Eric is a certified Attorney at Law and has worked as such in Germany and the US. Eric is also a member of a group of authors that triennially publish a practical textbook on syndicated lending for borrowers, banking professionals, lawyers and auditors in German language

SMBC

Eric Zimny

With over four centuries of history and rooted in the stability of Japan and growth of Asia, SMBC Group reaches out around the world to provide the advice, connections and support that create value. Our customers in Africa and MENA choose SMBC Group because we offer local knowledge and global expertise.

With one of the most extensive domestic and international branch networks of any Japanese bank, SMBC Group uses the strength of its extensive footprint with powerful capabilities in loan and debt capital markets, project and trade finance, and a wide range of other financial services to deliver customer-focused, integrated solutions.

African & MENA customers benefit from SMBC Group's position as a world leader in loan capital markets bookrunning and arranging of loan facilities, including structuring, pricing, advising, executing and distribution of syndicated loans. A specialist debt capital markets team can provide expert advice and execution in core markets for public and private bond issuance, and offer issuers with guidance through the process from structuring, documentation and legal requirements, to execution of relevant funding solutions and investor relations. Particular focus is dedicated to corporate and structured finance and emerging market benchmark transactions for distribution to an international investor audience.

Speakers

Jo Maharaj

Jo Maharaj

Head: Syndications and Distributions,

Rand Merchant Bank (RMB)

Jo Maharaj

Jo Maharaj

Head: Syndications and Distributions, at Rand Merchant Bank (RMB)

Jo joined RMB in 2011 and in 2017 was appointed to lead the Syndications and Distribution team for South Africa and Rest of Africa.

Jo has over 10 years of experience in investment banking where she has gained experience in derivative structuring, institutional sales and loan syndications. Jo has assisted in the provision of numerous underwritten funding solutions to borrowers and in the successful conclusion of these syndications.

Jo holds a Masters in development economics and international finance from the Fletcher School at Tufts University, Boston.

Rand Merchant Bank (RMB)

Jo Maharaj

RMB at a glance

Rand Merchant Bank (RMB) is a leading African Corporate and Investment Bank and part of one of the largest financial services groups (by market capitalisation) in Africa – FirstRand Bank Limited. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions.

At RMB we are passionate about solving problems for our clients by seeking solutions beyond the obvious. We are innovative in our thinking and turn challenges into opportunities. We call ourselves Solutionist Thinkers who deliver on Traditional values. Innovative ideas.

Our ability to think differently, our collaborative spirit, our client-centric approach and our belief that great minds don’t always have to think alike, is what sets us apart from our competitors. The emerging and necessary focus on ESG as a tool for capital allocation will lead to more effective and efficient capital markets when principles are adopted by stakeholders. RMB continues to embed ESG principles into our frameworks so that we can deliver relevant solutions that are valued by our clients in the markets in which we operate.

As the Corporate and Investment arm of FirstRand Bank Limited (which is wholly-owned by FirstRand Limited), we have access to a network of retail banks in 25 African countries, including representative offices and branches in the UK, India and China.

For more information please visit: www.rmb.co.za

Lucy Konie

Lucy Konie

Head: Distribution and Loan Syndication - International

Standard Bank

Lucy Konie

Lucy Konie

Head: Distribution and Loan Syndication - International at Standard Bank

Lucy joined Standard Bank’s Investment Banking division in London in Sep 2008 with the remit to establish and expand the loan distribution platform and channels supporting the Bank’s industry and product teams. She currently heads up the Distribution & Syndication platform from London covering International, East and West Africa loan markets whilst working with a mirror team domiciled in South Africa. She has been actively involved in the arranging, underwriting and distribution of syndicated loan financings for Standard Bank’s clients within its core industry groups: oil and gas, telecoms and media, consumer finance, mining & metals as well as sovereigns and financial institution lending. In providing syndicated loan financing solutions the Distribution team work alongside the key debt solutions teams including: corporate lending, structured finance, trade & commodity finance and acquisition finance with specific focus on Africa in line with the Bank’s strategy.

Prior to this Lucy worked within the syndications groups of ABN AMRO Bank and NatWest Bank and has been in the business for over 20 years. She holds a BSc Honours Degree in Business Economics.

Standard Bank

Lucy Konie

About Standard Bank Group

Standard Bank Group is the largest African bank by assets, operating in 20 African countries and 5 global financial centres. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange, with share code SBK, and the Namibian Stock Exchange, share code SNB.

Standard Bank has a 157-year history in South Africa and started building a franchise outside southern Africa in the early 1990s.

Our strategic position, which enables us to connect Africa to other select emerging markets as well as pools of capital in developed markets, and our balanced portfolio of businesses, provide significant opportunities for growth.

The group has over 50 000 employees, more than 1 100 branches and 9 000 ATMs on the African continent, which enable it to deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management.

Headline earnings for 2019 were R28.2 billion (about USD2 billion) and total assets were R2.3 trillion (about USD163 billion). Standard Bank’s market capitalisation at 31 December 2019 was R277 billion (USD20 billion).

The group’s largest shareholder is the Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 20.1% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.

For further information, go to http://www.standardbank.com

Edouard Bustarret

Edouard Bustarret

Managing Director, Head of Syndication/Distribution - Energy & Natural Resources

Natixis

Edouard Bustarret

Edouard Bustarret

Managing Director, Head of Syndication/Distribution - Energy & Natural Resources at Natixis

Edouard Bustarret is the Head of Global Trade Syndication at Natixis. Edouard has first been working in Equity Capital Markets Syndication and Origination for 20 years at HSBC and Natixis before taking over the syndication for Energy & Natural Resources in 2016. He has syndicated many transactions in oil & gas, metals and mining and agri sector in Africa, including Sonangol, Cocobod, EPSE, Puma Energy, EGPC and Petrobras Oil & Gas. Edouard graduated from HEC Business School.

Natixis

Edouard Bustarret
Walid Amri

Walid Amri

Senior Director - Co-Head of Debt Origination

Mashreq

Walid Amri

Walid Amri

Senior Director - Co-Head of Debt Origination at Mashreq

Over 16 years of banking experience of which 3 years in Corporate Banking, 5 years in Project and Structured Finance and 8 years in Corporate Finance (Corporate Loans, Acquisition Finance, LBOs, Contracting Finance, Loan Repos, Loans to FIs) with a target market of MENA, South East Asia and Africa (FI). Walid is actively involved across the corporate finance spectrum (loan origination, structuring, execution and distribution), both on conventional and Islamic structures. He has joined Mashreq in 2004 after 3 years with Citibank Tunisia where he was involved in relationship management and then remedial management. Walid holds a BSc from ESCT (Ecole Superieure de Commerce) and a Masters in Sociology applied to Corporates.

Mashreq has provided banking and financial services to millions of customers and businesses since 1967.

They are one of UAE's leading financial institutions with a growing retail presence in the region including Egypt, Qatar, Kuwait and Bahrain. They focus on providing customers access to a wide range of innovative products and services.

Mashreq

Walid Amri

Capital markets strategies in the new normal: Managing FX volatility, rating downgrades, and access to markets

Tue 24th Nov 2020, 9:45am (Europe/London)

  • How do African treasury and funding teams interpret ongoing FX volatility? How will this impact their access to the bonds and loans markets into 2021?
  • Assessing corporate funding methods pre and post pandemic: How do treasurers now view capital structures?
  • How can borrowers optimise balance sheets whilst maintaining a stable liquidity position?
  • Eurobonds, private placements: Understanding the diversified funding options available to African borrowers

Moderator

Neville Mandimika

Neville Mandimika

Economist and Fixed Income Analyst

Rand Merchant Bank (RMB)

Neville Mandimika

Neville Mandimika

Economist and Fixed Income Analyst at Rand Merchant Bank (RMB)

Rand Merchant Bank (RMB)

Neville Mandimika

RMB at a glance

Rand Merchant Bank (RMB) is a leading African Corporate and Investment Bank and part of one of the largest financial services groups (by market capitalisation) in Africa – FirstRand Bank Limited. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions.

At RMB we are passionate about solving problems for our clients by seeking solutions beyond the obvious. We are innovative in our thinking and turn challenges into opportunities. We call ourselves Solutionist Thinkers who deliver on Traditional values. Innovative ideas.

Our ability to think differently, our collaborative spirit, our client-centric approach and our belief that great minds don’t always have to think alike, is what sets us apart from our competitors. The emerging and necessary focus on ESG as a tool for capital allocation will lead to more effective and efficient capital markets when principles are adopted by stakeholders. RMB continues to embed ESG principles into our frameworks so that we can deliver relevant solutions that are valued by our clients in the markets in which we operate.

As the Corporate and Investment arm of FirstRand Bank Limited (which is wholly-owned by FirstRand Limited), we have access to a network of retail banks in 25 African countries, including representative offices and branches in the UK, India and China.

For more information please visit: www.rmb.co.za

Speakers

Siyabonga Shange

Siyabonga Shange

Treasury Manager

SANRAL

Siyabonga Shange

Siyabonga Shange

Treasury Manager at SANRAL

Siyabonga is the newly appointed Treasury manager of the South African National Roads Agency (SANRAL).

SANRALS’s mandate is to finance, improve, manage and maintain the national road network (the “economic arteries” of South Africa).

Siyabonga is very familiar with the domestic and international financial capital markets, having worked at the National Treasury for approximately 9 years.

His last role at the National Treasury he was the director of debt issuance where he managed the issuance programme for national government.

He oversaw one of Africa largest dual tranche euro bond placement totaling USD 5 billion and recently the borrowing from development institutions like the NDB and the AfDB.

SANRAL

Trang Nguyen

Trang Nguyen

Director, Debt Capital Markets

SMBC Nikko Capital Markets Limited

Trang Nguyen

Trang Nguyen

Director, Debt Capital Markets at SMBC Nikko Capital Markets Limited

Trang heads the South African, UK and Benelux coverage in the Debt Capital Markets team at SMBC Nikko. With over 13 years of banking experience, she has executed numerous capital markets transactions across various sectors, currencies, jurisdictions and structures. She holds a BA degree (Distinction) from Connecticut College, USA, and an MBA from Hitotsubashi University, Japan. Trang is also a CFA charterholder.

SMBC Nikko Capital Markets Limited

Manjit Dhillon

Manjit Dhillon

Head of Corporate Finance,

Helios Towers

Manjit Dhillon

Manjit Dhillon

Head of Corporate Finance, at Helios Towers

Manjit Dhillon was appointed as Interim CFO in July 2020 and Head of Investor Relations and Corporate Finance in October 2019. Prior to joining Helios Towers, Manjit held a number of positions in the financial services sector including at Goldman Sachs, Deloitte and Lyceum Capital. He is a qualified Chartered Accountant of the Institute of Chartered Accountants of England and Wales.

Helios Towers

Tommaso Ponsele

Tommaso Ponsele

Managing Director - Emerging Market Debt

Citi

Tommaso Ponsele

Tommaso Ponsele

Managing Director - Emerging Market Debt at Citi

Tommaso is a Managing Director in Citi’s Debt Capital Markets team, and is responsible for our debt business in particular in Turkey, South Africa & SSA as well Israel – having previously focused on Russia/CEE and the Middle Eastern region. ​

Over the past 15 years Tommaso has advised a broad range of corporates, financial institution and sovereigns on debt capital raising and liability management. His experience spans across the rating spectrum (IG and HY) and includes episodic acquisition and project-related financing, regulatory capital raising for banks as well as general corporate or budgetary funding activity. ​

Tommaso has worked on 200+ bond market financings overall. In the recent past his activity has included South Africa’s US$5bn multi tranche bond, several bond offerings for Prosus and Naspers in both EUR and US$, Gold Field’s Reg S/144A dual tranche bond, Sasol’s SEC-registered US$2bn return to bond markets and the financing of Sibanye’s US$2.7bn acquisition of Stillwater in 2017. ​

Over the past 10+years, Citi has consistently been the top-ranked bond house in CEEMEA DCM and in the regions Tommaso is responsible for. ​

Education: ​

London Business School – Masters in Finance​

Edinburgh University – Masters in Economics and Economics History ​

Citi

Tommaso Ponsele
Deepen Jhina

Deepen Jhina

General Manager, Capital, Investment & Funding,

MTN Group

Deepen Jhina

Deepen Jhina

General Manager, Capital, Investment & Funding, at MTN Group

Deepen is the General Manager for Capital, Investment & Funding at MTN Group Limited, based in Johannesburg. MTN is a pure-play emerging markets mobile telecommunications operator at the forefront of technological and digital changes. MTN is active in over 20 countries, has in excess of 250 million active subscribers and is listed on the Johannesburg Stock Exchange. Deepen has been with MTN for 12 years across general management and finance roles. Prior to MTN, he worked with institutions such as Absa and EY in M&A and corporate finance roles. He is a qualified Chartered Accountant.

During his career, he has concluded a multitude of transactions in local and international debt and capital markets; some of which include syndicated loans, export credit backed financings, DFI financing, Eurobonds and preference share funding amongst others. His experience encompasses dealing with a variety of markets including more challenging jurisdictions in Africa and the Middle East. He has concluded transactions in Cote d’ Ivoire, Cameroon, Ghana, Uganda, Nigeria, South Africa and Afghanistan to name a few.

MTN Group

Deepen Jhina

Elections, trade, and post-COVID recovery: How are investors pricing African credit in the current climate?

Tue 24th Nov 2020, 10:30am (Europe/London)

  • Market volatility and credit ratings: How is uncertainty being priced into African bonds?
  • How are investors hedging their exposure to downgrades across the continent?
  • How has the US presidential campaign and upcoming election impacted the way investors view Africa credit?
  • AfCFTA: How do investors view the Africa Free Trade Agreement as a vehicle to stimulate post-COVID growth between economies? Does it affect how they price differently across the continent?
  • Where do investors see opportunities for African credit as we head into 2021?

Moderator

Greg Smith

Greg Smith

Emerging Markets Strategist

M&G Investments

Greg Smith

Greg Smith

Emerging Markets Strategist at M&G Investments

Gregory Smith is part of the fund management team at M&G Investments. He is focused on emerging market sovereign debt, with a particular interest in frontier sovereigns in the Middle East and Africa. He has a PhD in quantitative economics, plus expertise in finance and assessing political risk. Prior to joining M&G he was a senior economist and sovereign debt advisor at the World Bank where he did stints covering East Asia and Africa, with time spent in Mongolia, Vietnam, Ghana, Zambia, Cameroon and Gabon. He began his career on the Overseas Development Institute’s fellowship scheme, working as an economist in the Ugandan finance ministry. His research includes investing with an Environmental-Social-Governance (ESG) lens, sovereign debt management, and what future sovereign debt restructuring might look like.

M&G Investments

Speakers

Joe Delvaux

Joe Delvaux

Joe Delvaux

CIO Global Fixed Income at Emerging Market Investment Management

Joe Delvaux is the CIO for Global Fixed Income at Emerging Market Investment Management. He has been investing in Africa and Middle East since 2006 when he started as a prop trader for Exotix Ltd. Prior to his current role, he has also worked for Insparo Asset Management, Kingsley Asset Management and Quantum Global Investment Management. Joe holds an MSc in Banking and International Finance from the Cass Business School, City University London, is a holder of both IMC and Islamic Finance Qualification.

Emerging Market Investment Management

Mark Kalil

Mark Kalil

Head: Syndicate Africa, Debt Capital Markets

Standard Bank

Mark Kalil

Mark Kalil

Head: Syndicate Africa, Debt Capital Markets at Standard Bank

Mark has 25 years of Capital Markets experience across the African continent. His specialisation includes cross-asset sales and structuring to institutional investors. His career started at Standard Bank in 1996 and has included leading Syndicate across the debt:equity spectrum for Investment Banking and heading the International Equity Sales & Trading unit in Global Markets. His key deal experience across the local currency markets includes leading Syndicate on the debut bond issues for the IFC in Namibia, Rwanda, Zambia and the AfDB EuroZar bond and for Standard Bank’s Treasury funding solutions in Africa. He has introduced many key market development initiatives for Sovereign and Corporate issuers across the African regions. He holds a Bachelor of Science (Mathematics) from the University of the Witwatersrand.

Standard Bank

Mark Kalil

About Standard Bank Group

Standard Bank Group is the largest African bank by assets, operating in 20 African countries and 5 global financial centres. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange, with share code SBK, and the Namibian Stock Exchange, share code SNB.

Standard Bank has a 157-year history in South Africa and started building a franchise outside southern Africa in the early 1990s.

Our strategic position, which enables us to connect Africa to other select emerging markets as well as pools of capital in developed markets, and our balanced portfolio of businesses, provide significant opportunities for growth.

The group has over 50 000 employees, more than 1 100 branches and 9 000 ATMs on the African continent, which enable it to deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management.

Headline earnings for 2019 were R28.2 billion (about USD2 billion) and total assets were R2.3 trillion (about USD163 billion). Standard Bank’s market capitalisation at 31 December 2019 was R277 billion (USD20 billion).

The group’s largest shareholder is the Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 20.1% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.

For further information, go to http://www.standardbank.com

Markus Bayer

Markus Bayer

Head of CEE Debt Capital Markets

MUFG

Markus Bayer

Markus Bayer

Head of CEE Debt Capital Markets at MUFG

MUFG

Markus Bayer

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 2,700 offices in more than 50 markets. The Group has over 180,000 employees, and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

MUFG aims to be the world’s most trusted financial group through close collaboration among its operating companies, and to respond to all of the financial needs of its clients, serving society, and fostering shared and sustainable growth for a better world.

Please visit our website for more information - mufgemea.com.

LinkedIn Page: https://www.linkedin.com/compa...

Twitter Page: @MUFGEMEA

Matthew Duggan

Matthew Duggan

Head of Syndications

Absa

Matthew Duggan

Matthew Duggan

Head of Syndications at Absa

Matthew Duggan is based in Johannesburg and head of a unique cross product syndicate function with regional responsibility for Africa.

The integrated syndicate platform is responsible for the execution and risk management of Absa’s primary capital and loan markets’ businesses across the continent. In this role he chairs the firm’s Underwrite Committee

Matthew has over 20 years of investment banking experience commencing his career at JP Morgan in London followed by a move to Credit Suisse. He joined Absa in 2011 with an initial focus on establishing a Syndicate platform for the Africa region and ensuring greater connectivity with Barclays.

Matthew’s deal experience is broad and diverse having worked on a number of landmark fixed income, equity and equity linked transactions across the EMEA region ranging from the IPO of Telkom SA in 2003 through to the recent inaugural Barclays Africa Group Tier 2 USD issuance in 2018.

Absa

Matthew Duggan

Absa Group Limited (‘Absa Group’) is listed on the Johannesburg Stock Exchange and is the parent company of one of Africa’s largest diversified financial services groups.

Absa Group, through its worldwide affiliates and subsidiaries (collectively referred to as “The Group”), offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.

The Group has a presence in 12 countries in Africa, with approximately 42 000 employees.

The Group’s registered head office is in Johannesburg, South Africa, and it owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa (Absa Bank Limited), Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia. The Group also has representative offices in Namibia, Nigeria, London and New York as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.

For further information about Absa Group Limited, please visit: www.absa.africa

LinkedIn Page: https://www.linkedin.com/compa...

Simon Howie

Simon Howie

Co-Head South Africa & Africa Fixed Income

Ninety One

Simon Howie

Simon Howie

Co-Head South Africa & Africa Fixed Income at Ninety One

Simon is a co-head of SA & Africa Fixed Income and is responsible for the SA and Africa Credit team at Investec Asset Management. He joined in 2005 when he was tasked with building its credit business and capabilities. Investec Asset Management now holds a leading position in managing diverse institutional credit portfolios, including both the listed and unlisted markets. Simon was previously with Investec Bank where he was responsible for debt origination (including corporate bonds, structured credit and securitisation) and was involved in the Southern African debt capital markets from its infancy in the late 1990s. Simon holds a Bachelor’s degree in Architecture from the University of Natal, a Master’s degree in Business Administration from Nijenrode University in The Netherlands, and is a CFA Charterholder.

Ninety One

How has de-dollarisation, currency depreciation, and increased reliance on the Naira impacted Nigeria’s long-term debt outlook?

Tue 24th Nov 2020, 11:30am (Europe/London)

  • With a shortage of USD funding, can the naira market be “overtapped”? Is it sustainable to rely long-term on the naira?
  • What measures do the government have in place if it depreciates further?
  • How can the government balance the funding of much-needed infrastructure with helping borrowers get back on their feet? Where does the priority lie?

Moderator

Femi Oladehin

Femi Oladehin

Femi Oladehin

Partner at Argentil Capital Partners

Argentil Capital Partners

Speakers

Tony Esene

Tony Esene

Head of Corporate Finance

Dangote Group

Tony Esene

Tony Esene

Head of Corporate Finance at Dangote Group

Mr. Tony Esene is the Group Head, Corporate Finance of the Dangote Group with responsibility for capital raising and other capital market activities of the Group. Tony joined the Dangote Group in 2005 and has been at the forefront of the landmark financial market transactions that have largely contributed to the tremendous transformation of the Group in the past 15 years. He oversaw the unbundling of the Group into separate stand-alone companies and the stock exchange listing of the resultant companies. The financing of the massive national and international expansion of the cement business was under his care. He is currently leading the financing of the Group’s greenfield oil refinery and fertilizer projects which involves the raising of over $6 billion in debt capital. Before joining the Dangote Group, Tony had a successful investment banking career spanning three reputable investment banks in Nigeria – Liberty Bank Plc, MBC International Bank Ltd and NAL Bank Plc – during which period he handled several transactions in financial advisory services, mergers & acquisitions and capital market issues. Tony understands very well the regulatory environment for raising capital (equity and debt) from the Nigerian Capital Market. Tony holds a Bachelor’s Degree in Agronomy from the University of Ibadan and an MBA (with specialization in Finance) from the University of Benin.

Dangote Group

Tony Esene
Oguche Agudah

Oguche Agudah

Oguche Agudah

Chief Executive Officer at Pension Funds Operators Association of Nigeria (PenOp)

Oguche is currently the Chief Executive Officer (CEO) of the Pension Fund Operators Association of Nigeria (PenOp). In this role he leads the efforts of c $ 28 billion pension industry Nigeria in engaging the regulators, the media, financial markets and other stakeholders in order to ensure that the interests of the pension industry and pension operators are protected and promoted and also in ensuring that the pension industry has a positive effect on National Development.

Oguche was previously Nigeria’s Regional Director for OurCrowd, a crowd funding and venture capital firm with headquarters in Israel. He was also previously the Chief Investment Officer/Executive Director of a growing integrated real estate and alternative asset management company.

Prior to this, he worked as a Special adviser to Nigeria’s Minister of Industry, Trade and Investment. His portfolio was “Access to Finance”. In this role, he advised on and implemented policies, strategies and programmes that could help to increase access to finance for Nigeria’s teeming entrepreneurs.

Prior to this, he worked with Standard Chartered Bank as an associate Director in their Lagos office, where he was in charge of the credit quality of a portfolio of assets worth USD 7 billion dollars. This included various loan products and derivatives to banks, the government and sovereign owned enterprises (SOEs) in Nigeria. In Standard Chartered, he had short term assignments in South Africa and London, working in the Risk management, Credit and Corporate Finance functions. In Standard Chartered Bank he held various roles spanning operations, Risk management & Credit, financial institutions and strategy.

He possesses a degree in Banking and finance from the University of Lagos, Nigeria and is a fellow of the Chartered Institute of Bankers Nigeria and an associate of the Chartered Institute of Stockbrokers Nigeria.

He is an avid writer and he has a column in some local and international mediums where he writes and advices on strategy, finance, entrepreneurship and emerging markets.

He is deeply involved in community work, as he mentors a group of volunteers, focusing on building global businesses and leaders out of Nigeria.

He is a firm believer in Nigeria, married to his best friend and they have two boisterous children.

He has been privileged to experience life as an entrepreneur, a policy maker and an employee in a world class organization operating in an emerging market. These varied circumstances have enabled him to appreciate life and business from different perspectives arming him with a unique blend of the excellence and business acumen of the private sector and the social impact objective of the public sector.

Pension Funds Operators Association of Nigeria (PenOp)

Oguche Agudah
Pabina Yinkere

Pabina Yinkere

Chief Investment Officer

Sigma pensions

Pabina Yinkere

Pabina Yinkere

Chief Investment Officer at Sigma pensions

Pabina is the Chief Investment Officer (CIO) at Sigma Pensions Limited, a Tier I Pension Fund Administrator in Nigeria with over $1 billion assets under management (AUM). His role involves articulating the investment strategies for 15 funds under management. Pabina has over 15 years’ experience in investment advisory, institutional research, financial strategy, and portfolio management. He has been a core member of various Investment Strategy Committees and part of a team that introduced Exchange Traded Funds (ETFs) to the Nigerian Market. Before joining Sigma Pensions, Pabina was Director, Institutional Business at Vetiva Capital Management. He has also previously held positions as Head of Research and Strategy at the Asset Management Division at Access Bank Plc, and at Afrinvest (West Africa) Limited. He holds an MBA from the Lagos Business School.​

Sigma pensions

Dolu Olugbenjo

Dolu Olugbenjo

Head, Corporate Financing Solutions

Stanbic IBTC

Dolu Olugbenjo

Dolu Olugbenjo

Head, Corporate Financing Solutions at Stanbic IBTC

Dolu is an Executive of the Standard Bank Group and the Head of Corporate Financing Solutions at Stanbic IBTC Capital, a member of Stanbic IBTC Holdings PLC where he oversees the provision of debt solutions to clients across key sectors of the Nigerian economy. His transactional experience spans project finance, acquisition finance, expansion finance across consumer, telecoms, industrial and oil & gas sectors. At Stanbic IBTC Capital, he has assisted clients in raising funds with a cumulative value of over $5.0bn across key sectors of the Nigerian economy.

Prior to joining Stanbic IBTC Capital, he was with Ernst and Young LLP providing Transaction Advisory Services to clients in the financial services sector, automotive sector and chemicals sector. Dolu has a first degree in Accountancy from Obafemi Awolowo University, Ile-Ife, Nigeria and a Masters degree in Business Finance and International Investments (Combined Hon ours), from Brandeis University - Boston, Massachusetts.

Stanbic IBTC

Dolu Olugbenjo
Kolawole Owodunni

Kolawole Owodunni

Kolawole Owodunni

Chief Investment Officer at Nigeria Sovereign Investment Authority

Nigeria Sovereign Investment Authority

Transition finance as a gateway to green: How can fossil fuel dependent economies start thinking about ESG? What are the first-steps?

Tue 24th Nov 2020, 12:30pm (Europe/London)

  • What do banks and investors expect from commodity-driven companies in relation to their approach to ESG?
  • For an oil, gas or mining company thinking about becoming more sustainably focused, what are the first steps in the transition process?
  • How can oil & gas and mining companies start to become more conscious about greener reporting?

Moderator

Heidi Barends

Heidi Barends

Sustainable Finance

Absa

Heidi Barends

Heidi Barends

Sustainable Finance at Absa

Absa

Heidi Barends

Absa Group Limited (‘Absa Group’) is listed on the Johannesburg Stock Exchange and is the parent company of one of Africa’s largest diversified financial services groups.

Absa Group, through its worldwide affiliates and subsidiaries (collectively referred to as “The Group”), offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.

The Group has a presence in 12 countries in Africa, with approximately 42 000 employees.

The Group’s registered head office is in Johannesburg, South Africa, and it owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa (Absa Bank Limited), Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia. The Group also has representative offices in Namibia, Nigeria, London and New York as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.

For further information about Absa Group Limited, please visit: www.absa.africa

LinkedIn Page: https://www.linkedin.com/compa...

Speakers

Brian Marcus

Brian Marcus

Head of Capital Management

Seplat Petroleum

Brian Marcus

Brian Marcus

Head of Capital Management at Seplat Petroleum

Mr. Marcus jointed Seplat in 2018 as Head of Corporate Finance. Mr. Marcus has over 15 years’ experience in the financial sector, primarily focused on emerging markets with extensive experience in structuring energy transactions on the African continent. Prior to joining Seplat, he was an Executive Director in the Energy and Natural Resources Group at Standard Chartered Bank and prior to that role, he was an associate attorney with Latham & Watkins.

Seplat Petroleum

Brian Marcus
Colm D'Rosario

Colm D'Rosario

Deputy Head of Emerging Markets Fixed Income

Amundi Asset Management

Colm D'Rosario

Colm D'Rosario

Deputy Head of Emerging Markets Fixed Income at Amundi Asset Management

Colm is Deputy Head of Emerging Markets Fixed Income and co-Head of EM and HY Corporates. He is Lead Portfolio Manager forour Emerging Market CorporateHigh Yield investment strategies with one of the longest track records in the Emerging High Yield category. Colm is also co-manager on a number of award-winning Unconstrainedstrategies. He has over 15 years of investment experience and has been a member of the team since 2007. Before joining Pioneer Investments, Colm worked as a Credit Analyst with WGZ Bank (2004-2007). Colm has an MA in Economics and Finance, an MSc in Mathematics and a BA in Mathematics/Economics. In 2007 he was awarded the Financial Risk Manager (FRM®) designation by the Global Association of Risk Professionals (GARP).

Amundi Asset Management

Jens Hoenerhoff

Jens Hoenerhoff

Vice President, Sustainability and Corporate Governance

DEG Invest

Jens Hoenerhoff

Jens Hoenerhoff

Vice President, Sustainability and Corporate Governance at DEG Invest

Jens Hoenerhoff, degreed Energy and Process Engineer at the Technical University of Berlin, works as senior environmental specialist for the DEG, the private sector development financing branch of the German KfW-Group. As vice president/ sustainability he is inter alia responsible for the development of the WWF-DEG “Water Risk Filter”, the mapping tool for water risks.

DEG Invest

DEG: More than finance

For almost 60 years DEG has been a reliable partner to private-sector enterprises operating in developing and emerging-market countries. We provide our customers with tailor-made solutions, including financing, promotional programmes and advice tailored to individual needs. They can thus develop successfully and sustainably, while generating local added value and creating qualified jobs. With our portfolio of around EUR 9 billion in over 80 countries we’re one of the world’s largest private-sector development financiers.

www.deginvest.de/en

Ritesh Agarwal

Ritesh Agarwal

Director Investment Banking

Emirates NBD

Ritesh Agarwal

Ritesh Agarwal

Director Investment Banking at Emirates NBD

Ritesh is currently a Director in the Debt Capital Markets team of Emirates NBD Capital having joined team in September 2014. Previously, Ritesh worked at Bank of America Merrill Lynch, Mumbai office in the Capital Markets team where he helped numerous issuers raise both equity and debt. He has been involved in several landmark transactions across governments, financial institutions, blue chip and mid-cap corporates on their Islamic and conventional financing strategies and access to debt capital markets and has helped issuers raise over USD 50bn over the last few years

Ritesh has a BE in Electrical Engineering from BITS Pilani (India) and holds a Post Graduate Diploma in Management from Indian Institute of Management, Ahmedabad (India)

Emirates NBD

Ritesh Agarwal

Emirates NBD (DFM: Emirates NBD) is a leading Banking Group in the MENAT region. As at 30th September 2020, total assets were AED 692 Billion (equivalent to approx. USD 188 Billion). The acquisition of DenizBank represents a significant milestone for Emirates NBD with the Bank expanding its presence to 13 countries, servicing over 14 million customers. The Bank is ranked among the top 20 in the Forbes’ list of the World’s Best Regarded Companies, securing a leading spot among global brands.

The Bank has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. Emirates NBD was named “UAE’s Best Bank” in 2020 for a fifth consecutive year by Euromoney. In addition, Emirates NBD received the “Excellence in Leadership in the Middle East” award, introduced this year in light of the Covid-19 impact, as a recognition of its efforts in responding to the Covid-19 crisis.

Emirates NBD is also a major player in the UAE corporate segment and has strong Islamic banking, investment banking, private banking, asset management, global markets & treasury and brokerage operations.

LinkedIn page: https://www.linkedin.com/company/emirates-nbd/mycompany/

Debt restructuring and debt forbearance: What lessons can be taken from successful transactions in South Africa across the rest of the continent?

Tue 24th Nov 2020, 13:15pm (Europe/London)

  • Navigating the legal and regulatory frameworks: What should you be aware of before entering a restructuring?
  • Understanding how to factor payment and covenant deferrals into your wider financing structure
  • Importance of mitigating against potential liquidity issues, and lack of protection on Stock Exchange listings
  • What role is the DSSI looking to play in kickstarting the most fragile sectors (e.g. retail, aviation, transport)? How will African economies support themselves post DSSI?
  • How does DSSI and debt restructuring fit together? Is a restructuring inevitable following any DSSI agreements?

Moderator

Anthony Evens

Anthony Evens

Head: Structured Asset Management

Absa

Anthony Evens

Anthony Evens

Head: Structured Asset Management at Absa

Anthony Evens is the Head of Special Asset Management at Absa’s Corporate and Investment Banking division providing restructuring solutions for clients across the African Continent. After qualifying as a CA(SA) Anthony moved to London where he spent 7 years working in Corporate Finance, Mergers and Acquisitions and Strategy for PwC and Barclays Capital. During this time, Anthony provided advice on deals across UK, Europe, North America, New Zealand and Australia.

Anthony returned to South Africa in 2008, which coincided with the Global Financial Crisis causing some unique dislocation in the SA banking market and Anthony’s initiation into the distress sector. Since then, Anthony has worked on most major restructurings amassing experience across a broad range of sectors and geographies in the African context.

One of Anthony’s desires is to see the African distress market develop to its full potential for the advancement of our economies.

Absa

Anthony Evens

Absa Group Limited (‘Absa Group’) is listed on the Johannesburg Stock Exchange and is the parent company of one of Africa’s largest diversified financial services groups.

Absa Group, through its worldwide affiliates and subsidiaries (collectively referred to as “The Group”), offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.

The Group has a presence in 12 countries in Africa, with approximately 42 000 employees.

The Group’s registered head office is in Johannesburg, South Africa, and it owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa (Absa Bank Limited), Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia. The Group also has representative offices in Namibia, Nigeria, London and New York as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.

For further information about Absa Group Limited, please visit: www.absa.africa

LinkedIn Page: https://www.linkedin.com/compa...

Speakers

Thomas Christiansen

Thomas Christiansen

Managing Director, Head of EM Sovereign Debt

Union Bancaire Privée

Thomas Christiansen

Thomas Christiansen

Managing Director, Head of EM Sovereign Debt at Union Bancaire Privée

Thomas joined UBP in 2017 from Nordea Asset Management , where he was responsible for the launch of their hard currency EM Debt strategy. Prior to that, he worked at BlackRock Financial Management for 10 years, most recently as a portfolio manager in their Emerging Markets Debt team. Before that, Thomas was a founding member of the BlackRock Investment Institute, where he worked as an investment strategist. Thomas is a Danish national and has a BSc in Economics, with honours, from New York University.

Union Bancaire Privée

Kevin Daly

Kevin Daly

Portfolio Manager, Emerging Market Debt

Aberdeen Standard Investments

Kevin Daly

Kevin Daly

Portfolio Manager, Emerging Market Debt at Aberdeen Standard Investments

Aberdeen Standard Investments

Hans Humes

Hans Humes

Chief Executive Officer and Chief Investment Officer

Greylock Capital

Hans Humes

Hans Humes

Chief Executive Officer and Chief Investment Officer at Greylock Capital

Hans Humes is Chief Executive Officer and Chief Investment Officer of Greylock Capital Management, LLC which he founded as a joint venture with Van Eck Global in May 1995.

Mr. Humes has over three decades of experience working in emerging markets. Humes was a Managing Partner of Van Eck Absolute Return Advisors, Inc. when he launched the fund which became the Greylock Global Opportunity Master Fund in 1997. From 1991 to 1994, he was a key member of the Lehman Brothers emerging markets debt trading team, co-developing the desk and managing over $500 million in investments. Prior to that he traded a proprietary debt portfolio at Banco Santander and engineered several debt/debt and debt/equity swaps in Latin America. Humes began his career at Manufacturers Hanover, where he worked on the sovereign debt restructurings for the Philippines and Yugoslavia.

Mr. Humes has served on numerous sovereign debt restructuring committees, among them the Steering Committee of the Private Creditor-Investor Committee for Greece and the Global Committee of Argentine Bondholders (GCAB), where he was co-chair. Mr. Humes has been active in policy and regulatory initiatives affecting creditors globally. He is currently co-chair of the IIF Committee of Sovereign Risk Management, a trustee of the IIF’s Principles Consultative Group (PCG) for the Principles for Stable Capital Flows and Fair Debt Restructuring in Emerging Markets, a member of the IIF Working Group on Reconciliation of Past Due Sovereign Debt and a member of the IIF Market Monitoring Group.

Mr. Humes is on the board of directors of the MacDella Cooper Foundation, which provides care and schooling for Liberian orphans, the Georgie Badiel Foundation, which focuses on providing access to clean water and sanitation to the people of Burkina Faso and neighboring Sub-Saharan African countries, and the Wendy Hilliard Gymnastics Foundation, which provides gymnastics training for young people in Harlem. Mr. Humes is also on the board of trustees of the New York Theatre Workshop.

Mr. Humes received his BA from Williams College in 1987. He has lived and studied in Nigeria, Morocco, Canada, Netherlands, Chile, Mexico, and Belgium and is fluent in Spanish.

Greylock Capital

Supporting pre-COVID activity and easing the downturn: How are DFIs, ECAs and commercial banks working alongside each other to ease the financial impact of the pandemic on the continent?

Tue 24th Nov 2020, 14:00pm (Europe/London)

  • With IMF and World Bank support on the table, are DFIs seeing a slow-down in appetite for syndications from some clients? How are they adjusting to this?
  • How is the relationship between DFIs and commercial banks changing with DFIs taking on an increased role in club deals?
  • Where do commercial banks see opportunities post-pandemic?

Moderator

Constantin Von Moltke

Constantin Von Moltke

Constantin Von Moltke

Director of Syndications and Agency at African Export-Import Bank (Afrexim)

Constantin is Director of Syndications & Agency at the African Export-Import Bank based in Cairo. He has 25 years’ experience of working for both commercial banks and development finance institutions in the loan markets in the Africa, Europe, and the Middle East. Prior to the present position he held management positions with the African Development Bank (Head of Syndication & Co-financing), UniCredit (Global Head Project & Commodity Finance Loan Syndication), and Dresdner Kleinwort Wasserstein (Manager, European Energy & Utilities - Project and Acquisition Finance). In these capacities Constantin has been responsible for advising, arranging and syndicating corporate / project / acquisition financings and structured commodity financings in the financial institution, infrastructure, natural resources and industries sectors. He started his career at the International Trade Centre and United Nations Conference on Trade and Development in Geneva.

African Export-Import Bank (Afrexim)

Constantin Von Moltke

Speakers

Banji Fehintola

Banji Fehintola

Banji Fehintola

Corporate Treasurer at Africa Finance Corporation

Banji is Senior Director and Head of Treasury & Financial Institutions at Africa Finance Corporation (AFC). He is responsible for managing the Corporation’s balance sheet with total assets of about US$4.5 billion and leading the implementation of its annual funding program in the international loan and debt capital markets. Banji joined AFC in January 2008 and as the pioneer Treasurer of the Corporation, he was instrumental in setting up the Corporation’s treasury function and leading AFC to becoming one of the leading African credits in the international loan and debt capital markets.

He has led several landmark borrowing transactions that AFC has executed since its inception. He manages AFC’s relationship with its rating agencies, bankers and asset managers. AFC in one of the highest investment grade rated entities in Africa with a credit rating of A3 (Stable Outlook) from Moody’s. Prior to joining AFC, Banji worked with the Fixed Income, Currencies and Commodities team of Citibank Nigeria and the Tax and Business Advisory Division of former Arthur Andersen. He is a Chartered Accountant, with a first degree in Economics and a Masters degree in International Finance. He is also a CFA Charter holder.

Africa Finance Corporation

Banji Fehintola

AFC, an investment grade multilateral finance institution, was established in 2007 with an equity capital base of US$1.1 billion, to be the catalyst for private sector-led infrastructure investment across Africa. With a current balance sheet of approximately US$6.1 billion, AFC is the second highest investment grade rated multilateral financial institution in Africa with an A3/P2 (Stable outlook) rating from Moody’s Investors Service. AFC successfully raised US$1,150 billion (US$650 million and US$500 million) in 2019, US$500 million in 2017 and US$750 million in 2015 through Eurobond issuances; out of its Board-approved US$5 Billion Global Medium-Term Note (MTN) Programme. All Eurobond issues were oversubscribed and attracted investors from Asia, Europe and the USA.

AFC’s investment approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth. AFC invests in high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. To date, the Corporation has invested over US$7.2billion in projects within 32 countries across Africa.

Miranda Abraham

Miranda Abraham

Miranda Abraham

Loan Syndications Africa at Rand Merchant Bank (RMB)

Miranda has worked across Loan Syndications and Debt Capital Markets for over 20 years, having started her career in the Corporate & Investment Banking team at RBS in 1999. Miranda worked at RBS for 5 years, before joining Barclays Capital (the Investment Banking Division of Barclays) in 2004 and working in the Loan Syndications team there until 2016, when she moved to the Financial Conduct Authority. At the FCA, Miranda was responsible for approving companies for listing on the London Stock Exchange and advising investment bankers on technical corporate finance issues. In January 2019, Miranda moved to her current role of Loan Syndications for Africa, at Rand Merchant Bank, the Investment Banking division of First Rand Group.

Rand Merchant Bank (RMB)

Miranda Abraham

RMB at a glance

Rand Merchant Bank (RMB) is a leading African Corporate and Investment Bank and part of one of the largest financial services groups (by market capitalisation) in Africa – FirstRand Bank Limited. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions.

At RMB we are passionate about solving problems for our clients by seeking solutions beyond the obvious. We are innovative in our thinking and turn challenges into opportunities. We call ourselves Solutionist Thinkers who deliver on Traditional values. Innovative ideas.

Our ability to think differently, our collaborative spirit, our client-centric approach and our belief that great minds don’t always have to think alike, is what sets us apart from our competitors. The emerging and necessary focus on ESG as a tool for capital allocation will lead to more effective and efficient capital markets when principles are adopted by stakeholders. RMB continues to embed ESG principles into our frameworks so that we can deliver relevant solutions that are valued by our clients in the markets in which we operate.

As the Corporate and Investment arm of FirstRand Bank Limited (which is wholly-owned by FirstRand Limited), we have access to a network of retail banks in 25 African countries, including representative offices and branches in the UK, India and China.

For more information please visit: www.rmb.co.za

Michael Fischer

Michael Fischer

Director - Financial Institutions Africa

KFW DEG

Michael Fischer

Michael Fischer

Director - Financial Institutions Africa at KFW DEG

Michael has more than 25 years’ experience in international finance ranging from project finance to private equity. During this period, he has been involved in more than 150 finance transactions on the African continent alone.

In 2000 Michael joint DEG - German Investment and Development Company as Vice President New Business Africa. In this position he was responsible for DEG's new business in predominantly East Africa. In addition, he was DEG's key account manager for the company's telecom projects. Before joining DEG in Germany, Michael worked for over 8 years at Dresdner Bank Group in Germany and Southern Africa, predominantly in credit and corporate banking.

Between 2004 and 2018, Michael has been heading DEG’s regional Office in South Africa in Johannesburg. Since May 2018, he has been the Director of the Department Financial Institutions Africa which has branches in Cologne, Johannesburg, Nairobi, Lagos and Abidjan.

Michael holds an engineering and business administration degree from Karlsruhe Technical University, Germany. Over the years he has hold various directorships of African companies and advisory board seats of various private equity funds. Michael is currently a director of Global Credit Ratings and Beefmaster (Pty) Ltd.

KFW DEG

Michael Fischer

DEG: More than finance

For almost 60 years DEG has been a reliable partner to private-sector enterprises operating in developing and emerging-market countries. We provide our customers with tailor-made solutions, including financing, promotional programmes and advice tailored to individual needs. They can thus develop successfully and sustainably, while generating local added value and creating qualified jobs. With our portfolio of around EUR 9 billion in over 80 countries we’re one of the world’s largest private-sector development financiers.

www.deginvest.de/en

Tusekile Kibonde

Tusekile Kibonde

Resident Underwriter, Tanzania

African Trade Insurance Agency

Tusekile Kibonde

Tusekile Kibonde

Resident Underwriter, Tanzania at African Trade Insurance Agency

Ms. Kibonde joined ATI in 2013 as the underwriter responsible for Tanzania. She is in charge of developing business and underwriting political and trade credit risk policies in Tanzaniaas well as non-member countries such as Mozambique. Her responsibilities also include liaising and strengthening the relationship with the government of Tanzania. In addition, she isa specialist inSurety Bonds and she manages energy sector transactions in all ATI markets. Prior to joining ATI, Ms. Kibonde held13 years of banking industry experience having worked for the East African Development Bank (EADB), as aSenior Investment Officer. She oversaw multi-million dollar projects in multiple sectors throughout the region.At a different capacity, Ms. Kibonde is also a Non-Executive Director of Access BankTanzania Ltd since 2019. Ms. Kibonde is a national of Tanzania and holds a Master of Arts Degree in Accounting & Financial Management from the University of Essex in the United Kingdom and a Bachelor of Arts Degree in Business Administration from Richmond College in the United Kingdom.

African Trade Insurance Agency

Tusekile Kibonde

ATI was founded in 2001 by African States to cover the trade and investment risks of companies doing business in Africa. ATI predominantly provides Political Risk, Credit Insurance and, Surety Insurance. In 2019, ATI closed the year with exposures of USD6.4 billion and continued to post record results for the eighth consecutive year with 132% growth on the net profit over 2018 owing to strong demand for ATI’s insurance solutions from the international financial sector and from African governments. Since inception, ATI has supported USD62 billion worth of investments and trade into Africa. For over a decade, ATI has maintained an ‘A/Stable’ rating for Financial Strength and Counterparty Credit by Standard & Poor’s, and in 2019, ATI obtained an A3/Stable rating from Moody’s.

Steven Gray

Steven Gray

Country Manager - West Africa

UK Export Finance

Steven Gray

Steven Gray

Country Manager - West Africa at UK Export Finance

Steven, based in Ghana, is an accomplished senior manager, seasoned in 30+ years of demanding multinational roles spanning challenging societal and economic environments across Africa and the Middle East within the trading, logistics, construction, infrastructure and mining sectors.

As UK Export Finance representative in West Africa Steven is responsible for originating a pipeline of new opportunities across the West African sub-region.
Steven has held a number of non governmental organisation board positions, including Vice Chairman of the UK Ghana Chamber of Commerce, UK, 2016–Present; as the Governing Board Member of the Western Regional Coastal Foundation, Ghana, 2015–2017; and as Board Member of Invest In Africa, Ghana, 2013–2016. Mr Gray has a MBA from Heriot Watt University; and has completed an Executive Leadership Program on Oil, Gas and Mining Governance from the University of Oxford, The Blavatnik School of Government.

UK Export Finance

Steven Gray

Economic aftershocks of the election: How the volatile U.S. election as well as spending, tax, and trade policies will impact global markets in 2021 and beyond

Tue 24th Nov 2020, 14:45pm (Europe/London)

  • What are the policies being talked about for 2021 and how will they impact markets?
  • US economic trajectory: What does this mean for the global economic trajectory?
  • What is the outlook for emerging market economies and financial markets?

Speaker

Jason Schenker

Jason Schenker

Jason Schenker

Chairman at The Futurist Institute

Mr. Schenker is the President of Prestige Economics and Chairman of The Futurist Institute. He has been ranked one of the most accurate financial forecasters and futurists in the world. Bloomberg News has ranked Mr. Schenker a top forecaster in 43 categories, including #1 in the world for his accuracy in 25 categories, including for his forecasts of the Euro, the British Pound, the Swiss Franc, the Russian Ruble, the Chinese RMB, crude oil prices, natural gas prices, gold prices, industrial metals prices, agricultural commodity prices, and U.S. jobs.

Mr. Schenker was ranked one of the top 100 most influential financial advisors in the world by Investopedia in 2018. His work has been featured in The Wall Street Journal, The New York Times, Bloomberg, and the Frankfurter Allgemeine Zeitung. He has appeared on CNBC, CNN, ABC, NBC, MSNBC, Fox, Fox Business, BNN, NTV, Bloomberg Germany, and the BBC. Mr. Schenker has also been a guest host of Bloomberg Television and he is currently a columnist for Bloomberg Opinion.

Mr. Schenker attends OPEC and Fed events, and he has given keynotes for public companies, industry groups, and the U.S. Federal Reserve. He has advised NATO and the U.S. government on the future of work, blockchain, Bitcoin, cryptocurrency, quantum computing, data analysis, forecasting, and fake news. Mr. Schenker has written 20 books. Six have been #1 Best Sellers, including: Jobs for Robots, Quantum: Computing Nouveau, Commodity Prices 101, Recession-Proof, Electing Recession, and The Robot and Automation Almanac. Mr. Schenker also wrote The Promise of Blockchain, The Future of Finance is Now, The Future of Energy, Futureproof Supply Chain, The Fog of Data, Robot-Proof Yourself, Financial Risk Management Fundamentals, Midterm Economics, The Dumpster Fire Election, Spikes: Growth Hacking Leadership, Reading the Economic Tea Leaves, and Be the Shredder, Not the Shred. His forthcoming books include The Future of Agriculture, The Future of Healthcare, and Disruption Warfare: The Future of Military Conflict in a Time of Rapidly Advancing Technological Innovation.

Mr. Schenker advises executives, industry groups, institutional investors, and central banks as the President of Prestige Economics. He also founded The Futurist Institute in October 2016, for which Mr. Schenker has created a rigorous course of study that includes The Future of Work, The Future of Transportation, The Future of Data, The Future of Finance, Futurist Fundamentals, The Future of Energy, The Future of Leadership, The Future of Healthcare, and The Future of Quantum Computing. Mr. Schenker is also an instructor for LinkedIn Learning courses on Corporate Finance Risk Management, Audit and Due Diligence, Recession-Proof Strategies, and a weekly Economic Indicator series.

Mr. Schenker holds a Master’s in Applied Economics from UNC Greensboro, a Master’s in Negotiation, Conflict Resolution, and Peacebuilding from CSU Dominguez Hills, a Master’s in Germanic Languages and Literature from UNC Chapel Hill, and a Bachelor’s in History and German from The University of Virginia. He also holds a Certificate in FinTech from MIT, a Certificate in Supply Chain Management from MIT, a Certificate in Professional Development from UNC, a Certificate in Negotiation from Harvard Law School, and a Certificate in Cybersecurity from Carnegie Mellon. Mr. Schenker holds the professional designations CMT® (Chartered Market Technician), CVA® (Certified Valuation Analyst), ERP® (Energy Risk Professional), and CFP® (Certified Financial Planner). He is also a Certified Futurist and Long-Term AnalystTM and holds the FLTATM designation.

Before founding Prestige Economics, Mr. Schenker worked as a Risk Specialist at McKinsey and Company, where he provided content direction to trading, risk, and commodity project teams on six continents. Prior to McKinsey,

Mr. Schenker was the Chief Energy and Commodity Economist at Wachovia, which is now Wells Fargo. Based in Austin, Mr. Schenker is one of only 100 CEOs on the Texas Business Leadership Council, a non-partisan organization that advises Texas elected leadership at the state and federal level. Mr. Schenker is a Governance Fellow of the National Association of Corporate Directors. He also sits on multiple boards and is the VP of Finance on the Executive Committee of The Texas Lyceum, the preeminent non-partisan leadership group in Texas.

The Futurist Institute

Keynote address: Supporting the region for a return to economic growth

Tue 24th Nov 2020, 15:15pm (Europe/London)

Speaker

Ibrahim Sagna

Ibrahim Sagna

Director Advisory & Capital Markets

African Export-Import Bank (Afrexim)

Ibrahim Sagna

Ibrahim Sagna

Director Advisory & Capital Markets at African Export-Import Bank (Afrexim)

Mr. Ibrahim Sagna serves as Global Head & Director of the Advisory & Capital Markets arm of Afreximbank (the "Bank").

Afreximbank is an investment grade rated Pan-African DFI with over US$ 19 Billion of assets. It is Africa’sleading force in Intra-African Trade and Industrialization. The Bank’s mandate is anchored around Trade Finance and its scope of interventions covers direct lending, risk bearing, direct equity and a broad-based investment banking servicesincluding Advisory, Capital Markets and Syndications.

Mr. Sagna is a seasoned executive with the privilege of 25 years' track record in global finance. Prior to joining the Bank, he headed the Financial Advisory Services of another Pan-African DFI, the Africa Finance Corporation (AFC). His international career includes North American experiences with the International Monetary Fund (IMF), Merrill Lynch and Emerging Capital Partners (ECP), and European experiences with Millennium Global and Blackthorn Capital. He recently served as a board director to the Capital Markets Authority (CMA) of Rwanda and as member of the President of Senegal’s Council of Investments.

Mr. Sagna holds a Bachelor degree and a Master of Finance from Boston College and has been sponsored to management programs both at Harvard Business School and London Business School.

African Export-Import Bank (Afrexim)

Ibrahim Sagna

Close of conference day one

Tue 24th Nov 2020, 15:45pm (Europe/London)

Opening remarks

Wed 25th Nov 2020, 7:45am (Europe/London)

Africa’s energy and social development infrastructure (Healthcare, Education, Housing): Who is investing and what role are financiers & infrastructure companies playing to kick-start these projects?

Wed 25th Nov 2020, 8:00am (Europe/London)

  • How do pipelines compare pre and post pandemic? 
  • Which sectors are piquing investor interest? Are governance structures robust enough for investors to want to invest in energy and transport projects?
  • Greenfield vs. brownfield vs. health and educational infrastructure: Which types of projects and which sectors are seeing a renewed appetite for investment?
  • What criteria do DFIs and ECAs focus on when selecting a project for funding? To what extent will they fill the funding and tenor gaps?
  • Multilateral vs. bank funding: How do the funding options for borrowers compare?

Moderator

Christopher Marks

Christopher Marks

Managing Director, Head of Emerging Markets, EMEA

MUFG

Christopher Marks

Christopher Marks

Managing Director, Head of Emerging Markets, EMEA at MUFG

MUFG

Christopher Marks

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 2,700 offices in more than 50 markets. The Group has over 180,000 employees, and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

MUFG aims to be the world’s most trusted financial group through close collaboration among its operating companies, and to respond to all of the financial needs of its clients, serving society, and fostering shared and sustainable growth for a better world.

Please visit our website for more information - mufgemea.com.

LinkedIn Page: https://www.linkedin.com/compa...

Twitter Page: @MUFGEMEA

Speakers

Palesa Ryan

Palesa Ryan

Head of Origination and Coverage for the Social, Health and Education

Development Bank of Southern Africa

Palesa Ryan

Palesa Ryan

Head of Origination and Coverage for the Social, Health and Education at Development Bank of Southern Africa

Palesa Ryan is the Head of Origination and Coverage for the Social, Health and Education sectors at the Development Bank of Southern Africa (DBSA). She has more than 16 years of experience in the financial services industry; spanning across South Africa’s big four banks as well as the key DFIs including the IDC and the Land Bank of South Africa. Her work experience includes Credit, Workout and Restructuring, Coverage (Relationship Management) and Private Equity.

Prior to joining DBSA, Palesa managed the Workout and Restructuring Business Unit at Land Bank, which led the turnaround of the bank’s non-performing loan book in the agricultural sector. During her tenure, she also

sat on numerous committees as either a voting or an alternate member on Credit, Pricing and Asset and Liability Management Committee (“ALCO”) for the Land Bank. She has also served as the Vice President and Head of Non-Bank Financial Institutions (“NBFI”) for ABSA Group Limited.  In this role, she managed a budget in excess of R 330m across Ghana, Kenya, Tanzania, Zambia, Uganda, Botswana, Mauritius, Mozambique and Seychelles. 

Palesa holds a Bachelor of Commerce Degree in Management Accounting and Finance from the University of Witwatersrand, as well as a Diploma (cum laude) in Insolvency Law & Practice from the University of Johannesburg. In October 2020, she qualified as a PPP Professional under the Nepad Business Foundations CP3P Certification Programme.

Outside of work and academia, Palesa has contributed insightful business and development news from around the continent to the Continent and South Africa’s business media including CNBC Africa, Power FM and Radio 702. Palesa is currently serving as the Co-Chair of the Human Settlements Technical Working Group under the Presidency as part of the Inaugural Sustainable Infrastructure Development Symposium. The mother to twin boys, she is recognized as an astute public speaker and Master of Ceremonies, having hosted key international events such as the African Presidential Leadership Conference in 2017.

Development Bank of Southern Africa

Palesa Ryan

The Development Bank of Southern Africa (DBSA) is a leading development finance institution (DFI) in Africa. Established in 1983, the DBSA participates across the entire infrastructure value chain and provides planning, project preparation, financing, and implementation support for economic and social infrastructure in South Africa, SADC and the rest of the African Continent. The institution’s mission is to improve people’s lives, boost economic growth and promote regional integration through infrastructure development. For more information, visit www.dbsa.org

Bhavtik Vallabhjee

Bhavtik Vallabhjee

Head - Power, Utilities & Infrastructure

Absa

Bhavtik Vallabhjee

Bhavtik Vallabhjee

Head - Power, Utilities & Infrastructure at Absa

Bhavtik C. Vallabhjee has over 25 years of Corporate & Merchant Banking experience in South Africa, the Middle East & Europe. He has been engaged in structuring major project finance transactions in sectors such as power (incl. Renewable Energy), water, oil & gas, telecoms, transportation, healthcare & industrial projects. He has worked on several deals in the Middle East and a number of African countries. He has been involved in executing transactions with an aggregate value in excess of US$23bn in his career. He spent 5 years in the Middle East at the height of its infrastructure spending boom where he was a Project Finance banker there. Since 2010, he has been intrinsically involved in the power programs in Africa (Renewables, coal baseload, Emergency Power, etc.), and was part of the teams that successfully closed >25 projects with significant debt underwrites. He is currently Head of Absa Corporate & Investment Banking Power, Utilities & Infrastructure team and works across conventional & renewable power technologies in Africa. He is based in London.

He is a qualified Chartered Management Accountant (UK), has an MBA in Finance from Stellenbosch Business School in Cape Town, South Africa, two Honours and a Bachelors degree in Accountancy & Finance.

Absa

Bhavtik Vallabhjee

Absa Group Limited (‘Absa Group’) is listed on the Johannesburg Stock Exchange and is the parent company of one of Africa’s largest diversified financial services groups.

Absa Group, through its worldwide affiliates and subsidiaries (collectively referred to as “The Group”), offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.

The Group has a presence in 12 countries in Africa, with approximately 42 000 employees.

The Group’s registered head office is in Johannesburg, South Africa, and it owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa (Absa Bank Limited), Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia. The Group also has representative offices in Namibia, Nigeria, London and New York as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.

For further information about Absa Group Limited, please visit: www.absa.africa

LinkedIn Page: https://www.linkedin.com/compa...

Farid Fezoua

Farid Fezoua

President and Chief Executive Officer

General Electric Africa

Farid Fezoua

Farid Fezoua

President and Chief Executive Officer at General Electric Africa

Farid Fezoua is the President & CEO, GE Africa - leading GE’s operations in Sub-Saharan Africa across all GE businesses including Healthcare, Power, Aviation, Transportation and Oil & Gas. He was appointed to this role in October 2018 as an expansion of his responsibility as President & CEO for GE Healthcare in Africa and a Vice President of the GE Company. In June 2019 Farid was named as Co-chair of the U.S. President’s Advisory Council on Doing Business in Africa (PAC-DBIA).

Over the last 8 years in his role as President & CEO for GE Healthcare in Africa, Farid has been leading GE Healthcare’s business growth while developing sustainable healthcare offerings and partnerships with public and private health providers to address the continent’s biggest health priorities. Focused on addressing the need for larger access to affordable and quality healthcare, Farid also leads the development of major large-scale modernisation programs and public and private sector project development for GE’s Healthcare business across Africa.

Joining GE in 2003 in France, Farid led customer & project financing efforts for GE Healthcare’s Middle East, Africa and Turkey Region. In 2005, Farid was appointed Regional Executive for GE Capital Markets Corporate, leading customer and project finance for all GE businesses in the Middle East, Africa, Turkey & Pakistan based in Dubai.

With a career spanning almost 28 years, Farid has covered various geographies including the Middle East, Africa, Europe, Eastern Europe and Russia. He has extensive experience in the financing of trade and investment flows across the Middle East, Africa and Europe, and a deep knowledge of trade and export /project finance practices together with a large portfolio of banking and institutional relations in the region. He has developed a strong track record of infrastructure project development & financing in the field of power, transportation & healthcare as well as business operations & management.

Prior to joining GE, Farid held several senior positions in the international banking sector specialising in Export and Trade Finance, Correspondent Banking and Institutional Relations. He started his banking career at BCEN-Eurobank, Paris (subsidiary of the Russian foreign trade Bank). He then went on to serve as Deputy Head of Commodity and Trade Finance at B.A.I.I. (Banque Arabe et Internationale d'Investissement, a subsidiary of BNP specialized in trade and investment in the MENA region) and prior to joining GE, was appointed Assistant General Manager & Head of Correspondent Banking and Trade Finance at the Arab Banking Corporation, Paris Branch.

Farid graduated with a degree in International Relations from the Université de La Sorbonne in Paris and speaks fluent French, English, Arabic and Russian.

Farid is based in Johannesburg with his wife and two children.

General Electric Africa

Tariye Gbadegesin

Tariye Gbadegesin

Tariye Gbadegesin

Chief Investment Officer at ARM Harith Infrastructure Investment

Tariye Gbadegesin is an investment professional with 20 years of experience in the financial services sector and over US$ 3 billion of transaction experience.

She is the Managing Director and Chief Investment Officer of ARM Harith Infrastructure Fund Managers (ARMHIIL); a Joint Venture between Asset & Resource Management Company Ltd (ARM) , a Nigerian institutional investor with US$2.3 billion of assets under management and Harith General Partners (Pty) Ltd (Harith), a South African infrastructure fund manager with over US$1 billion under management.

Tariye is a member of the Advisory Council of the Millennium Challenge Corporation in Washington D.C. She is part of The United Nations Development Program Working Group for Insurance-based Financial Instruments to support Climate Finance as well as the The Global Innovation Lab for Climate Finance.

She was on the founding team to establish the Africa Finance Corporation (AFC), a pan African DFI with US$ 6 billion under management where she led several of AFC’s investments in the sectors of power, transport, industrials, and telecommunications infrastructure. Tariye was the head of the Industrial and Telecommunications Business at AFC, building the business into an US$ 800 million allocator of capital across Africa for the sector.

Tariye has global experience from working at the International Monetary Fund, Boston Consulting Group and PricewaterhouseCoopers. She has a bachelor’s degree in Economics from Amherst College, and an MBA from the Harvard Business School.

ARM Harith Infrastructure Investment

Raghav Gandhi

Raghav Gandhi

Chief Investment Officer

Acorn Holdings Limited

Raghav Gandhi

Raghav Gandhi

Chief Investment Officer at Acorn Holdings Limited

Raghav is an experienced real-estate professional with a proven track record of delivering results globally across asset classes. He has jointly led the growth of a major commercial real estate start-up venture in India and headed the development of projects across the MENA region for a major real estate developer in Kuwait, where he was also responsible for optimising returns from a number of underperforming investments. He subsequently established his own consulting practice, which advised GCC families and corporates on real estate transactions and projects in the UK and the Middle East.


Raghav joined Acorn in February 2020 as a consultant for the implementation of the Acorn REITs. He worked closely with the Corporate Finance and Corporate Affairs/Legal teams, as well as with transaction advisors, service providers and investors. Effective 1st November 2020, Raghav was appointed as Chief Investment Officer – AHL / Managing Director – AIML.

Raghav holds an MBA from The Wharton School, University of Pennsylvania and a Bachelor of Sciences in Economics from the London School of Economics.

Acorn Holdings Limited

Alastair Herbertson

Alastair Herbertson

Alastair Herbertson

Director at Emerging Africa Infrastructure Fund

Emerging Africa Infrastructure Fund

Assessing private credit as a vehicle to bridge the gap between the debt and equity markets

Wed 25th Nov 2020, 9:00am (Europe/London)

  • What products are banks and private equity houses offering if borrowers choose to access alternative funding?
  • Why it is important to have alternatives to debt and more malleable capital on the table in the current climate?
  • What methods can be used to turn debt into equity (if necessary), and how can alternative credit firms support this?

Moderator

Marina Nakano

Marina Nakano

Chief Operating Officer and Chief Financial Officer

African Private Equity and Venture Capital Association (AVCA) 

Marina Nakano

Marina Nakano

Chief Operating Officer and Chief Financial Officer at African Private Equity and Venture Capital Association (AVCA) 

Marina Nakano is Chief Operating Officer & Financial Director of the African Private Equity and Venture Capital Association (AVCA). Marina brings over 15 years of experience in financing and control of projects in emerging markets.

Prior to joining AVCA, Marina was COO/CFO of Walkabout Foundation, a UK/US registered charity deploying projects in developing countries, with a focus in East Africa in particular. Previously, Marina spent 15 years in Investment Banking between Credit Suisse, Deutsche Bank, UBS and Itau BBA in New York, London, Sao Paulo and Dubai, mainly covering fixed income and debt instruments for Emerging Markets.

She speaks fluent Portuguese and Spanish, has an Industrial Engineering degree from University of Sao Paulo, Brazil, and an MBA from the University of Chicago, Booth School of Business.

African Private Equity and Venture Capital Association (AVCA) 

Speakers

Paul Kavuma

Paul Kavuma

Paul Kavuma

Chief Executive Officer at Catalyst Principal Partners

Paul is the Chief Executive Officer of Catalyst Principal Partners, leading mid-market growth capital private equity fund manager focused on Eastern Africa.

With two funds under management – Catalyst Fund I – USD 125million and successor Catalyst Fund II with USD 155 million, Catalyst has developed a high quality portfolio of investments in a diversity of leading and emerging companies across the region. Catalyst’s investment strategy is underpinned by the growth of increasingly demanding and aspirational consumers across the region, targeting strategic investments in high growth consumer, services and industrial sectors. With its active investment approach, Catalyst adds value in driving growth and performance improvements in the development of regional champions of scale.

Paul has more than 20 years of management consulting, entrepreneurial, investment banking and private equity experience. He was previously a Director and Head of East Africa Private Equity at Actis Capital LLP in London and Nairobi, where he managed a significant and diverse regional investment portfolio. Prior to Actis, he was an Associate Director at HSBC Investment Bank in London and Johannesburg where he led several high profile merger and acquisition transactions across Africa.

Paul is a director on the board of the Africa Private Equity and Venture Capital Association and is a member of Emerging Markets Private Equity Association Frontier Markets Council. He previously served as the Chairman of the Capital Markets Authority Steering Committee for the development of the 10-year Masterplan for the Kenyan Capital Markets. He is an Advisory Board member of the Emerging Markets Institute of the Johnson School of Business at Cornell University, and is a Fellow of the Africa Leadership Initiative East Africa Foundation (member of Aspen Institute Global Leadership Network). He is also a member of the Young President’s Association, global professional network of CEOs. Paul holds several directorships for leading corporates across Eastern Africa.

He holds a Bachelor of Arts in Economics and Engineering from Brown University and an MBA from the Johnson Graduate School of Business at Cornell University.

Catalyst Principal Partners

Samia Tnani Seidensticker

Samia Tnani Seidensticker

Samia Tnani Seidensticker

Head of Credit Origination at AfricInvest Private Credit

Samia is a seasoned credit professional with strong expertise in the African continent. Since 2014, she acts as the Head of Credit Origination at AfricInvest Private Credit, the debt vehicle of AfricInvest group. In her role, Samia originates credit transactions for African SMEs to finance their growth in a sustainable way.

Prior to that, she was Managing Director of the Université Paris-Dauphine, Tunis Campus, where she led the launch of the University's Tunis campus. Samia also has 11 years of banking experience with Citibank in Tunis, where she joined as a Relationship Manager and subsequently focused on Credit and Risk by establishing a Credit Analysis unit, managing the remedial management portfolio and then serving as Country Risk Manager; Samia is a graduate of the IHEC Carthage (BA), and Université Paris-Dauphine (Masters and PhD in Finance).

AfricInvest Private Credit

Samia Tnani Seidensticker
Nathaniel Micklem

Nathaniel Micklem

Nathaniel Micklem

Portfolio Manager at Ninety One

Ninety One

Keynote address: Mobilising African infrastructure investment for 2021 and beyond

Wed 25th Nov 2020, 9:45am (Europe/London)

Speaker

Samaila Zubairu

Samaila Zubairu

Samaila Zubairu

Chief Executive Officer at Africa Finance Corporation

Mr Samaila Zubairu was appointed asAfrica Finance Corporation (AFC)’s 3rd President and Chief Executive Officer in July 2018. AFC is an investment-grade, multilateral financial institution focused on providing solutions to Africa’s infrastructure deficit and challenging business environment by developing and financing infrastructure, natural resources and industrial assets which enhance productivity and economic growth of African states. At the start of the Corporation’s second decade of operation, Mallam Zubairu provided decisive entrepreneurial leadership that propelled the development and implementation of a new five-year corporate strategy which at its core, addresses the urgent mandate of developing and financing power, mining, transport, telecommunications and heavy industries. Key pillars of the strategy include: enhancing the capacity of the team and entrenching a High-Performance Culture; coherent ecosystem strategy for value accretive beneficiation and import substitution; proactive risk and portfolio management to improve AFC’s rating and diversifying the Corporation’s funding sources. MrZubairu currently represents the Corporation’s interests on the Board of Directors of: Aker Energy A.S. -Vice Chairman; Cenpower Generation Company Limited; Danakali Colluli [Potash] Mining Limited; Thor Gold Explorations Limited; ARISE Port & Logistics; Takoradi Port Expansion Project; Novelle Gabon Mine. Additionally, Samaila sits on the Advisory Board of the United Nations administered Nigeria Humanitarian Fund—Private Sector Initiative (NHF PSI) for internally displaced persons in North-Eastern Nigeria. Prior to his appointment, Mallam Zubairu was the CEO of Africapital Management Limited and Chief Financial Officer for Dangote Cement Plc, as well as the Treasurer for Dangote Group. He also worked at Liberty Merchant Bank Plc, FSB Plc (now Fidelity Bank), Denham Management Company and Muhtari Dangana & Co (Chartered Accountants). Samailais an Eisenhower Fellow and is a Fellow of the Institute of Chartered Accountants, Nigeria (FCA). He holds a BSc in Accounting from Ahmadu Bello University, Nigeria.

Africa Finance Corporation

Samaila Zubairu

AFC, an investment grade multilateral finance institution, was established in 2007 with an equity capital base of US$1.1 billion, to be the catalyst for private sector-led infrastructure investment across Africa. With a current balance sheet of approximately US$6.1 billion, AFC is the second highest investment grade rated multilateral financial institution in Africa with an A3/P2 (Stable outlook) rating from Moody’s Investors Service. AFC successfully raised US$1,150 billion (US$650 million and US$500 million) in 2019, US$500 million in 2017 and US$750 million in 2015 through Eurobond issuances; out of its Board-approved US$5 Billion Global Medium-Term Note (MTN) Programme. All Eurobond issues were oversubscribed and attracted investors from Asia, Europe and the USA.

AFC’s investment approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth. AFC invests in high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. To date, the Corporation has invested over US$7.2billion in projects within 32 countries across Africa.

Securitisation as a risk management asset class in the South African market: a useful case study for newer markets?

Wed 25th Nov 2020, 10:15am (Europe/London)

  • Securitisation as a safe haven for investment: Why is this vehicle becoming more attractive to investors?
  • Overcoming compliance burden and regulatory costs: What methods worked well in South Africa?
  • Does one size fit all? Can legal and regulatory nuances be translated to different African economies?

Moderator

Marc Hearn

Marc Hearn

Executive: Debt Capital Markets and Securitisation

Standard Bank

Marc Hearn

Marc Hearn

Executive: Debt Capital Markets and Securitisation at Standard Bank

Marc is an Executive in the DCM and Securitisation team at Standard Bank. During his almost 20 years of banking experience he has covered a wide range of structured debt products including vanilla bonds, hybrid capital instruments and securitisation. He has covered a range of markets including the UK, South Africa, the CIS and Australia. Marc is currently based in Johannesburg and focused on DCM and asset backed financing opportunities both in South Africa and across the continent.

Standard Bank

Marc Hearn

About Standard Bank Group

Standard Bank Group is the largest African bank by assets, operating in 20 African countries and 5 global financial centres. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange, with share code SBK, and the Namibian Stock Exchange, share code SNB.

Standard Bank has a 157-year history in South Africa and started building a franchise outside southern Africa in the early 1990s.

Our strategic position, which enables us to connect Africa to other select emerging markets as well as pools of capital in developed markets, and our balanced portfolio of businesses, provide significant opportunities for growth.

The group has over 50 000 employees, more than 1 100 branches and 9 000 ATMs on the African continent, which enable it to deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management.

Headline earnings for 2019 were R28.2 billion (about USD2 billion) and total assets were R2.3 trillion (about USD163 billion). Standard Bank’s market capitalisation at 31 December 2019 was R277 billion (USD20 billion).

The group’s largest shareholder is the Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 20.1% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.

For further information, go to http://www.standardbank.com

Speakers

Yohan Assous

Yohan Assous

Head of Structured Finance – Africa

GCR Ratings

Yohan Assous

Yohan Assous

Head of Structured Finance – Africa at GCR Ratings

Yohan holds a Master in Management from Ecole des Hautes Etudes Commerciales (H.E.C) in Paris, France.

After starting in Mergers and Acquisitions at BNP Paribas in London and New York and setting up funding platforms for Small and Medium enterprises (SMEs) in an independent Structuring advisory firm in Paris, he joined the Structured Finance department of Fitch Ratings in Paris and subsequently in the South African office between 2002 and 2007. Yohan rated a wide portfolio of securitisations and other Structured Finance instruments (e.g. Covered bonds) across various assets classes (ABS, RMBS, ABCP, CLNs etc.) and jurisdictions (France, UK, Spain, Belgium, Luxembourg, South Africa etc.).

Yohan then moved to Investec Bank Ltd as a Debt Capital Markets Structurer. His mandate was to set up additional funding platforms for the Private Bank division of the bank as well as its external clients. In 2011, Yohan joined the Debt Capital Markets team of the Transaction Capital Group. He participated to the listing of the Bayport Medium Term Note Programme and set up recurring funding platforms for Transaction Capital’s subsidiary SA Taxi.

In 2017, Yohan joined GCR Ratings as Sector Head of its Structured Finance Ratings department where he manages GCR’s portfolio of Structured Finance transactions across Africa and is responsible for the development of GCR’s rating methodologies.

GCR Ratings

Yohan Assous

GCR Ratings (GCR) is Africa’s leading rating agency, with a rating coverage in excess of 500 ratings in over 20 African countries. Through its network of local offices in South Africa, Nigeria, Kenya and Mauritius, GCR has the largest rating team in Africa, which gives it unmatched on-the-ground presence, as well as easy access to market participants.

GCR traces its origins back to 1996 and has since established itself as the leading rating agency in Africa, accounting for the majority of all ratings accorded on the African continent. GCR is licensed as a rating agency in a number of markets, including Kenya with the Capital Markets Authority, Nigeria with the Securities and Exchange Commission, Zimbabwe with the Reserve Bank of Zimbabwe and Mauritius with the Financial Services Commission. In South Africa, GCR is registered as a Credit Rating Services Provider by the Financial Services Conduct Authority and is recognised as an eligible External Credit Assessment Institution (ECAI) by the South African Reserve Bank.

Gill Raine

Gill Raine

Senior Policy Advisor

ASISA

Gill Raine

Gill Raine

Senior Policy Advisor at ASISA

Gill Raine is a Senior Policy Advisor at the Association of Savings and Investments of South Africa and is responsible for the fixed income standing committee. She has over 30 years of experience in banking and financial markets and has been actively involved in developments in the capital markets over this period including fixed income derivatives, inflation linked debt, securitisations and toll roads.

ASISA

David Towers

David Towers

David Towers

Director at Quadridge Trust Services

Quadridge Trust Services

AK Ismail

AK Ismail

Head of Treasury and Finance

SA Home Loans

AK Ismail

AK Ismail

Head of Treasury and Finance at SA Home Loans

AK Ismail is a qualified chartered accountant and currently head of the finance & treasury departments at the SA Home Loans group. AK’s team is responsible for bringing new RMBS securitisation deals to market, originating structured credit deals and managing and reporting on such deals. In addition, the team manages market risks that the group is exposed to as well as the investment of group cash.

As a former member of the corporate and investment banking team at Standard Bank, AK has over 7 years of experience in structured finance and asset securitisation. Prior to his appointment at Standard Bank, AK spent several years in external audit, specialising in financial services groups across South Africa, The United Kingdom and Ireland.

SA Home Loans

Thato Khaole

Thato Khaole

Thato Khaole

Investment Analyst at Futuregrowth Asset Management

Thato joined Futuregrowth in January 2015. Her responsibilities initially involved valuations, data and risk management support, and unlisted trading. Thereafter, Thato joined the investment team as an investment analyst. Her responsibilities include deal origination, investment analysis, and deal negotiation and structuring in both the listed and unlisted credit market, although her primary focus is on listed issuance. Thato’s deal portfolio has included securitisations and other structured products, and the automotive, retail, municipalities, healthcare and water sectors.

Thato was one of six candidates nominated to participate in Old Mutual’s year-long Investment Analyst Programme, which she successfully completed in 2018. Her most recent speaking engagements regarding securitisation include the Moody’s Sub-Saharan Africa Annual Summit in 2019 and the Milken Institute’s Accelerating Securitisation in Africa webinar in September 2020.

Futuregrowth Asset Management

Hedging against FX volatility: What instruments are available to African corporates, and how can they be implemented?

Wed 25th Nov 2020, 11:15am (Europe/London)

  • What instruments are available (natural or constructed) to hedge against currency depreciation? How accessible are they?
  • How can corporates optimise balance sheet management and improve ALM to include hedging instruments?
  • USD vs. local currency: Is USD the best currency for hedging when it will be linked to LIBOR? How to assess local currency hedging performance with the transition to the new benchmark rate

Moderator

Reggie Mlangeni

Reggie Mlangeni

Head of Client Solutions Group, Global Markets

Absa

Reggie Mlangeni

Reggie Mlangeni

Head of Client Solutions Group, Global Markets at Absa

Reggie Mlangeni is the Managing Principal responsible for Absa’s Client Solutions Group, a subdivision of the Global Markets business. The team he leads is responsible for tailoring bespoke solutions to our corporate as well institutional clients in their risk management and yield enhancement needs respectively. Our product classes range from foreign exchange, interest rate, credit, equity, and commodity derivatives.

Reggie has 15 years Global Markets experience, during which time he has worked in foreign exchange, bonds, and money markets trading. Once he discovered his passion for sales, he pivoted his career towards derivative sales. During this time he has worked for Investec Bank as well as Standard Bank. He holds a Masters in Business Administration from the Gordon Institute of Business Science.

He has a passion for the advancement of the African continent, and believes financial innovation is going to be integral in the realization of this vision. He has worked across most of the sub-Saharan markets primarily Kenya, Nigeria, Uganda, Tanzania, Mozambique and Botswana. While residing in Nairobi he was responsible for the advancement of financial innovation in foreign exchange and credit derivatives offering for Standard Bank across their East African jurisdictions.

He is a keen golfer, although his handicap doesn’t reflect the extent of the interest.

Absa

Reggie Mlangeni

Absa Group Limited (‘Absa Group’) is listed on the Johannesburg Stock Exchange and is the parent company of one of Africa’s largest diversified financial services groups.

Absa Group, through its worldwide affiliates and subsidiaries (collectively referred to as “The Group”), offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.

The Group has a presence in 12 countries in Africa, with approximately 42 000 employees.

The Group’s registered head office is in Johannesburg, South Africa, and it owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa (Absa Bank Limited), Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia. The Group also has representative offices in Namibia, Nigeria, London and New York as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.

For further information about Absa Group Limited, please visit: www.absa.africa

LinkedIn Page: https://www.linkedin.com/compa...

Speakers

Dirkje Bouma

Dirkje Bouma

Dirkje Bouma

Group Treasurer at Growthpoint Properties

Dirkje Bouma finished her undergraduate studies in Business Economics in the Netherlands in 1994 and graduated in September 1995 with a Master of Science degree in Finance at Strathclyde University in Glasgow (the United Kingdom). In 2003 she earned the right to use the Chartered Financial Analyst (CFA) designation.

Dirkje was part of the founding team of Infrastructure Finance Corporation Limited (“INCA”). From 2004, Dirkje was an Executive Director of INCA, being responsible for Treasury, with a liability and hedge book in excess of R6,0 billion. In March 2012, she joined Growthpoint Properties Limited and is now the Group Treasurer. She is responsible for the R43 billion (USD2,5 billion) debt portfolio (funding negotiations, management of bond issues and interaction with rating agencies) and the cash flow in the business. She and her team also monitor and manage the financial risks of Growthpoint (financing and liquidity risk, interest rate risk, currency risk and counter-party risk), this includes a swap portfolio to the tune of R42 billion (USD2,5 billion) and currency hedges for the flow of dividends from Growthpoint’s investments in Australia and Europe.

In 2018, Dirkje was instrumental in the placement of Growthpoint’s inaugural Green Bond, which was the first corporate green bond to be listed on the JSE. She was also responsible for Growthpoint’s debut Eurobond issue, the first of such issuance by a South African REIT. Dirkje is a non-executive director of Growthpoint Healthcare Management Company as well as Workshop 17 which operates a network of co-working spaces

Growthpoint Properties

Dirkje Bouma
Prince Essilfie

Prince Essilfie

Senior Vice President, Treasury Client Solutions

Africa Finance Corporation

Prince Essilfie

Prince Essilfie

Senior Vice President, Treasury Client Solutions at Africa Finance Corporation

Prince Essilfie is the head of Treasury Client Solutions at Africa Finance Corporation. In this role, he provides hedging solutions to African projects/AFC clients, manage market risk on AFC’s balance sheet as well as provides structured funding solutions to African banks and central banks. Prior to AFC, Prince traded Corporate Bonds at UBS, Interest Rate Derivatives at TransMarket and African fixed income and currencies at Morgan Stanley.

Africa Finance Corporation

Prince Essilfie

AFC, an investment grade multilateral finance institution, was established in 2007 with an equity capital base of US$1.1 billion, to be the catalyst for private sector-led infrastructure investment across Africa. With a current balance sheet of approximately US$6.1 billion, AFC is the second highest investment grade rated multilateral financial institution in Africa with an A3/P2 (Stable outlook) rating from Moody’s Investors Service. AFC successfully raised US$1,150 billion (US$650 million and US$500 million) in 2019, US$500 million in 2017 and US$750 million in 2015 through Eurobond issuances; out of its Board-approved US$5 Billion Global Medium-Term Note (MTN) Programme. All Eurobond issues were oversubscribed and attracted investors from Asia, Europe and the USA.

AFC’s investment approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth. AFC invests in high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. To date, the Corporation has invested over US$7.2billion in projects within 32 countries across Africa.

Olamide Edun

Olamide Edun

Olamide Edun

Director at Lion's Head Global Partners

Lion's Head Global Partners

Close of conference

Wed 25th Nov 2020, 12:00pm (Europe/London)

Strategic Partner

National Treasury, Republic of South Africa

Platinum Sponsors

Absa Africa Finance Corporation Standard Bank

Gold Sponsors

African Export-Import Bank (Afrexim) MUFG SMBC

WAEMU Sponsor

Agence UMOA-Titres

Silver Sponsors

Development Bank of Southern Africa Emirates NBD Rand Merchant Bank (RMB)

Bronze Sponsors

African Trade Insurance Agency Fitch Ratings GCR Ratings KFW DEG