Africa Chapter Factoring Workshop – Africa Chapter Annual General Meeting

Where: Online – Webex

When: 3rd December, 2020

Factoring continues to grow successfully in both mature and emerging markets.

Through their control methods and permanent monitoring of Receivables due from their clients’ debtors, factoring companies or factoring divisions of banks are able to provide more financing than traditional lenders, and at the same time limit their credit risks to a strict minimum.

Factoring therefore plays an important role in financing economic activities, even during financial crises.

Generally, it is small and medium-sized companies that benefit most from this financial instrument, however larger companies also use factoring for flexible growth, finance or for restructuring purposes.

Conference Highlights

The aim of the workshop is to allow senior executives of African banks, government officials, regulators and entrepreneurs interested in factoring to learn about it, its benefits and growth opportunities. The idea is to bring support and additional focus on cross border open account trade and supply chain finance services to the region

After the workshop, the members of the FCI Africa Chapter are invited to attend the 10th Africa Chapter Annual General Meeting.

• Opening Remarks from the Chairperson of the Africa Chapter – Mrs. Kanayo Awani, Managing Director, Intra-African Trade Initiative, Afreximbank
• Annual General Meeting
• Review and Adoption of the Agenda
• Review and Adoption of the minutes of the 9th Annual Meeting of the Africa Chapter held in Ho Chi Minh City, Vietnam (June 2019)
• Matters Arising from the 9th Annual Meeting of the Africa Chapter
• Annual Report of Africa Chapter Committee to Members:
• Proposed Africa Chapter 2020/2021 Activities Plan Z Status update – FCI Africa Regional Manager
• Conclusion
• Q & A Session
• Any other business
• Closing Remarks

Who should attend?

The workshop targets senior executives from African and beyond, and particularly leaders of:

• Factoring companies,
• Banks,
• Financial institutions,
• Regulators and law makers,
• Government agencies,
• International organizations ,
• SMEs,
• Companies offering their services to factoring companies (lawyers, insurers, IT providers),
• Consulting firms,
• Exporters and other companies interested in factoring

Photos & Gallery