Casablanca Confirms Its Financial Leadership in Africa by Hosting the Fifth Edition of the African Financial Summit (AFIS)
Casablanca reaffirms its status as the financial capital of Africa by hosting, on Monday, November 3, the opening ceremony of the fifth edition of the African Financial Summit (AFIS), organized by the Jeune Afrique Media Group in partnership with the International Finance Corporation (IFC), and supported by leading Moroccan and African financial institutions.
This edition is held under the slogan “Our Capital, Our Strength: Towards Liberating Africa’s Financial Sovereignty,” with over 1,250 prominent figures from the continent’s financial system, including bankers, investors, insurance experts, representatives of fintech companies, as well as officials and regulatory bodies from various African countries participating.
An African Platform for Strategic Thinking
The summit has transformed into a laboratory of ideas and a high-level dialogue platform, where this year’s session focuses on six key themes that redefine the African financial landscape: global economic challenges and financial stability, commercial banking prospects, capital markets and asset management, sustainable finance, growth in the insurance sector, and fintech and digital finance.
These meetings aim to shape practical solutions to enhance the resilience and integration of African financial markets in light of the economic and technological transformations taking place worldwide.
A Vision for Integration and Financial Sovereignty
In her opening address, Minister of Economy and Finance Nadia Fettah praised the organization of this prominent event which reflects Morocco’s central role as a regional financial hub and a bridge to sub-Saharan Africa. Several African central bank governors and banking and insurance executives emphasized the need to build a more inclusive, independent, and integrated financial sector to strengthen the financial sovereignty of the continent.
Honoring African Leadership
As usual, the summit will conclude with the “AFIS Awards” ceremony, which honors institutions and individuals that have contributed to transforming the African financial landscape.
The summit, which is considered the sister initiative of the Africa CEO Forum, firmly believes that sustainable economic development cannot be achieved without a strong, innovative, and inclusive financial system. It aims to accelerate the integration of African markets through the unification of efforts from the public and private sectors — including banks, insurance companies, and digital financial service providers — around a common vision: an Africa that is financially independent and in control of its economic future.
