17th September 2019
Villa Rosa Kempinski, Nairobi

Agenda

5th September 2019

08:00
Registration and coffee
09:10
Chairman’s opening remarks
Speakers
09:20
Presentation: Understanding Kenya’s monetary policy and capital market development
  • Interest rate cap: the original decision, where we are today and desired outcome for the future?
  • Innovation in the capital markets: what will follow the mobile bond – green bonds, sukuk?
  • Strategy in the international and local capital markets – where, how and when can the market expect Kenya to issue?
Speakers
09:40
Outlook 2019/2020: Assessing macro-economic factors impacting East Africa and evaluating Sovereign plans
  • Economy, policy, governance: What are the leadership visions for the East African states?
  • Political transitions, macroeconomic factors and commodity prices: Evaluating the impact on the economy and policy making
  • Analysing the drivers for success, growth trajectory and outlining expectations for Ethiopia, Tanzania, Uganda and Rwanda in 2019/20
Moderator
Speakers
10:20
What are the funding requirements of SMEs and where can funding be sourced?
  • Assessing the role and rise of non-traditional lenders – who are they, who are they looking to lend and where do SMEs fit?
  • Are private equity firms challenging conventional debt capital market providers in funding SME growth?
  • Which banks are able and willing to lend to SMEs and under what criteria will they lend?
  • Do SMEs need to look at formalising and improving governance practices to secure the funding they require?
Moderator
Speakers
11:00
Coffee and networking
11:30
The benefits of achieving regulatory harmonisation and good governance and its impact on developing the local capital markets
  • What benefits does (regulatory/policy/economic) harmonisation bring? What are the main challenges to this?
  • How are regulators in the region looking to bring about regulatory alignment and in which sectors – trade, listing, pension reform, currency etc.?
  • If regulators were to champion ease of listing as well as cross listing, what would be the subsequent impact on local capital markets?
  • Understanding the importance of ratings: from sovereign ratings to corporate ratings, local rating vs international
  • As Sovereigns continue to dominate issuance how can better harmonisation foster an environment for greater issuance from corporates and financial institutions?
Moderator
Speakers
12:10
Demystifying risk: What do financiers and investors need to understand to make them comfortable funding long term projects in the power and infrastructure sector?
  • Is it easier for corporates to source long-term funding for large-scale projects on their own balance sheet rather than the project’s?
  • What role can PPPs play in energy and infrastructure projects? What are the main barriers to PPPs?
  • Assessing the role of DFIs: crowding out commercial banks or valued partner? What are their investment criteria and what is their appetite for projects in East Africa?
  • How do ECAs make projects bankable? What are their criteria for selecting projects and what is their approval process?
Moderator
Speakers
13:00
FinTech/alternative lenders: A partner or a challenger to conventional banking?
  • How can FinTechs supplement traditional sources of credit financing?
  • What are the major developments in mobile banking?
  • What do alternative financiers offer that private banks do not?
  • Can mobile money platforms such as M-PESA be adapted for the corporate sector?
Moderator
Speakers
13:40
Networking Lunch
14:40
How are East Africa’s leading corporates financing CAPEX and commercial growth?
  • How much capital do corporates require to meet their funding needs?
  • External funding vs. cash flows: How and where are corporates sourcing funding?
  • What role does private credit play in funding strategies?
  • Traditional lenders vs non-traditional lenders: What are the key differences in funding options available
  • Managing FX and interest rate risk: What hedging tools are available to businesses?
Moderator
Speakers
15:20
Going green: Assessing the capacity of green bonds and loans to attract fresh pools of liquidity to East Africa’s capital markets
  • Green vs. conventional: What additional benefits do green bonds and loans offer over conventional forms of financing?
  • How can the benefits of green bonds and loans be qualified and quantified to potential investors and issuers?
  • How do ESG concerns influence the funding strategies of East Africa issuers and borrowers?
  • What are the regulatory requirements for issuing green instruments? How is the regulatory environment adapting to facilitate issuance?
  • Post-issuance: Ongoing report and demonstrating effective use of proceeds
Moderator
Speakers
16:00
Chairman’s closing remarks followed by networking reception

17th September 2019

07:30
BY INVITATION ONLY: East African Investor Breakfast Roundtable: Energy & Infrastructure
    • How can institutional investors form consortiums in order to finance infrastructure and energy projects?
    • What opportunities does the growth of private equity in East Africa offer?
    • Can DFIs work with local pension funds to attract long-term investment to fund projects?
    • Which assets under what criteria do (risk averse) institutional investors need understand in order to invest?
    • Do regulatory and legal stipulations encourage or deter local pension funds to invest in long-term projects?
Speakers