TICAD VI Forum for African Financial Inclusion～

Sharing COMESA Policy Recommendations for the Enhancement of Regulatory and Supervisory FrameworkOrganizers: Alliance Forum Foundation, COMESASponsor: African Development Bank, Fund for African Private Sector Assistance

Venue: Nairobi city, Crowne Plaza Nairobi

Date: 26th (Fri) August 2016, 14:00 – 16:00

1.

～

Background
African countries including COMESA members have recorded impressive GDP growth in the last
decade averaging 4.8%. However, poverty ratio continued to rise over the same period. This
discrepancy of economic growth and poverty reduction necessitates the increasing need for more
inclusive growth.
On this behalf, COMESA, Alliance Forum Foundation, and African Development Bank organized
two regional workshops to promote financial inclusion through enhanced regulatory andsupervisory framework. In these meetings, Microfinance regulators and practitioners identified
challenges in the sector and the solutions, which was transformed into the policy recommendation.
TICAD VI1 Forum for African Financial Inclusion will be a blessed opportunity to share thepolicy recommendations published as “Guide on Regulation & Supervision Framework forFinancial Inclusion”, and resolve common direction forward.

2.

Main issues to be covered
The forum focuses on the creation of financial system to pull low income population into thesustainable middle class. A sound and just financial system can empower the poor providing
economic opportunities, access to skills and market. Well-designed regulatory and supervisory
framework can expand access, reliability, soundness of the financial services for striving low
income class.

3.

Objective of the Forumi.

To officially propose and discuss the policy recommendations for regulatory and supervisory
framework developed through COMESA Financial Inclusion workshops (2014 Lusaka and2016 Nairobi)ii.

To demonstrate the shared initiative between COMESA countries and Japan by presenting
the deliverables of COMESA Financial Inclusion workshopsiii.

To promote Financial Inclusion in other African countries by sharing a model regulatory and

The Tokyo International Conference of African Development (TICAD) was launched in 1993 by the Government of Japan, topromote Africa’s development, peace and security, through the strengthening of relations in multilateral cooperation andpartnership, particularly with the country.
The Sixth Tokyo International Conference on African Development (TICAD-VI) will be held from 27 to 28 August 2016 in Nairobi,Kenya.（Source : UN Office of Special Advisor on Africa）
1supervisory framework for COMESA regioniv.

To review philosophy of the Public Interest Capitalism to create thick layer of middle classfor all the COMESA nations.

4.

Audience:

Representative each from COMESA member state, Representatives from non-COMESA Africancountries, Professionals from International organizations and Inclusive Finance sector
5.

AgendaTimeTitle

Presented by

14:00 – 14:10

Opening Remarks

African Development BankMr. Akinwumi Ayodeji Adesina, Governor2

14:10 – 14:20

Welcome Remarks

COMESA
Mr. Sindiso Ngwenya, Secretary General3

14:20 – 14:40

Keynote speechCentral Bank of Kenya (CBK)Dr. Patrick Ngugi Njoroge,Governor4

14:40 – 15:00

Presentation of policy recommendation

Workshop facilitator
Mr. Kimanthi Mutua, Founder, K-REP Group

15:00 – 15:15

Model case: COMESA member states

Central Bank Rwanda
Mr. Gerald Nsabimana, Microfinance Supervision

15:15 – 15:45

Panel Discussion“Policy, Regulation, and Supervision for Financial Inclusion”【Panelists】

Ms. Jane Ciuciamia, Supervision team, CBK
Mr. David Baguma, CEO, AMFI-Uganda
Mr. George Hara, Alliance Forum Foundation

15:45 – 15:55

Questions and Answers

15:55 – 16:05

Closing Remarks

Alliance Forum Foundation
Mr. George Hara, Chairman of the board
Special Adviser to the Cabinet Office, PM.of Japan

6.

Registration, administrative arrangements
Participation of the forum is free for all registered guests.
For registration, please fill in your information in the following web page before 2016/08/22.
Kindly note that the application will be closed as soon as the number of participants reaches 60.
https://docs.google.com/forms/d/e/1FAIpQLSdyA3ezHoGZ0tXWFf14piLbC2iYO0lcgmiHvgzIWU
WV35J6mA/viewform

To be confirmed, invitation dispatched. Possibility for acting representative remains. The order of speakers is subject to change.
Likewise
4 Likewise23

Registered guests will be provided with the following services without any charges. .
1.

Networking lunch (Buffet style lunch provided to all forum participants between 12:40 -13:50)

2.

High tea (after the Forum)3.

A published copy of “ Guideline for Regulatory and Supervisory Framework to Enhance
Financial Inclusion in COMESA Region ”

Any inquiries regarding the forum, contact shall be made to the following personnel.
Junko Murakami,
Head of Executive Office, TICAD VI Forum for African Financial Inclusion,
Alliance Forum Foundation
Email; j-murakami@allianceforum.org
Skype; junko_murakami74
Tel; +81362252791