Impact of pan-African banks on financial development in sub-Saharan Africa

When: April 15, 2021
Where: London, Abidjan,
Add to Calendar 04/15/2021 01:00 pm 04/15/2021 02:00 pm Impact of pan-African banks on financial development in sub-Saharan Africa

Across sub-Saharan Africa there has been a rapid rise of pan-African banks (PABs). These bank subsidiaries headquartered in African countries have expanded their activities across the continent following the retrenchment of traditional European and US …

Across sub-Saharan Africa there has been a rapid rise of pan-African banks (PABs). These bank subsidiaries headquartered in African countries have expanded their activities across the continent following the retrenchment of traditional European and US banking groups after the global financial crisis. Today, major PABs have a more significant footprint in sub-Saharan Africa than banks from outside the region. These banks are becoming increasingly economically and systemically important in their host economies, indicating how they could be fundamental to Africa’s future financial landscape.

This webinar, the second in a two-part series, focused on research exploring PABs’ impact on financial inclusion, deepening and stability on the continent. The event consisted of a short presentation which highlighted key findings on PABs role in financial development with insights on policy for the future. An interactive Q&A session gave the researchers a chance to respond to questions directly from a highly engaged audience. 

Watch the event on the MFW4A website

This event was hosted by Making Finance Work for Africa (MFW4A) with ODI to launch the new Development and Economic Growth Research Programme (DEGRP) synthesis report Impact of pan-African banks on financial development in sub-Saharan AfricaDEGRP funds world-class scientific research on inclusive economic growth in low-income countries (LICs) and is supported by the UK Foreign, Commonwealth & Development Office and UK Economic and Social Research Council.

 

Speakers

  • Sherillyn Raga – Senior Research Officer in ODI’s International Economic Development Group
  • Judith Tyson – Research Fellow in ODI’s International Economic Development Group, Evidence and Policy Group (EPG) Finance lead
  • Muazu Ibrahim (Moderator) – Research Officer, MFW4A
  • Serge Mian CFA and Head of Investments and Investor Relations, Orabank