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Virtual Executive Roundtable

   Friday, 27 August 2021 | 13.30 pm - 14.30 pm SAST  

INTRA-AFRICA TRADE AND SUPPLY CHAINS

Joining the Pieces of the Jigsaw Puzzle

About This Virtual Executive Roundtable

Trade and supply volume is projected to grow into 2028 far beyond previously known levels, but are banks ready for tomorrow? 

 

Respondents to a Finastra survey in Africa said that 85% of banks had developed their trade finance systems in-house. Banks simply haven’t been able to invest in sophisticated digital trading platforms in the past. However, to break past the plateau of manual processes and disjointed systems, banks must find a way to ease cost pressures and grow their trade finance businesses sustainably as trade volumes look set to increase. 

 

To support businesses after the African Continental Free Trade Agreement (AfCFTA), banks need a new approach to total working capital finance. The answer must come from standardised, best-practice working capital. Trade and supply chain finance will talk to standard APIs, removing the complexity and cost of connecting to multi-bank platforms and other marketplaces. Total working capital finance will enable banks to pivot to new products quickly, adapting their offering and creating a richer marketplace for trade finance.

 

Ultimately for banks in Africa; total working capital finance offers the opportunity to go beyond and win market share. 

In this exclusive virtual roundtable discussion, we invite Banks to join Finastra and Connect Global Group to explore the current and future state of Trade in Africa. 

Key Takeaways

Roundtable guests will delve into where Trade and Supply Chain finance is going in a post-covid world, by addressing:

  • How financial institutions are dealing with the fast evolution of Trade?

  • When and where to start the Trade Digitilization journey?

  • What the roadmap is to leverage automation?

  • How to better leverage ecosystems?

Meeting Agenda

13:30 pm SAST
Welcome & Introductions

Connect Global Group

13:33 pm SAST
Opening Remarks: The Current Trends & Trade Landscape in Africa

Carlos Teixeira, Senior Principal, Global Solutions Consulting | Finastra

13:43 pm SAST 
Open Discussion

Live discussion and interaction between participants and panelists.

14:25 pm SAST 
Closing Remarks

Connect Global Group

 
 

Roundtable Speakers

Kevin Holmes

Head of Trade , Product Management, Transactional Products and Services

STANDARD BANK

Roundtable Moderation By

Phil Boyall

Head: Corporate Banking & Payments Sales, Sub Saharan Africa

FINASTRA

Carlos Teixeira

Senior Principal, Global Solutions Consulting

FINASTRA

Panel Attendees include Regional Heads from