The 4th AEAFS

The Fourth Annual East Africa Finance Summit was successfully completed!

The summit was held for the fourth time, on December 4 and 5, 2019, at the United Nation ECA Conference Center in Addis Ababa, Ethiopia with the motto of “…examining policies and practices…” and under Theme- 2019 “Financing Home-Grown Economic Reform”.

This annual summit was co-organized through the public-private partnership of the i-Capital Africa Institute, FDRE Public Enterprises Holdings and Administration Agency (PEHAA) and Jimma University and in Strategic Partnership with Association of Certified Chartered Accountants (ACCA).

Dr Eyob Tekalign, State Minister of Ministry of Finance, delivered the Opening Remark at the 4th Annual East Africa Finance Summit.
The state minister, noted, "a three-year Home-grown Economic Reform agenda has been launched to sustain the nation’s rapid growth and attain a ‘middle-income’ status economy", and this agenda serves as a blueprint for the immediate reform measures that must be taken to address new growth opportunities.


With regards to the finance sector, he underlined the need to bring the sector up to par. "In the next three years, the government will focus on strengthening the regulatory environment and putting in place a domestic system that is able to compete on international standards.” He stressed that the financial sector reform will be at the backbone of the economic reform agenda and to meet the country’s aspirations.

Having outlined the existing capacity and regulatory drawbacks and the steps to be taken to rectify them, the state minister distinguished strides made. Furthermore, he stated the sector should also work to backstop the national development aspirations fully which primarily entails improving access to finance.

In closing, he remarked on the government’s keenness to work with all actors to deliver on shared development aspirations for a prosperous and inclusive Ethiopia and acknowledged the summit for facilitating the engagement. Find the full speech HERE.

The summit had five major sub-themes  i.e.,

  • Policies, Regulations and Governance for a Dynamic Finance Sector,
  • Opportunities and Challenges of WTO accession and AfCFTA Membership,
  • Capital Market Ecosystem for Ethiopia,
  • Digitization, Inclusion and Access to Finance/Insurance, and 
  • The role of the finance sector in the success of the Home-grown Economic Reform.

Under the major sub-themes, a total of 12 paper presentations ( For more about the presentations at the summit; the PowerPoint Presentation of the speakers is available at https://t.co/Nj9M36HI46?amp=1) and 6-panel discussions were held.

The i-Capital Africa Institute has designed this platform for knowledge sharing and critical voices to be annually organized, to facilitate and support the continuous development of the finance sector in the region. By providing a common platform for critical voices, key players and stakeholders of the sector to network, address issues and set out strategies for the future success of the sector.