5TH AICIF: Infrastructure Financing, Sustainability and The Future of African Market 2.0
With Africa facing an infrastructure financing gap of $360bn, the role of alternative finance also known as Islamic Finance or noninterest Finance in mobilizing financing for sustainable infrastructure cannot be overemphasized.
In order to improve inclusive economic growth in Africa and more particularly Nigeria, the African International Conference on Islamic Finance recently hosted its 5th edition, discussing the theme "Infrastructure Financing, Sustainability and the Future of African Markets 2.0".
The two-day conference brought together key stakeholders, industry leaders, bankers, investors, potential users, royal fathers, heads of key institutions, experts, and policymakers both in Africa and across the globe.
It featured opening remarks from Mrs. Ummahani Ahmad Amin the Chairperson of the conference, keynote speeches from His Royal Highness Muhammad Sanusi II, former Governor of Central Bank of Nigeria, Dr. Mansur Muhtar, Vice President, Country Operations for the Islamic Development Bank, and special remarks from Mrs. Zainab Ahmed.
Key regulators like the Securities and Exchange Commission and the National Pension Commission were well represented, while leaders in the Islamic Finance market also attended the event.
The conference featured enlightening panel sessions covering key topics that capture the trends and developments in the Islamic Finance market as it affects Nigeria and Africa.