The East Africa Summit

Thursday, June 27, 2019

June 2019

Conference

The East Africa Summit

thursday, November 08, 2018
london

About this Summit

 The event brings together Kenya’s key capital market participants to discuss the main credit drivers, political risks and the latest and most impactful regional affairs.

Get a fresh perspective on East African Credit

Local - Get the latest Sovereign and Sector credit insights.

Regional - Compare and contrast outlooks with key markets.

Global - Discover how emerging global trends will impact the market.

Why attend?

This event is part of the Emerging Markets Program that brings together over 2500 credit analysts and key market participants to discuss the main credit drivers, geopolitical risks and the latest and most impactful regional trends.

Discover new insights on the credit markets

Meet senior Moody's Analysts and market experts

Network with key banking sector market participants.

Agenda

08.00          Registration & Refreshments

08.30          Welcome Address

Sylvia Chahonyo, General Manager, Africa, Moody’s

08.40          Emerging Market Landscape

Sean Marion, Managing Director, Financial Institutions Group,  Moody’s

09.10          Keynote Address

Dr Patrick Njoroge, Governor, Central Bank of Kenya

09.30          Fireside Chat: Fiscal consolidation challenges 

  • Infrastructure gap, erosion in revenue intake and social pressures complicate fiscal consolidation
  • Liquidity vulnerabilities persist
  • Diverse economic base and deep domestic capital markets support growth outlook

Matt Robinson, Associate Managing Director, Sovereign Risk  Group, Moody’s

Lucie Villa, Vice President – Senior Credit Officer, Sovereign  Risk Group, Moody’s

10.10 Refreshment break

10.40          Banking system remains resilient

  • Kenyan operating conditions are gradually improving
  • Large banks maintain robust profitability metrics and a deposit-funded profile
  • Asset quality risks remain

Moderator:  Sean Marion, Managing Director, Financial Institutions Group, Moody’s

Patrick Nyaga, CFO, Co-op Bank

Christos Theofilou, Vice President – Senior Analyst, Financial  Institutions Group EMEA, Moody’s

11.20          Kenyan corporates post-election prospects

  • Continued economic growth and business friendly policies will buoy earnings
  • Gearing for growth will result in a return to expansionary capital expenditure

Doug Rowlings, Vice President – Senior Analyst, Corporate  Finance Group, Moody’s

12.00 Lunch

13.00          A tour of East Africa Community: 

Peer comparison of the  region’s credit profiles

Lucie Villa, Vice President – Senior Credit Officer, Sovereign  Risk Group, Moody’s

Daniela Re Fraschini, Assistant Vice President – Analyst,  Sovereign Risk Group, Moody’s

13.40          Financing Trade, Infrastructure and Development in Africa:  

Multilateral Development Banks as catalysts for private sector engagement

  • Recent developments and innovations aimed at maximising capital use by Africa’s multilateral development banks (MDBs)
  • Innovation in infrastructure project financing for development and Moody’s approach to assessing recent structures with MDB credit enhancement
  • MDBs experience in tapping international markets and facilitating project funding

Moderator: Matt  Robinson, Associate Managing Director, Sovereign Risk Group, Moody’s

Benjamin Mugisha, Senior Underwriter, ATI

Chris Bredholt, Vice President – Senior Credit Officer,  Project and Infrastructure Finance, Moody’s

14.30          Chairman’s summary

14.45          End of the conference

Moody's Speakers

Further information

Any questions please contact

jasmine.endres@moodys.com