The Sub-Saharan Africa Summit
Wednesday, September 30, 2020
September
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AgendaWhy Attend?Speakers

Look into South Africa's Credit Landscape

Moody's Investors Service is pleased to announce the Inside Africa Summit to discuss South Africa's  prospects and challenges with over 250 senior investors, issuers and credit experts. Register for an interactive day to gain new insights into the region's fiscal challenges, growth and credit risks. 

BENCHMARK – Review sovereign strengths and challenges compared to peers in the region

ANALYSE – Investment prospects as confidence improves and politics stabilize

UPDATE – Discover banking system and corporate sectors’ resilience and challenges

DEEP DIVE – Discuss credit linkages between the sovereign and state owned entities

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, political risks and the latest and most impactful regional trends.

<div class="credit-themes-container dynamic"><div class="w-container"><div class="custom-fa-wrapper"><div class="custom-item-holder"><div class="custom-icon-fa"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Local</h1><p class="custom-item-para alt white">Get the latest Sovereign and Sector credit insights.</p></div></div><div class="custom-item-holder"><div class="custom-icon-fa"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Regional</h1><p class="custom-item-para alt white">Compare and contrast outlooks with key markets.</p></div></div><div class="custom-item-holder"><div class="custom-icon-fa"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Global</h1><p class="custom-item-para alt white">Discover how emerging global trends will impact the market.</p></div></div></div></div></div>

Agenda

08.00 Registration & Refreshments

08.30 Welcome Address

Sean Marion, Managing Director, Financial Institutions

08.40 Big Picture Presentation

Emerging market growth prospects as the global credit cycle turns

Divergent performance among emerging markets

Near term risks:

  • Deceleration of growth in some emerging markets
  • Geopolitical risks
  • Capital outflows

Changing drives of success:

  • Technology
  • Demographics

Antonello Aquino, Associate Managing Director, Financial Institutions

09.00 Sovereign Session

Growth and fiscal outlook: what policy space?

  • Moody’s growth outlook: reform objectives and socio-political constraints
  • Medium-term fiscal path: scope for strengthening revenue, fiscal costs of support to state-owned enterprises

Led by Marie Diron, Managing Director, Sovereign

Lucie Villa, Vice President – Senior Credit Officer, Sovereign

Joanna Fic, Senior Vice President, Infrastructure Finance

09.50 Banking panel

Key drivers behind the latest Banking System Outlook

  • Is the macroeconomic backdrop supportive of banking system growth?
  • Digitisation and the implications for banks’ credit profiles
  • What does the bank resolution regime mean for the banking system?
  • Operations in the rest of Africa: risks and opportunities

Led by Akin Majekodunmi, Vice President – Senior Credit Officer, Financial Institutions

Frederik Kleinhans, Head of Capital Management, FirstRand Bank

10.30 Refreshment break

11.00 Corporate panel

Liquidity risk assessment of South African corporates

  • An assessment of liquidity risk across Moody’s rated corporates
  • A deeper dive into the liquidity of local Real Estate Investment Trusts and the mining companies

Led by Mario Santangelo, Associate Managing Director, Corporate Finance

Rehan Akbar, Vice President – Senior Credit Officer, Corporate Finance

Dion Bate, Vice President – Senior Analyst, Corporate Finance

Lahlou Meksaoui, Associate Vice President, Corporate Finance

11.45 Panel Discussion

Financing South Africa’s sustainable infrastructure needs

  • Evolving role of municipalities in the provision of infrastructure and response to urbanisation and climate risks
  • State owned enterprises: infrastructure financing requirements and challenges
  • Assessing the opportunities for private sector participation and blended finance approaches

Led by Chris Bredholt, Vice-President – Senior Credit Officer, Infrastructure Finance

Joanna Fic, Senior Vice President, Infrastructure Finance

Daniel Mazibuko, Lead Analyst, Sub-Sovereign

Tshepo Ntsimane, Head: Metros, Intermediate Cites & Water Boards, DBSA

Vuyo Hlompho Ntoi, Investment Director - Co-Portfolio Manager of IDEAS Fund, African Infrastructure Investment Managers

12.30 Lunch

13.30 Keynote Session  

Led by Marie Diron, Managing Director, Sovereign

Kuseni Dlamini, Chairman, Massmart and Aspen Pharmacare

Agenda

08.00 Registration & Refreshments

08.30 Welcome Address

Sean Marion, Managing Director, Financial Institutions

08.40 Big Picture Presentation

Emerging market growth prospects as the global credit cycle turns

Divergent performance among emerging markets

Near term risks:

Changing drives of success:

Antonello Aquino, Associate Managing Director, Financial Institutions

09.00 Sovereign Session

Growth and fiscal outlook: what policy space?

Led by Marie Diron, Managing Director, Sovereign

Lucie Villa, Vice President – Senior Credit Officer, Sovereign

Joanna Fic, Senior Vice President, Infrastructure Finance

09.50 Banking panel

Key drivers behind the latest Banking System Outlook

Led by Akin Majekodunmi, Vice President – Senior Credit Officer, Financial Institutions

Frederik Kleinhans, Head of Capital Management, FirstRand Bank

10.30 Refreshment break

11.00 Corporate panel

Liquidity risk assessment of South African corporates

Led by Mario Santangelo, Associate Managing Director, Corporate Finance

Rehan Akbar, Vice President – Senior Credit Officer, Corporate Finance

Dion Bate, Vice President – Senior Analyst, Corporate Finance

Lahlou Meksaoui, Associate Vice President, Corporate Finance

11.45 Panel Discussion

Financing South Africa’s sustainable infrastructure needs

Led by Chris Bredholt, Vice-President – Senior Credit Officer, Infrastructure Finance

Joanna Fic, Senior Vice President, Infrastructure Finance

Daniel Mazibuko, Lead Analyst, Sub-Sovereign

Tshepo Ntsimane, Head: Metros, Intermediate Cites & Water Boards, DBSA

Vuyo Hlompho Ntoi, Investment Director - Co-Portfolio Manager of IDEAS Fund, African Infrastructure Investment Managers

12.30 Lunch

13.30 Keynote Session  

Led by Marie Diron, Managing Director, Sovereign

Kuseni Dlamini, Chairman, Massmart and Aspen Pharmacare

<div class="n-agenda-section-custom"><div class="n-agenda-anchor" id="agenda-top"></div><div class="n-agenda-b-day-container" id="tabtop"><div class="n-h2-custom">Breakout Sessions</div><div class="n-agenda-b-tabs-2-col w-tabs" data-duration-out="200" data-duration-in="500"><div class="n-agenda-b-tabs-menu w-tab-menu"><a class="tablink w-inline-block w-tab-link w--current" data-w-tab="Tab 1"></a></div><div class="n-agenda-b-tabs-content-2-col w-tab-content"><div class="w-tab-pane w--tab-active" data-w-tab="Tab 1"><div class="n-agenda-content-wrapper-custom"><div class="n-agenda-item-block"><div class="n-agenda-b-time-column"><h5 class="n-agenda-b-time"><strong>08.00</strong></h5></div><div class="n-agenda-one-row-wrapper-2"><div class="n-rtb-agenda-main w-richtext"><p>Pre-Conference interactive Workshops – 50 min </p><h2>Covenants: <strong>Asian high-yield bond covenants</strong></h2><p><em>Jake Avayou, Vice President - Senior Covenant Officer, Corporate Finance</em></p><h2></h2><h2>Rating Committee Simulation </h2><p><em>Led by Moody’s representatives </em></p></div></div></div></div><div class="n-agenda-content-wrapper-custom-2-col"><div class="n-agenda-b-stream-content-holder"><div class="n-agenda-b-time-column"><h2 class="n-agenda-b-time">14.30 – 15.30</h2></div><div class="agenda-b-2col-wrapper"><div class="n-agenda-2-col"><div class="n-rtb-stream-purple w-richtext"><h1>Insurance</h1><h4>Insurance: Moody’s views on IFRS 17, ESG and South Africa</h4><ul><li>What will be the impact of IFRS 17 on our credit view?</li><li>Environmental, Social, and Governance risks increasingly affecting insurers’ credit profiles</li><li>Latest developments in the South African insurance market</li></ul><p><strong><em>Antonello Aquino</em></strong><em>, Associate Managing Director, Financial Institutions</em></p></div></div><div class="n-agenda-2-col"><div class="n-rtb-stream-blu w-richtext"><h1><strong>Structured Finance</strong></h1><h4>Securitisation, a funding tool for South African lenders</h4><ul><li>Recent developments and performance</li><li>The future of securitization</li><li>Opportunities and challenges ahead</li></ul><p><em>Led by </em><strong><em>Antonio Tena</em></strong><em>, Vice President - Senior Analyst, Structured Finance</em></p><p></p><p><strong><em>AK Ismail</em></strong><em>, Head: Finance and Treasury, SA Home Loans</em></p><p><strong><em>Thato Khaole</em></strong><em>, Investment Analyst, Futuregrowth</em></p><p><strong><em>Cameron Gough</em></strong><em>, Structured Finance Manager, FirstRand Bank</em></p></div></div></div></div></div><div class="n-agenda-content-wrapper"><div class="n-agenda-item-block"><div class="n-agenda-b-time-column"><h2 class="n-agenda-b-time">15.30 </h2></div><div class="n-agenda-one-row-wrapper-2"><div class="n-rtb-agenda-main w-richtext"><h2>Chairman’s summary </h2></div></div></div></div><div class="n-agenda-content-wrapper"><div class="n-agenda-item-block"><div class="n-agenda-b-time-column"><h2 class="n-agenda-b-time">15.45 </h2></div><div class="n-agenda-one-row-wrapper-2"><div class="n-rtb-agenda-main w-richtext"><p>Close of the Summit</p></div></div></div></div></div></div></div><a class="n-agenda-back-to-top" href="#agenda">Top of agenda</a></div></div>
Speakers

Guest Speakers

Kuseni Dlamini
Chairman

Guest Speaker

JSE-listed Massmart | Aspen Pharmacare Holdings

Guest Speaker

JSE-listed Massmart | Aspen Pharmacare Holdings

Chairman
Kuseni Dlamini
Frederik Kleinhans
Head of Capital Management

Guest Speaker

FirstRand Bank

Guest Speaker

FirstRand Bank

Head of Capital Management
Frederik Kleinhans
Tshepo Ntsimane
Head: Metros, Intermediate Cites & Water Boards

Guest Speaker

Development Bank of Southern Africa (DBSA)

Guest Speaker

Development Bank of Southern Africa (DBSA)

Head: Metros, Intermediate Cites & Water Boards
Tshepo Ntsimane
Vuyo Hlompho Ntoi
Investment Director - Co-Portfolio Manager of IDEAS Fund

Guest Speaker

African Infrastructure Investment Managers

Guest Speaker

African Infrastructure Investment Managers

Investment Director - Co-Portfolio Manager of IDEAS Fund
Vuyo Hlompho Ntoi
Thato Khaole
Investment Analyst

Guest Speaker

Futuregrowth Asset Management

Guest Speaker

Futuregrowth Asset Management

Investment Analyst
Thato Khaole
AK Ismail
Head of Finance&Treasury Departments

Guest Speaker

SA Home Loans

Guest Speaker

SA Home Loans

Head of Finance&Treasury Departments
AK Ismail
Cameron Gough
Structured Finance Manager

Guest Speaker

FirstRand Bank

Guest Speaker

FirstRand Bank

Structured Finance Manager
Cameron Gough

Moody's Speakers

Sean Marion
Managing Director
Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group
Managing Director
Sean Marion
Marie Diron
Managing Director
Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group
Managing Director
Marie Diron
Antonello Aquino
Associate Managing Director
Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group
Associate Managing Director
Antonello Aquino
Mario Santangelo
Associate Managing Director
Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group
Associate Managing Director
Mario Santangelo
Lucie Villa
Vice President – Senior Credit Officer
Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group
Vice President – Senior Credit Officer
Lucie Villa
Christopher Bredholt
Vice President - Senior Credit Officer
EMEA Infrastructure Finance

Moody's Investors Service

Moody's Investors Service

EMEA Infrastructure Finance
Vice President - Senior Credit Officer
Christopher Bredholt
Joanna Fic
Senior Vice President
Public Project & Infrastructure Finance

Moody's Investors Service

Moody's Investors Service

Public Project & Infrastructure Finance
Senior Vice President
Joanna Fic
Rehan Akbar
Vice President – Senior Credit Officer
Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group
Vice President – Senior Credit Officer
Rehan Akbar
Dion Bate
Vice President - Senior Analyst
Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group
Vice President - Senior Analyst
Dion Bate
Lahlou Meksaoui
Assistant Vice President-Analyst
Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group
Assistant Vice President-Analyst
Lahlou Meksaoui
Daniel Mazibuko
Lead Analyst
Sub-Sovereign Group

Moody's Investors Service

Moody's Investors Service

Sub-Sovereign Group
Lead Analyst
Daniel Mazibuko
Antonio Tena
Vice President - Senior Analyst
Structured Finance Group

Moody's Investors Service

Moody's Investors Service

Structured Finance Group
Vice President - Senior Analyst
Antonio Tena
Akin Majekodunmi
Vice President - Senior Credit Officer
Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group
Vice President - Senior Credit Officer
Akin Majekodunmi

Any questions please contact:

Janette Niccolls

Events & Outreach Senior Associate

Janette.Niccolls@moodys.com