IPFA East Africa
The Local Currency Imperative
African’s infrastructure financing needs and financing gaps remain in the billions. The financing available for infrastructure tends to be in foreign currency which exposes projects to significant volatility as currencies fluctuate. With rising global interest rates in 2023, African currencies took a beating with significant depreciations which increased the cost of servicing debts, diverting resources from crucial investments and in some cases sending projects hurtling into debt distress.
Join us to hear industry experts delve into ‘The Local Currency Imperative’. They will share their insights and strategies to overcome the hurdles and unlock the immense potential and benefits of local currency financing for Africa’s infrastructure revolution.
Panel 1 Speakers
- Edgar Wamalwa, Associate Director, KPMG (Moderator)
- Geofrey Mwaura, Head of Credit, Kenya Mortgage Refinance Corporation
- Ngatia Kirungie, Head Secretariat, Kenya Pension Funds Investment Consortium
- Stella Mutai, Head of Mortgage Business, HFC
- Daniel Odongo, Director, ABSA
Panel 2 Speakers
- Robert Bunyi, Energy Sector Specialist (Moderator)
- Adam Fitzwilliam, Director, CAMCO
- Beatrice Muthoni, Business Development Manager, PIDG - InfraCo Africa
- Chris Olobo, CEO, Dhamana Guarantee Company
- Mphokolo Makara, Head of Energy and Infrastructure, Standard Bank
Event Details
Registration & networking: 7:00am
Discussion begins: 7:30am
Networking: 10:00am
Format: Two panel discussions, followed by a networking reception
Venue: KPMG Offices, ABC Towers ABC Place, Waiyaki Way, Nairobi, Kenya