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La Finance au Service de l’Afrique Making Finance Work for Africa MFW4A: Prioritizing Public Debt Management and Financial Sector Deepening Stefan Nalletamby MFW4A Partnership Coordinator
La Finance au Service de l’Afrique
Making Finance Work for Africa
MFW4A: Prioritizing Public Debt Management and Financial
Sector Deepening
Stefan Nalletamby
MFW4A Partnership Coordinator
La Finance au Service de l’Afrique
Making Finance Work for Africa
1. MFW4A Role
2. Program of Work
Outline
La Finance au Service de l’Afrique
Making Finance Work for Africa
The MFW4A Partnership is a G8 initiative aimed at establishing
a common platform for harmonization and facilitation of financial
sector development and knowledge sharing in Africa.
Key Activities
Centralizing and disseminating financial sector
knowledge;
Convening partners and facilitating dialogue and
exchange;
Serving as a broker between demand and supply for
financial sector development support.
MFW4A Role
La Finance au Service de l’Afrique
Making Finance Work for Africa
Documents and publications
Database of donor projects;
Library of country
experiences and lessons
learned;
Discussion blog on current
issues in African financial
sectors.
MFW4A Website (scheduled for launch in Q1 2010)
MFW4A Role – Knowledge Management
La Finance au Service de l’Afrique
Making Finance Work for Africa
La Finance au Service de l’Afrique
Making Finance Work for Africa
MFW4A Partnership has proven to be a powerful convening
platform around financial sector issues:
Remittances - Remittances Working Group roundtables in
London and Tunis in April and September 2009, respectively,
and quarterly calls comparing notes on projects in the pipeline;
Access to Finance – A2F Working Group quarterly calls;
Financial Capability and Consumer Protection Conference –
Accra, September 2009;
Microfinance – African Union Workshop, Addis Ababa,
September 2009
Capital Markets - Donor workshop in Tunis in March 2009 and
Capital Markets seminar during AfDB annual meeting in May
2009
MFW4A Role – Convening Platform
La Finance au Service de l’Afrique
Making Finance Work for Africa
MFW4A Secretariat is developing 2 tools to improve interaction
between demand and supply for financial sector support:
Donor Mapping (in development)
Over 600 current and pipeline financial sector projects
funded by the 12 founding partners;
Project Portal (in development)
Standardized format for requests for financial sector
development resources;
Builds on donor mapping database to match need with
existing expertise.
MFW4A Role – Broker for Financial Sector Support
La Finance au Service de l’Afrique
Making Finance Work for Africa
Strengthening Market Infrastructure and Public Debt Management
> 1 DP
1 DP
Ghana: KfW, UST, DfIDNigeria: KfW, ESMID
(SIDA), WBG
Kenya, Tanzania,
Uganda, Rwanda:
ESMID (SIDA), UST,
WBG/IMF
Mali: France
Liberia: UST
Mozambique: AfDB
Algeria: UST Egypt: KfW,
WBG
Burundi: UST
Senegal: UST
Angola: UST
Cape Verde:
WBG/IMF
Zambia: WBG/IMF
La Finance au Service de l’Afrique
Making Finance Work for Africa
Developing Bond Markets
1 DP
> 1 DP
Zone Franc: FranceKenya, Tanzania,
Uganda, Rwanda:
ESMID (SIDA)
Uganda: ESMID
(SIDA); GTZ
La Finance au Service de l’Afrique
Making Finance Work for Africa
1. MFW4A Role
2. Program of Work
Outline
La Finance au Service de l’Afrique
Making Finance Work for Africa
Program of Work – Going Forward
Going Forward
Deepening domestic public debt markets is now understood to
be integral to the financial sector development agenda.
MFW4A Secretariat will continue to facilitate dialogue on
partners’ strategic priorities to identify gaps and synergies
…and work to increase partners’ focus on public debt
management and financial sector deepening through ongoing
work and new initiatives.
La Finance au Service de l’Afrique
Making Finance Work for Africa
Program of Work – Ongoing Coordination
Ongoing Donor Coordination
Donor Mapping
Develop this tool as an interactive, online resource;
Access to Finance Working Group
Explore links between A2F and strengthening of domestic
financial systems;
Remittances Working Group
Promote projects, and exploration of new financial
products, channelling remittances into productive short and
long term investments, including domestic sovereign issues.
La Finance au Service de l’Afrique
Making Finance Work for Africa
Program of Work – New Initiative
New Donor Coordination Initiative
Capital Markets Working Group
MFW4A Secretariat proposes to organize a Capital
Markets working group on Africa to bring relevant donors to
the table for a regular call/meeting for exchange on work
programs and projects in the pipeline;
We welcome your participation!
La Finance au Service de l’Afrique
Making Finance Work for Africa
Thank you
www.mfw4a.org
(scheduled for launch in Q1 2010)
