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Treasury & Cash Management in Africa & the Middle East

March 2026 | Hilton London Canary Wharf

Agenda

You are viewing the 2025 agenda. The 2026 agenda will be released in November.

1.00pm -2.00pm

Registration and lunch

2.00pm -2.05pm

Welcome and introduction

2.05pm -2.30pm

Keynote from the United Nations Economic Commission for Africa

  • Dr Hanan Morsy

    Deputy executive secretary and chief economist United Nations Economic Commission for Africa

    X
2.30pm -2.45pm

Interactive Q&A

2.45pm -3.05pm

EIU Analysis: Drivers for growth in Africa and the Middle East

Economic growth averaged 1.8 percent in the MENA region, with 3.0 percent in the sub-saharan region in 2023 and 3.6 percent in 2024, with a high of 8.6 in DRC and a low of -12.0 in Sudan, according to World Bank figures. The IMF projects 4.2 percent growth in 2025, accelerated by nine of the world’s fastest growing economies. Africa will continue its growth trajectory in 2025, boosted by economic expansion, service sector investment and rapid urbanisation. Yet security threats, political instability, climate change and debt burdens remain ongoing risks, for the year ahead. In this session EIU analysts outline the trends that will shape the economic, political and policy landscapes in the region in 2025/6.

  • Benedict Craven

    Principal economist, MEA Economist Intelligence Unit

    X
3.05pm -3.15pm

Interactive Q&A

3.15pm -3.45pm

Economic outlook: treasury in regional context

In this keynote panel economists discuss the evolving political and economic environments across African and the Middle East and deliver insights into the key developments impacting multinational companies and treasury operations in the region. We take in the key elections change in South Africa, Rwanda, Ghana and Mozambique and their impacts on corporate tax and trade. We also consider the impact of evolving financial infrastructure and regulation and across Africa and the Middle East, impacting corporate transactions, cash management and liquidity operations. The panel also examines the depth of credit, liquidity and currency markets, as well as investment in key African and Middle East economies and how multinational national companies and corporate Africa are shaping future markets in core sectors across the region.

  • David Luke

    Professor in practice and strategic director Firoz Lalji Institute for Africa London School of Economics

    X
  • Razia Khan

    Head of Research, Africa and Middle East Standard Chartered

    X
  • David Cowan

    Managing director and Africa Economist Citi

    X
3.45pm -4.00pm

Interactive Q&A

4.00pm -4.30pm

Networking

The networking breaks, held in the exhibition area, are your opportunity to dive deeper into new ideas sparked by the sessions with peers, industry leaders, and solution providers in a more informal setting. Maximise your time by booking one-on-one meetings in advance through the app.

4.30pm -5.00pm

Treasury circles: Treasurer-to-treasurer networking forum

Solving operational challenges in Africa is the topic for our treasury circles session. In this session, moderators will take questions from delegates and engage the audience in discussion and Q&A. From the impact of global tariffs, to the strength or weakening of the dollar, FX hedging, payments and technology, we would like to hear your key challenges in the region and hope to share solutions.
  • Jyoti Jiwani

    Treasury transformation consultant

    X
  • Neiciriany Mata

    Head of Financial Services Angola Cables SA

    X
5.00pm -6.00pm

Networking reception

8.00am

Registration and light breakfast

9.00am

Welcome

9.05am -9.35am

Identifying solutions to cash management and FX challenges in the region

Cash management and foreign exchange in treasury operations in Africa continues to prove a complex challenge for treasurers of both multinational and pan African companies due to economic and regulatory variances across countries, central bank restrictions and currency convertibility issues, leading to ‘trapped cash’, and hindering efficient repatriation of cash receivables. Whilst treasurers work to efficiently manage local cash through intercompany cash pooling and netting structures and operations, cross border cash management is subject to tax and FX regulations which can erode value. Yet treasurers are increasingly leveraging technology solutions to best manage cash positions and gain real-time visibility and control, to enable more efficient movement of cash. Forecasting tools that can help predict receivables flow through the analysis of historical data also enable greater working capital and liquidity planning. In this session treasurers discuss their cash management and forecasting practices and strategies in the region in both local African business context and in the context of the multinational group company, and identify solutions to common cash challenges.

  • Fergal Browne

    Global cash and liquidity manager Kerry

    X
  • Winnifred Imoroa

    Treasury Manager Unilever

    X
  • Marion Reuter

    Head of transaction banking UK and Europe Standard Chartered

    X
9.35am -9.45am

Interactive Q&A

9.45am -10.15am

Managing foreign exchange and payments

African currencies have seen significant devaluations in 2024, notably the South African Rand (ZAR) dipping 12.5 percent, Nigerian Naira (NGN) dropping 18 percent and Kenyan shilling (KES) losing approximately 8 percent of its value over the past year. Depreciation has been driven by a combination of factors, including the strength of the US dollar, fluctuating oil prices, dwindling foreign reserves, inflationary pressures and supply disruptions due to market volatilities and geopolitical uncertainties. For treasurers, devaluation and increased local currency volatility equates to a heightened level of risk management in FX operations, including where necessary, currency hedging strategies. Fluctuating local currency values and volatile interest rates require vigilance and proactive risk management strategies to protect against foreign exchange losses. Treasurers must also navigate complex regulatory frameworks, which often include strict capital controls and reporting requirements, adding another layer of complexity. In payments, challenges remain for treasurers in transaction costs and delayed payments due to a lack of standardisation and inefficient systems and clearing mechanisms across borders. In this session we explore the current challenges in FX, local currency management and payments, with emphasis on the tools and technologies that assist in derisking transactions through intelligent automation.

  • Gautam Ghosh

    Group treasury, business and banking lead Mott MacDonald

    X
  • Neiciriany Mata

    Head of Financial Services Angola Cables SA

    X
  • Jyoti Jiwani

    Treasury transformation consultant

    X
10.15am -10.30am

Interactive Q&A

10.30am -11.00am

Digitising treasury operations and the potential of AI

In a region of fragmented financial infrastructure, varying regulatory environments, and uneven technological capacities across different countries, the drive to create integrated and interoperable treasury and banking systems is challenging for treasurers. Creating standardised APIs for seamless communication between multiple financial institutions and treasury solutions can be hindered by a lack of interoperability. Often the treasury digitisation project is disrupted by regulatory compliance requirements, such as wet signatures and physical documentation. Yet the acceleration of automated and AI enabled technologies, offers opportunities to overcome some of these challenges. AI-powered analytics can enhance cash flow forecasting, risk management, fx transactions, and fraud controls and compliance. Algorithms can be fine tuned to local currency markets, enabling accurate predictions and actions in fx management. As AI evolves, it has the potential to streamline treasury operations in the region, speed up local compliance processes, enabling treasurers to focus strategically on cash and liquidity operations. In this session treasurers discuss their challenges in digitalising treasury operations and their early applications of AI in treasury in the region

  • Steve Buonvino

    Managing director, large corporate and public sector sales head, Europe, Middle East and Africa Citi

    X
  • Nuray Ongan Coşkun

    Head of corporate finance, treasury, risk management BRF

    X
  • Royston Da Costa

    Assistant treasurer Ferguson

    X
11.00am -11.15am

Interactive Q&A

11.15am -11.45am

Networking and meet the speakers

11.45am -12.30pm

Roundtables 1 - Treasury topics

Delegate group discussions on sharing experiences and challenges of treasury management in specific operations and functions

  1. FX
  2. Payments
  3. Cash Management
  4. Cash Investments
  5. Bank relationships
  6. Financing and liquidity
  7. Operations
  8. Technology and AI
  • Neiciriany Mata

    Head of Financial Services Angola Cables SA

    X
  • Michael Ben Moshe

    VP, treasury Teva Pharmaceuticals

    X
  • Pavel Knecht

    Head of TTS corporate sales for multinationals, Middle East and Africa Citi

    X
  • Eniola Adesanmi

    Head of treasury Guinness Nigeria Plc

    X
  • Jyoti Jiwani

    Treasury transformation consultant

    X
  • Simon Jones

    Independent treasury consultant

    X
  • Saad Adhami

    Head of corporate cash sales UK Standard Chartered

    X
12.30pm -12.45pm

Roundtable summaries

12.45pm -2.00pm

Lunch with topic tables

Roundtable groups continue over lunch

2.00pm -2.30pm

Working capital and cash optimisation strategies in the region

Working capital has remained front and centre of treasury priorities as elevated interest rates have intensified focus on mobilising balance sheet assets for cash optimisation. Treasurers, whether seeking to avoid further borrowing or reduce debt, whilst increasing cash and capital flow in the business, have developed an armoury of working capital solutions to achieve strategic financial objectives. In this sesion we explore how treasurers have successfully launched working capital and cash optimisation initiatives, by engineering internal cash processes to strategically mobilise and align working capital and enhance cash flow in the business. With case studies, we take a deep dive into the best practices in working capital management in the region.

  • Michael Ben Moshe

    VP, treasury Teva Pharmaceuticals

    X
  • Jyoti Jiwani

    Treasury transformation consultant

    X
2.30pm -2.45pm

Interactive Q&A

2.45pm -3.15pm

Strategies to navigate high rates and developing sustainable financing

With central bank rates running at 27 percent in Nigeria and 11 percent in South Africa, treasurers are managing liquidity strategies to avoid borrowing in local currencies to finance local operations. Accessing capital in local bank markets can be limited, while loan markets can offer restricted tenors and higher interest rates. Shallow capital markets for corporate issuers, volatile currencies, and regulatory complexities combine to make capital raising in local markets both challenging and suboptimal. Managing cash across diverse markets with varying payment cycles and credit terms is also a key challenge for corporate treasures aiming to create stable working capital flows. Treasurers have developed several strategies to navigate these liquidity challenges, including offshore capital raising, and SCF and trade finance solutions in payables and receivables financing to generate liquidity and optimise working capital in challenging African markets. We also take in the breadth of sustainable financing in the region. With many global companies now setting ESG and net zero goals, with footprints and operations in Africa and the Middle East, treasury has adopted a key role in the drive to sustainability. From investing in ESG funds, to raising sustainable finance either in green bonds or sustainability linked loans, to ensuring that suppliers meet ESG KPIs, treasury and FP&A, procurement and investment colleagues are working together to meet company net zero goals. In this session treasurers discuss their ESG strategies in the regions and share their experiences of issuing and borrowing in green loan and bond markets, and investing in ESG funds. In this session treasurers discuss current challenges in liquidity management and the financing strategies, including sustainable and green finance and solutions, to enable efficient operations.

  • Eniola Adesanmi

    Head of treasury Guinness Nigeria Plc

    X
  • Mohamed Kortam

    Regional treasurer Africa and Middle East Lesaffre

    X
3.15pm -3.30pm

Interactive Q&A

3.30pm -4.00pm

Networking and meet the speakers

4.00pm -4.45pm

Roundtables 2 - Regional topics

Delegate group discussions on sharing experiences and challenges of treasury operations in specific regions:

  1. West Africa
  2. East Africa
  3. Southern Africa 
  4. Central Africa
  5. North Africa 
  6. Middle East 
  • Eniola Adesanmi

    Head of treasury Guinness Nigeria Plc

    X
  • Patrick Lekasi

    Executive principal and head, transaction banking corporate sales, East Africa, corporate and investment banking Standard Chartered

    X
  • Jyoti Jiwani

    Treasury transformation consultant

    X
  • Neiciriany Mata

    Head of Financial Services Angola Cables SA

    X
  • Mohamed Ibnelfarouk

    North Africa and levant head for treasury and trade solutions (TTS) and corporates, commercial and public sector sales (CCPS) Citi

    X
  • Mohamed Kortam

    Regional treasurer Africa and Middle East Lesaffre

    X
4.45pm -5.00pm

Roundtable summaries

5.00pm

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