African Financial Summit – AFIS 2024

Our Group CEO had the privilege of participating in a strategic roundtable discussion at the Africa Financial Summit (AFIS 2024) in Casablanca. For the first time, with the support of the IFC – International Finance Corporation, AFIS organised a session dedicated to microfinance—an important milestone for the sector.

The closed-door session, titled “Data-driven Microfinance: What More Can Institutions and Banks Do to Elevate Impact?”, brought together high-level stakeholders, including executives from leading financial institutions, to discuss key challenges and opportunities:

🔹 Transitioning from people-intensive distribution models to digital and data-driven approaches
🔹 Leveraging AI and machine learning to lower interest rates and improve credit scoring
🔹 Using microcredit as a foundation to expand access to micro-savings and micro-insurance

Moderated by Othman Omary, Managing Director & Partner at BCG Casablanca, this collaborative discussion explored how African regulators, financial institutions, and microfinance actors can evolve to better serve low-income communities while ensuring sustainable impact.

We are proud to see Advans contribute to shaping the future of microfinance in Africa. Let’s keep pushing the boundaries of innovation and impact!