At the AFSIC conference in May, Truestone’s CEO Paul Szkiler and David Kamara, CEO of actb Savings & Loans chaired a discussion panel
The African Financial Services Investment Conference (AFSIC) is believed to be the largest Africa investment event taking place in Europe. One of the most important Africa investor events globally, it attracts business leaders from over 40 African countries as well as over 1,000 attendees.
At this year’s event, Truestone presented the panel discussion, “From private sector to institutional capital: How to raise finance and scale African FIs effectively”. This explored the capital raising landscape in African financial services as well as pooling insights from an experienced panel, which included CEOs of Old Mutual Alternative Investments, Verdant Capital and Norsad Finance. The debate also gave platform to actb Savings & Loans’s recent fundraising success from development finance sources, with David Kamara discussing key lessons learned as part of ACTB’s transition from private funded expansion to institutional investment.