The Trade Finance Bank for Africa

Transcription

1 AFREXIMBANK SEMINAR/WORKSHOP ON ADVANCED STRUCTURED TRADE FINANCE November 22-24, 2009 Intercontinental Hotel, Lusaka - Zambia Organised & Hosted by AFREXIMBANK In Cooperation with Bank of Zambia Bankers Association of Zambia (BAZ) COMESA Bankers Association (CBA) West African Association (WABA) Seminar Date: November 22-23, Speakers from: Afreximbank ACE, Geneva AICC, South Africa Bourse Africa, Botswana Citibank, South Africa EMFG, Canada Fieldstone Africa, South Africa Fitch Ratings, London HSBC, London Lovells, U.K. Standard Chartered Bank, U.K. Workshop Date: November 24, Theme: Issues in Environmental and Social Risks Management and Carbon Financing Speakers from: Afreximbank DEG, Germany EBID, Togo EXIM India Major Topics The African Trade and Project Financing Environment in the Context of Current Global Economic Crisis: Challenges and Opportunities; Structuring Trade Finance Deals: Risk Identification, Risk Mitigation, Security and Pricing Issues; Critical Issues in Asset-Based Lending in the Context of Volatile Asset Prices; The Concept of Collateral Management and its use in Risk Management Under Structured Trade Finance; A Primer on the Emerging Pan-African Commodity and Derivatives Exchange and its Possible Impact on African Trade Finance; The Fundamentals of, and Ratings Criteria for, Asset-Backed Bond Issuances; Rating Financial Institutions in Difficult Markets: Lessons of Experience and the Impact of Structured Trade Finance Operating Model; Aircraft Financing: Challenges, Risks and Risk Mitigating Structures; Financing Projects under a Limited Recourse Financing Structure: Issues, Risks, Risk Transfer Instruments, Pricing and Deal Breakers; Managing Operational Risks Under Structured Trade Finance Framework: Challenges and Solutions; Critical Issues in Customer Due Diligence when Operating Under a Structured Trade Finance Environment; Understanding Basel II and Its Treatment of Structured Trade Finance Assets.

2 Background In pursuance of Afreximbank s goal of developing and strengthening trade finance capacity in Africa, the Bank launched in 1999, a programme of Annual Seminars on Structured Trade Finance. The Seminar programme is comprised of two courses, namely Fundamentals of Structured Trade Finance Seminar and Advanced Structured Trade Finance Seminar. The Seminar contents have been designed to ensure that participants acquire the capacity to structure bankable trade finance deals of varying levels of complexity. The intention is to ensure that African banks and bankers are well equipped to deal with risks in financing trade under a difficult politico-economic environment and changing trade counterparties. Seminar / Workshop Objectives The general objective of the Seminar is to acquaint African bankers with advanced structured finance tools and techniques to deal with the challenges confronting lenders in Africa as a result of the rapidly changing business environment. The specific objectives of the Advanced Course are: (a) to complement the Basic Course run by the Bank in order to properly equip participants in structuring complex deals; (b) to create an opportunity for a proper evaluation and understanding of the new financing challenges that the changes in the global and African environments portend in the near to medium term; Transferable Skills It is expected that the Seminar should be able to transfer the following skills to participants: (a) ability to analyse and understand complex trade and project-related financing problems; (b) ability to use several capital market instruments in financing trade and trade-related projects; (c) a clear understanding of Customer Due Diligence processes and issues; (c) to equip participants with the knowledge of the financing tools and instruments that are currently being used or being proposed for use in financing African trade under the changing environment; (d) to understand the programmes and facilities Afreximbank is, or will be, introducing in the near term to deal with the new challenges; and (e) to create an opportunity for networking amongst African bankers. (d) understanding trade-related capital market structures; (e) an understanding of specialized financing, such as aircraft financing, etc.; and (f) an understanding of how structured trade finance may impact the credit ratings of banks.

3 Target Participants Target participants include: (a) Senior Executives of African banks and other financial institutions engaged in trade and project financing, including African Export Credit Agencies (ECAs); (b) Senior Executives of African Country and Sector Funds and other Venture Capital institutions; (c) Senior Executives of corporates engaged in trade, manufacturing and privatized infrastructure projects; (d) The Bank s Trade Finance Intermediaries (TFIs) and Project Finance Intermediaries (PFIs); and (e) African Lawyers. Contents 1. The African Trade and Project Financing Environment in the Context of Current Global Economic Crisis: Challenges and Opportunities by Mr. Wilson Chola, Head of Operations, Africa Division, Citibank, Johannesburg, South Africa 2. Structuring Trade Finance Deals: Risk Identification, Risk Mitigation, Security and Pricing Issues by Dr. B.O. Oramah, Executive Vice President, Afreximbank. 3. Critical Issues in Asset-Based Lending in the Context of Volatile Asset Prices by Mr. Richard Hodder, Director, Sub Saharan Africa, HSBC, London 4. The Concept of Collateral Management and its use in Risk Management Under Structured Trade Finance by Mr. Lamon Rutten, Managing Director, ACE, Geneva 5. A Primer on the Emerging Pan-African Commodity and Derivatives Exchange and its Possible Impact on African Trade Finance by Mr. Chris Goromonzi, Executive Director, Bourse Africa, South Africa 6. The Fundamentals of, and Ratings Criteria for, Asset-Backed Bond Issuances by Mr. Ade Adebajo, Head, Debt Capital Markets Africa, Standard Chartered, London 7. Rating Financial Institutions in Difficult Markets: Lessons of Experience and the Impact of Structured Trade Finance Operating Model By Ms. Laila Sadek, Associate Director, Fitch Ratings, London 8. Aircraft Financing: Challenges, Risks and Risk Mitigating Structures by Mr. Charles Calrson, Global Head, Structured Export Finance, Standard Chartered Bank, London 9. Financing Projects Under a Limited Recourse Financing Structure: Issues, Risks, Risk Transfer Instruments, Pricing and Deal Breakers by Mr. Siyanga Malumo, Director, Fieldstone Africa, South Africa 10. Managing Operational Risks Under Structured Trade Finance Framework: Challenges and Solutions by Dr. Kunle Oladosu, Director, Emerging Market Financial Group, Canada 11. Critical Issues in Customer Due Diligence when Operating Under a Structured Trade Finance Environment by Mr. Tagbo Gozie Agazue, Senior Advisor, African Institute f Corporate citizenship (AICC), South Africa 12. Understanding Basel II and Its Treatment of Structured Trade Finance Assets by Mr. Andrew Gamble, Partner, Lovells, U.K.

4 Terms and Conditions Date: Seminar: November 22-23, 2009 Workshop: November 24, 2009 Venue: Intercontinental Hotel Lusaka, Zambia Fee: Conference and Workshop: US$ Fee covers tuition, lunches, refreshments, gala dinner and conference documentation. Conference Language: Bilingual (English and French ) Payment: Payments may be made by cash, bank draft or travellers' cheques made payable to Afreximbank in US dollars. To pay by bank transfer, please ask your bank to include the delegate's name in the transfer instructions. Transfers should be made to: Standard Chartered Bank, London, Account Number Payments not received before the event may result in entry being denied. Afreximbank will not be held liable for non arrival of your registration confirmation. Please call Afreximbank if delays occur. All enquiries and entries should be directed to: Dr. Francis Mbroh African Export-Import Bank (Afreximbank) World Trade Center 1191 Coniche El-Nil Gezira, Cairo, Egypt Tel: (202) Fax:(202) mail@afreximbank.com info@afreximbank.com Cancellations: Cancellations must be received in writing by 17:00hrs on 10 th November, It is regretted that no refunds will be made or invoices cancelled after 10 th November, 2009 and the full registration fee will be payable. Substitutions may be made at any time. It may be necessary for reasons beyond the control of Afreximbank to alter the content and timing of the programme or the identity of the speakers.

5 AFREXIMBANK SEMINAR / WORKSHOP ON ADVANCED STRUCTURED TRADE FINANCE Intercontinental Hotel Lusaka - Zambia November 22-23, 2009 PROGRAMME OF ACTIVITIES NOVEMBER 21, 2009 Arrival and Registration of Participants 08:00 18:00 Registration at Intercontinental Hotel, Lusaka 19:30 22:00 Cocktail Reception at Intercontinental Hotel, Lusaka NOVEMBER 22, 2009 AFREXIMBANK SEMINAR ON ADVANCED STRUCTURED TRADE FINANCE 07:45-08:30 Registration Tea/Coffee SESSION I Chairperson: Dr. Caleb Fundanga Governor, Bank of Zambia 08:30 09:15 Opening Ceremony * Keynote Address by Mr. Jean-Louis EKRA President, Afreximbank * Opening Statements by: * Hon. Situmbeko Musokotwane Minister of Finance, Zambia * Dr. Caleb Fundanga Governor, Bank of Zambia * Secretary General COMESA Bankers Association * Secretary General West African Bankers Association * Chairman Bankers Association of Zambia 9:15 09:30 Group Photograph 09:30 10:20 The African Trade and Projects Financing Environment in the Context of Current Global Economic Crisis: Challenges and Opportunities by Mr. Wilson Chola, Head of Opertions, Africa Division, Citibank, Johannesburg 10:20 11:10 Structuring Trade Finance Deals: Risk Identification, Risk Mitigation, Security and Pricing Issues by Dr. B.O. Oramah Executive Vice President, Afreximbank 11:10 11:25 Tea/Coffee Break 11:25 12:15 Critical Issues in Asset-Based Lending in the Context of Volatile Asset Prices by Mr. Richard Hodder, Director, Sub Saharan Africa HSBC, London 12:15 13:05 Discussion 13:05 14:30 Lunch Break SESSION II Chairperson: Mr. Saviour Chibiya Managing Director, Citibank, Zambia and Chairman of BAZ 14:30 15:20 The Concept of Collateral Management and its use in Risk Management Under Structured Trade Finance by Mr. Lamon Rutten Managing Director, ACE, Geneva 15:20 16:10 A Primer on the Emerging Pan- African Commodity and Derivatives Exchange and its Possible Impact on African Trade Finance by Mr. Chris Goromonzi, Executive Director, Bourse Africa, Botswana 16:10 16:25 Tea/Coffee Break 16:25 17:15 The Fundamentals of, and Ratings Criteria for, Asset-Backed Bond Issuances by Mr. Ade Adebajo, Head, Debt Capital Markets Africa, Standard Chartered, London 17:15 18:05 Rating Financial Institutions in Difficult Markets: Lessons of Experience and the Impact of Structured Trade Finance Operating Model by Ms. Laila Sadek, Associate Director, Fitch Ratings, London 18:05 19:00 Discussion

6 AFREXIMBANK SEMINAR / WORKSHOP ON ADVANCED STRUCTURED TRADE FINANCE Intercontinental Hotel Lusaka Zambia November 22-23, 2009 PROGRAMME OF ACTIVITIES NOVEMBER 23, 2009 Session III Chairperson: Secretary General COMESA Bankers Association 09:00 09:50 Aircraft Financing: Challenges, Risks and Risk Mitigating Structures by Mr. Charles Calrson, Global Head, Structured Export Finance, Standard Chartered Bank, London 09:50 10:40 Financing Projects under Limited Recourse Financing Structure: Issues, Risks, Risk Transfer Instruments, Pricing and Deal Breakers by Mr. Siyanga Malumo, Director, Fieldstone Africa, South Africa 10:40 10:55 Tea/Coffee Break 10:55 11:45 Managing Operational Risks Under Structured Trade Finance Framework: Challenges and Solutions by Dr. Kunle Oladosu, Director, Emerging Market Financial Group, Canada 11:45 12:45 Discussion 12:45 14:20 Lunch Session IV Chairperson: Mr. Agbai Abosi Secretary General West African Bankers Association 14:20 15:10 Critical Issues in Customer Due Diligence when Operating Under a Structured Trade Finance Environment by Mr. Tagbo Gozie Abgazue,, Senior Advisor, African Institute of Corporate Citizenship (AICC), South Africa 15:10 16:00 Understanding Basel II and its Treatment of Structured Trade Finance Assets by Mr. Andrew Gamble, Partner, Lovells London, U.K. 16:00 16:15 Tea/Coffee Break 16:15 17:15 Discussion

7 AFREXIMBANK SEMINAR / WORKSHOP ON ADVANCED STRUCTURED TRADE FINANCE Intercontinental Hotel Lusaka Zambia November 24, 2009 THEME: Issues in Environmental and Social Risks Management and Carbon Financing WORKSHOP PROGRAMME NOVEMBER 24, 2009 Chairperson: Mr. Jean-Louis EKRA President, Afreximbank 09:00 10:00 Opportunities and Challenges in the Emerging Renewable Energy Markets - The Experience of African Biofuels and Renewable Energy Fund (ABREF) by Mr. Thierno Bocar Tall Director, African Biofuel & Renewable Energy Fund Project Ecowas Bank of Investment & Development, Lomé, Togo 10:00 11:00 Understanding and Mitigating Environmental & Social Risks in Trade & Project Financing by Mr. Jorg Janischewski DEG Consultant, Germany 11:00 11:15 Tea/Coffee Break 11:15 12:15 Discussion 12:15 13:45 Lunch 13:45 14:35 Carbon As A New Commodity Class Understanding Afreximbank s Carbon Financing Programme by Afreximbank Staff 14:35 15:30 Lessons of Experience in the Promotion and Financing of CDM Projects Experience of G-NEXID member by Representative of EXIM India 15:30 16:30 Discussion 20:00-22:30 GALA DINNER CLOSING

8 AFREXIMBANK SEMINAR/WORKSHOP 2009 ON ADVANCED OF STRUCTURED TRADE FINANCE I wish to register for the Afreximbank Seminar / Workshop on Advanced Structured Trade Finance, November 22-24, 2009, Hotel Intercontinental, Lusaka, Zambia (Delegates should ensure registration at least 10 days prior to the commencement of the Seminar/Workshop) Please print clearly or attach a business card Name... (Dr./Mr./Mrs./Ms.) Family Name.. Position.... Department.... Company.... Address..... Postcode Country.. Tel.... Fax. I would like to stay at: Hotel Intercontinental Arrival Date. Time.. Flight No.. Departure Date...Time.. Flight No.. SPONSOR We wish to register this delegate for the Seminar/Workshop indicated above. We undertake to pay his/her fee and release him/her from all company responsibility during the period of the programme Name Position. Signature. Notes: Payment in CASH or BANK TRANSFER or TRAVELLERS CHEQUES in the name of.