Tuesday, 1 July 2014

Ghana to host 2nd West Africa Microfinance Conference

The 2nd West Africa Microfinance Conference (WAMIC 2014) is to be hosted in Accra from July 23-24, 2014, at the Accra International Conference, Accra-Ghana.

The two-day conference which is being organized by The African Centre for Peace Building (AFCOPB) and powered Senyo Global is under the theme 'Reducing Extreme Poverty through Microfinance'. It brings together experts in the microfinance sector, policy makers, investors, legislators and civil society groups to share knowledge and information on best practices in the field and how the sector can be improved to meet its original objectives.

"The 2014 WAMIC is not only going to be one of the biggest gathering of MFIs industry players in the West Africa subregion but would also present an opportunity to develop a road map to a legislative framework for the sector through a high level panel discussion as we look at the future of the microfinance sector in West Africa". Korsi Senyo, The Executive Director of AFCOPB told Awake Business News.

Korsi Senyo added, 'The issues facing the microfinance sector calls for a collective efforts and responsibility as it affects not only MFIs operators and their clients but pose a threat to national security. This is why we (AFCOPB) as a peace-building organization whose basic aim is to solve some of the basic problems (unemployment, lack of credit, poverty etc.) that might have otherwise acted as agent of conflict, wish to champion public awareness on the matter and contribute our quota to solving the problem'.

Some of the conference objectives are to equip participants with the needed skills in managing microfinance business, to provide a common platform for the participants to share ideas and resources, to empower businesses with the skills they need to be stronger and also to help participants identify and take advantage of the microfinance business as an emerging market in Africa.

The 2014 WAMIC which is being sponsored by Tigo Ghana present another unique benefit to participants as a larger platform for sharing ideas and information in the field, showcase their Micro finance companies, identify other areas of business investment and to network with key figures and stakeholders from the microfinance industry.

"We belief in the huge role micro finance services could play in the development and growth of small to medium enterprises within our economy and the role that Mobile Financial services could potentially play in this growth. This is why we (Tigo Ghana) have decided to sponsor this conference" Mr. Selorm Adadevoh - Head of Mobile Financial Services, Tigo Ghana

'We therefore appeal to corporate bodies, the media, NGOs, civil society, development agencies, and individuals for sponsorship, donations and any other form of support towards the realization of this dream.' Korsi Senyo.


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