The Egyptian Factoring Federation
Workshop on International Factoring for Northern Africa
10-11 December 2024
09:00 - 16:00 EEST
Hyatt Regency Cairo West, Egypt
10-11 December 2024 | 09:00 – 16:00 EEST | Hyatt Regency Cairo West, Egypt.
Join us in Cairo for a transformative two-day workshop, hosted by FCI and the Egyptian Factoring Federation (EFF), focusing on international factoring and supply chain finance across Northern Africa. This exclusive event will provide senior executives and industry professionals with a unique opportunity to explore the latest trends, opportunities, and regulatory developments within the region’s factoring landscape.
Featuring expert-led sessions, case studies, and interactive discussions, the workshop will cover key topics such as factoring solutions and implementation, overcoming challenges in cross-border trade, and supply chain finance (SCF). Participants will also delve into best practices for factoring operations, risk management, and legal aspects, ensuring a well-rounded understanding of both domestic and international factoring strategies.
This event is essential for those looking to strengthen their knowledge, expand their professional networking, and gain actionable insights from industry leaders. Secure your place today and position yourself at the forefront of the Northern African factoring market.
The programme will address International Factoring and setting up factoring operations.
Anyone who needs and wants to learn about the factoring and supply chain finance industry, including:
Established as a non-profit independent entity. In accordance with the decision of the Board of Directors of the Financial Regulatory Authority No. 150 of 2019 dated November 21, 2019 and includes companies working in the field of financial factoring in Egypt. The EFF is Contributing in the development of financial factoring activities, raising awareness of it, and adopting initiatives that support the factoring activities. We Communicate with international and regional federations to exchange experiences in financial factoring activities. We are Ensuring that the factoring federation members implement the code of ethics and the rules regulating the obligations and rights of the members. The EFF is Organizing training courses with the aim to develop the skills of workers in the financial factoring activities, whether through the Federation or through other parties. We Work to protect the rights of members and remove obstacles that may obstruct/delay the performance of their work.
www.factoringfederation-eg.org
companies around the world. Today, FCI has grown into the world’s representative factoring and receivables finance association and business network with close to 400 members in 95 countries. Today, FCI is truly the global representative body for the Factoring & Receivables Finance Industry. FCI offers three primary pillars of support to the Industry:
CONNECT: the Business network aids its members by providing a legal and messaging platform to execute cross-border factoring activities between both export and import factors
EDUCATE: FCI promotes and develops best practices in both domestic and international factoring and related Open Account Finance products
INFLUENCE: FCI promotes and defends the Industry with stakeholders and policy makers worldwide.
www.fci.nl
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra Africa and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa.
A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries to effectively participate in the AfCFTA. At the end of September 2023, Afreximbank’s total assets and guarantees stood at USD 31.5 billion, and its shareholder funds amounted to USD 5.85 billion. The Bank disbursed more than USD 100 billion between 2016 and 2023 through various interventions for the advancement of the continent.
Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure, (together, “the Group”).
For more information,
www.afreximbank.com
Executives Masterclass
08.30 – 09.00 Registration & Welcome Coffee/tea
09.00 – 09.20 Opening Remarks
Dr. Islam Azzam, Vice Chairman, Financial Regulatory Authority (FRA), Egypt
Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade Bank, Afreximbank
Mr. Hatem Samir, Chairman, Egyptian Factoring Federation
Mr. Çagatay Baydar, Chairman, FCI
09.20 – 09.35 Egyptian Macroeconomic and Regulatory Overview
The opportunites for factoring and supply chain finance
Mrs. Mariam Beshay, Chief Investor Relation Officer, GlobalCorp
09.35 – 09.55 Overview of the World Factoring Industry & FCI
Mr. Neal Harm, Secretary General, FCI
09.55 – 10.15 Success Stories on International Factoring Implementations
Mr. Çagatay Baydar, Chairman, FCI
10.15 – 10.55 Round-table Discussion between C-level executives and Industry Expert
Moderated by Mr. Neal Harm, Secretary General, FCI
Panelists:
• Mr. Ahmed El Kholy, CEO, Commercial International Finance Company
• Mr Ahmed Ossama, Managing Director, Drive Factoring
• Ms. Dyala Saeed, CEO, GlobalCorp
• Mr Ahmed Shaheen, CEO, Egypt Factors
10.55 – 11.25 Coffee/ Tea Break & Group Picture
Module I: Understanding Factoring
Factoring & SCF Definitions and Mechanisms, Variations and Characteristics, Islamic International Factoring
Mrs. Aysen Çetintas, Education Director, FCI
11.55 – 12.25 Factoring & SCF Key Benefits vs. other Trade Finance Solutions
Mr. Spyros Tsolis, Deputy Education Director, FCI
12.25 – 12.40 Credit Risk Undewriting and Risks Mitigation in Factoring
Mrs. Aysen Çetintas, Education Director, FCI
12.40 – 13.00 How much can a Factoring Software support and help my Operations Staff
• Mr. Laurent Tabouelle, CCO, Codix
• Mr. Eslam Ahmed, Business and Application Expert, Codix
13.00 – 14.00 Coffee Break
14.00 – 14.30 Panel on Operations efficiency with Tech Innovation for Cross-border Factoring Operations
Moderator Marius Savin, MD, Business Advice & Education
Panelists:
• Mr. Federico Avellán Borgmeyer, Chief Partner Officer, efcom
• Mr. Marwan El-Hibri, Senior Sales Consultant, Factoring & SCF, Qualco
Module II: Setting up Factoring Operations
14.00 – 14.30 Organizational and Functions set-up for Factoring
Factoring operational guide, Organisational chart and functions, key roles and responsibilities, address the business, credit, operational flows and controls, best practices.
Mr. Spyros Tsolis, Deputy Education Director, FCI
14.30 – 15.00 Afreximbank Factoring Strategy and Credit Solutions
Mr. Frederick Seidu, Senior Specialist, Afreximbank
15.00 – 15.30 Day Wrap-up & Closing Remarks
15.30 – 16.30 Networking Lunch
Module III: International Factoring solutions and variations
09.00 – 09.30 FCI Two-Factor System – Export – Import Factoring
Mr. Spyros Tsolis, Deputy Education Director, FCI
09.30 – 10.15 Direct Export Factoring – FCIreverse & SCF Variations
Mrs. Aysen Çetintas, Education Director, FCI
10.15 – 10.45 Challenges in setting up International and Domestic Factoring Activities
Mr. Nassourou Aminou, Regional Manager, FCI will interview Mrs Doaa Hafez, FCI Executive Committee Member and GM, Head of Technical Functions, Alternate Head of Int. Factoring, Egypt Factors, Egypt
10.45 – 11.15 Coffee/Tea Break
11.15 – 11.35 Navigating ICT Challenges in Financial Services: Solutions & Future Insights
Mr. Mohamed Hassan, Business Development Director, Trend Egypt for Systems S.A.E.
11.35 – 11.55 Panel on Opportunities and Benefits of SCF in Africa and the role to play by DFI’s
Mr. Nassourou Aminou, Regional Manager Africa, IFC, will be discussing with:
• Mr. Fahd Diouri, Operation Officer – Financial Institution Group, IFC
11.55 – 12.25 Legal and Regulatory Aspects in Factoring
Types of agreements overview, validity and perfection of assignment, notification letters, assignment clauses, filings, registrations, …
By Mr. Marius Savin, FinTech Advisor, Finwave
12.25 – 12.55 Panel on Credit Insurance & Factoring: a World of Synergies
Moderated by Mr. Richard Wulff, Secretary General, ICISA
Panelists:
• Mr. Noaman Ashour, Country Manager, Coface, Egypt
• Mr. Ahmed Rushdy Saad El Dein, Head of Credit Insurance, GIG, Egypt
12.55 – 13.10 Q&A
13.10 – 14.10 Lunch Break
Module IV: Factoring Case Studies and Best Practices
13.40 – 14.40 Sharing Factoring Best practise Case Studies – Domestic & International Factoring
By FCI representatives and local experts:
• Mr. Amr Badawy, Head of Legal Affairs, U Consumer Finance (ValU), Egypt
• Mrs. Doaa Hafez, GM, Head of Technical Functions, Alternate Head of Int. Factoring, Egypt Factors, Egypt
14.40 – 15.10 Open Discussions with Participants and Q&A
15.10 – 15.40 15.30 – 16.00 Day wrap-up, Satisfaction Survey & Closing remarks
15.40 – 16.40 Networking Lunch
REGISTRATION FEE
EGP 10,000 (EUR 190) for 2 participants per company
EGP 12,000 (EUR 230) for 3 participants per company
To register please click here.
REGISTRATION FEE INCLUDES
• Meeting package including conference facilities and hand-out conference documents
• Distribution of pre and post conference documents
• Group lunch, coffee breaks and refreshments
Travel and personal expenses are not included in the registration pack.
REGISTRATION DEADLINE
25 November 2024
INFORMATION
For all information, please contact Ms. Rabab El Hifnawy, Executive Director at the Egyptian Factoring Federation (EFF).
T: +20 1210 2312 60
E: relhifnawy@factoringfederation-eg.org
or FCI Secretariat: fci@fci.nl
In the event that a speaker cancels his participation, every effort will be made to find a replacement presenter of equivalent experience.
Programme details or the actual organization of the event is subject to changes depending on the number of participants. A final programme and confirmation will be sent to the participants 7 calendar days before the event.
10-11 December 2024 | 09:00 – 16:00 EEST
HYATT REGENCY CAIRO WEST
Km 22, Cairo – Alexandria Desert Road,Giza, 8655 Egypt
On 10-11 December 2024, FCI in collaboration with the Egyptian Factoring Federation (EFF) will host a Workshop on International Factoring for Northern Africa in Egypt, Cairo. This two-day agenda will feature international and local industry players presenting on topics such the world of Factoring, international factoring and success stories, digitalisation of the industry, highlighting, Supply Chain Finance, risk mitigation, the legal and regulatory requirements, export factoring, best practices, and so much more.
Your sponsorship at this event allows you to reach Nothern African factoring professionals and related industry professionals as well as those interested in entering the industry.
All sponsorships are awarded on a first come, first serve basis.
Diamond sponsors have the highest opportunity for visibility as their package
includes to be mentioned in partnership with for the event. It also includes a
solo 30 minutes speaking slot . Your sponsorship also includes a double space
in the break area to settle a booth and 2 roll up in the event hall.
Additional benefits: The opportunity to send a push message through the
event app, three times (once each day).
This option is available only to one sponsor.
The Diamond sponsorship package includes:
Gold sponsors have a great opportunity for high visibility as their package
includes a speaking slot of 10 minutes. Your sponsorship also includes a space
in the break area to settle a booth and 1 roll up in the event hall.
Additional benefits: The opportunity to send a push message through the
event app, twice.
The Gold sponsorship package also includes:
Silver sponsors have the opportunity for great brand awareness as their
package include a space in the break area to settle a booth. It also includes a
participation in a panel discussion.
Additional benefits: The opportunity to send a push message through the
event app, once.
The Silver sponsorship package also includes:
Silver sponsors have the opportunity for great brand awarBronze sponsors have the opportunity for good visibility at a low cost. Your
sponsorship also includes a space in the break area to settle a booth.
The Bronze sponsorship package also includes:
For more information or to reserve a sponsorship opportunity please contact Gwendoline de Viron at deviron@fci.nl or on +32 478 98 43 34 or Rabab ElHifnawy at relhifnawy@factoringfederation-eg.org or on +20 121 023 1260.
REGISTRATION FOR SPONSORSHIP OPPORTUNITY AT FCI Academy & EFF Workshop on International Factoring for Northern Africa10-11 October 2024, Cairo, Egypt
In the case that the event is cancelled, this contract will be cancelled and FCI will reimburse the feepaid.
Please don’t hesitate to contact us for any further assistance