Press Release

Brazzaville, Republic of Congo | Tuesday, 10 May 2022

Congo’s Minister of Finance will speak at upcoming factoring conference organised by FCI and Afreximbank

FCI and African Export-Import Bank (Afreximbank) are proud to announce the confirmation of the presence of the Minister of Finance and Budget and Public Portfolio of the Republic of Congo at the upcoming Central Africa Regional Promotion Conference on Factoring. Mr Rigobert Roger ANDELY will deliver the Opening Remarks.

Mr. Rigobert Roger Andely is a Congolese statesman, central banker, and academic specializing in monetary and banking economics. He was respectively Vice-Governor of the Bank of Central African States from 1998 to 2002, then from 2005 to 2010, Minister of Economy, Finance and Budget of the Republic of Congo from 2002 to 2005, Chairman of the Board of Directors of the Banque sino-congolaise pour l'Afrique (BSCA) from 2015 to 2021, and Chairman of the Regulatory Council of the Autorité de régulation des marchés publics (ARMP) from 2011 to 2021.

The Central Africa Regional Promotion conference on Factoring will take place at the Grand Hotel de Kintélé in Brazzaville, Republic of Congo, on 12-13 May 2022. Supported by the National Office of the Bank of Central African States (BEAC) and Banque Postale du Congo, this event aims to strengthen regional knowledge and awareness of factoring in the Central Africa region. It will also provide an opportunity to raise awareness and understanding of the recently enacted factoring law in the Republic of Congo.

The two-day event will feature highly respected government officials, local industry players and experts from FCI and Afreximbank who will discuss several topics such as factoring and cross border factoring, factoring law, opportunities & challenges facing the receivables finance industry, the various available financing solutions & techniques, key requirements for setting up factoring activities, credit insurance as well as how factoring helps SMEs. The conference includes presentations, panel discussions and Q&A sessions.

To find out more and register today, visit the FCI website here.