Warwick African Business Society

We’re proud to announce our first in-person speaker event in collaboration with Warwick Finance Societies ! ‘Navigating Careers in Finance: Secrets from Top Industry Professionals’. Join us on 10th March for an exclusive panel discussion featuring top finance experts from J.P. Morgan, Wells Fargo, and Goldman Sachs, as they share invaluable insights on breaking into the industry, career progression, and the future of finance. ??Special Networking Opportunity Stay for an exclusive networking session, where you’ll have a rare opportunity to engage 1-on-1 with senior speakers and establish connections that could set you apart in your applications to some of the world’s most prestigious investment banks. ?? Monday | 10th March ?? FAB 0.08 What to expect? ? Exclusive career advice from senior leaders in Global Markets, Investment Banking, and Sales ? Insights into Africa’s financial landscape and global career opportunities ? A networking session designed to help you make a lasting impression on industry professionals Don’t miss this career-defining opportunity! Come ready to learn, engage, and expand your network. See you there! #WABS #WarwickFinanceSocieties #financecareers #networking #WarwickUniversity #investmentbanking

?? Join Us for Our First (out of 4) Sector Workshop! Finance Workshop: Unlocking the Potential of African Capital Markets Curious about how startups in Africa secure funding and scale in rapidly growing markets? Ready to gain foundational knowledge, skills and expand your network with top professionals? This is the event! What do you gain? ? Master the Fundamentals of Startup Financing /VC: Discover how businesses raise capital and drive financial growth within African markets. ? Exclusive Investment Banking Networking Opportunity: Work in teams to solve a live business case study! Winners will earn exclusive access to a networking session with leading African professionals from top global investment banks (TBA). ? Connect with the WABS Exec Team: Meet our Sector Heads, get to know fellow members, share your ideas, and engage with like-minded students passionate about African business and finance. ? Stand Out in Your WABS 25/26 Exec Team & 24/25 Freshers’ Rep Applications: Stand out your visibility for next year’s WABS Exec Team and this year’s Freshers’ Rep applications—attendance & industry knowledge gives you an edge! ? Enhance Your Personal Career Applications: Demonstrate niche commercial awareness, emerging markets and startup financing/VC knowledge in your internship/graduate role interviews — stand out ?? Date: 24th February 2025 ?? Time: 6:00 PM – 7:30 PM ?? Location: Ramphal Building, R1.04 ?? Spots are limited—mark your calendar and bring your best ideas! Hosted by: Sem Kohyrelon & Saron Sium | Heads of Finance, WABS #WABS #Finance #warwickuniversity #AfricanCapitalMarkets #venturecapital #CareerGrowth

WABS presents your Weekly Market Updates: Visa has made a strategic investment in Nigerian fintech Moniepoint, a leading payment platform processing over 1 billion transactions monthly, with a total payment volume exceeding $22 billion. This partnership aims to accelerate financial inclusion by equipping small and medium-sized enterprises (SMEs) across Africa with improved access to digital payment solutions, fostering innovation in the region. Backed by $20 billion in sovereign bonds, the African Development Bank is set to finalise the African Financial Stability Mechanism to safeguard economies against debt crises. The facility will provide liquidity support, refinancing options, and macroeconomic stabilisation funds, mitigating financial vulnerabilities across the continent. LemFi has acquired the Irish currency exchange platform Bureau Buttercrane, securing a European license to streamline remittance services for Africans abroad. This acquisition strengthens LemFi’s position in Africa’s $100+ billion remittance market, enabling seamless money transfers from Europe to key destinations such as Nigeria, Ghana, and Kenya. By expanding its cross-border payment capabilities, LemFi aims to simplify transactions and improve financial access for Africa’s global diaspora. Backed by $20 billion in sovereign bonds, the African Development Bank is set to finalise the African Financial Stability Mechanism to safeguard economies against debt crises. The facility will provide liquidity support, refinancing options, and macroeconomic stabilisation funds, mitigating financial vulnerabilities across the continent. Join Warwick African Business Society to benefit from exclusive updates on the African markets each week! #WarwickAfricanBusinessSociety #WABS #WarwickUniversity #WarwickBusinessSchool #Business #Career #EmergingMarkets #AfricanCapitalMarkets #FutureLeaders #Finance #Entrepreneurship

WABS presents your Weekly Market Updates: South African insurtech startup Naked secures $38 million (R700 million) in Series B2 funding—its largest raise to date. This landmark achievement highlights the company’s rapid growth since its 2018 launch, standing out in a sector that has seen subdued activity in recent years. Naked aims to revolutionise the insurance industry by processing all sales without human intervention—a feature that sets it apart from traditional South African insurance providers. C?te d’Ivoire is on track to further reduce its fiscal deficit this year, reflecting the success of reforms aimed at boosting domestic revenues and improving public spending efficiency. The IMF projects that the fiscal deficit will fall to 3% of GDP in 2025, down from 4% last year, 5.2% in 2023, and 6.8% in 2022. These fiscal improvements are expected to foster a more stable economic environment in C?te d’Ivoire, driving foreign investment growth and business activity. Join Warwick African Business Society to benefit from exclusive updates on the African markets each week! #WarwickAfricanBusinessSociety #WABS #WarwickUniversity #WarwickBusinessSchool #Business #Career #EmergingMarkets #AfricanCapitalMarkets #FutureLeaders #Finance #Entrepreneurship

WABS presents your Weekly Market Updates: Nigerian billionaire Bayo Ogunlesi, a senior managing director at BlackRock, whose company, Global Infrastructure Partners (GIP) was acquired for $12.5 billion, is set to bring extensive experience in infrastructure investment and global market strategy to OpenAI’s 2025 outlook. Italy and Tunisia finalised the two year deal on the 16th January with Italy pledging €400 million to support development initiatives focused on energy transition and the advancement of renewable energy sources. This commitment marks a significant increase, doubling Italy’s previous financial engagement from the 2021-2023 agreement. BRICS was initially established in 2009 by Brazil, Russia, India, and China, with South Africa joining in 2010, as a counterbalance to the G7 leading industrialized nations. With Nigeria being Africa’s largest economy, this partnership is intended to bolster BRICS’ influence on global economic policies and create new trade opportunities. In a statement issued by the Brazilian government on Friday, Nigeria’s inclusion was described as a move to “play an active role in strengthening South-South cooperation and reforming global governance.” Join Warwick African Business Society to benefit from exclusive updates on the African markets each week! #WarwickAfricanBusinessSociety #WABS #WarwickUniversity #WarwickBusinessSchool #Business #Career #EmergingMarkets #AfricanCapitalMarkets #FutureLeaders #Finance #Entrepreneurship

WABS presents your Weekly Market Updates: ? The Gulf Countries become Africa's biggest investors, with Emerati businesses investing a total of $110 billion over the last four years, with $72bn being focused on renewable energy. UAE investments more than doubled that of those from the UK, France or China, as African leaders have welcomed the UAEs financial interest, particularly for green energy and infrastructure. ? Nigeria and the United states reach agreement to repatriate approximately $52.88 million in assets forfeited by former Nigerian oil minister Diezani Alison-Madueke bolstering supplies of scarce Forex reserves. Lateef Fagbemi, attorney-general of the federation and minister of justice, confirmed this at a formal signing ceremony between the two nations, stating that $50 million of the recovered assets would be allocated through the World Bank to fund rural electrification projects, while the remaining $2 million would be utilised by the International Institute of Justice to support anti-corruption initiatives. ? African Speciality Risk (ASR) has announced the launch of the first African focused Lloyd’s partnership, ‘Baobab’, which will offer up to $21 million in insurance capacity, across sectors including property, energy and liability. The Baobab partnership began operations on January 1st aiming to expand Lloyd’s 2% African market share through regional expertise and robust distribution methods. ASR has already de-risked $28 billion in assets across 63 African nations and holds plans to add more partners across the region in 2025. Join Warwick African Business Society to benefit from exclusive updates on the African markets each week! #WarwickAfricanBusinessSociety #WABS #WarwickUniversity #WarwickBusinessSchool #Business #Career #EmergingMarkets #AfricanCapitalMarkets #FutureLeaders #Finance #Entrepreneurship

Welcome to Warwick African Business Society (WABS)! We are thrilled to introduce the newest business society at the University of Warwick, dedicated to empowering Africa’s next generation of business leaders. Our mission is to equip our members with the industry insights and practical knowledge necessary to navigate success within Africa’s dynamic, fast-growing business landscape. Over the coming academic year 24/25, expect to hear exclusive industry insights and gain unparalleled networking opportunities from Africa’s biggest game changers themselves. At WABS, we currently focus on 4 key sectors shaping the continent’s future: ?? Finance – Exploring opportunities in Banking & Capital Markets. ? Energy – From Oil & Gas to renewables, we explore Africa’s evolving energy landscape. ?? Real Estate – Unlocking potential property development and project investment. ?? Technology – Diving into the innovations fueling Africa’s digital revolution, from AI to blockchain, to technological infrastructure. Here’s how you can get involved: ??Attend Our Workshops: Learn directly from our Sector Heads in sector-specific sessions. ??? Join Speaker Panels: Gain insights from Industry Leaders and firms. ?? Network with Us: Attend professional networking events and socials, including debates and member drinks. ?? Stay Informed: Receive our monthly industry reports, packed with the latest trends and market updates across finance, energy, real estate, and technology. Follow and Connect with us on Instagram and LinkedIn for updates, events, and exclusive market insights: https://lnkd.in/edNp4apR #WarwickAfricanBusinessSociety #AfricanBusiness #EmergingMarkets #WarwickUniversity #FutureLeaders #WarwickBusinessSchool #GlobalMarkets #Finance #Entrepreneur