Kigali International Financial Centre organized its annual review webinar, “The State of Play of International Financial Centers: Collaboration or Competition”, featuring a panel of financial center leaders.
CFC was represented by Lamia MERZOUKI, Deputy General Manager of CFC and co-Chair of the UNDP Financial Centres for Sustainability (FC4S). “We are witnessing what we call ‘coo-petition’ among international financial centers, a mix between collaboration and competition”, said Mrs Merzouki.
As an African financial center, CFC has a co-development and co-emergence approach, rather than a competition mindset. Africa has a huge untapped potential and the only way to accelerate our development is to work together to leverage synergies and economies of scale.