As group treasurer of Afreximbank, Chandi Mwenebungu FCCA works to keep Africa’s wheels of commerce turning. He says of the bank, which was born out of Africa’s 1980s debt crisis, ‘We provide the financing and the insurance to facilitate trade, but we also provide the finance for trade infrastructure. Anything that enables trade.’ Read about his journey, taking in roles in Botswana, Malawi, Scotland and now Egypt.
Another member playing a crucial role in her sector is Ghanaian-born Ekua Nkyekyer FCCA, FD at Victory Farms in Kenya, which is supporting low-carbon fish production across the continent. Find out how taking on the role at the fish farm meant working for a business that is actively beneficial to the communities it operates in.
Our columnist Okey Umeano this month puts forward his suggestions to mitigate negative impacts arising from the consolidation of Nigeria’s exchange rates. Among his recommendations to government are diversifying the country’s export base, and showing the people that it knows what they are going through and communicating a clear strategy for reducing the extra hardship brought on by the move.
There was good news this month with the ACCA Qualification attaining accreditation from South Africa’s Independent Regulatory Board for Auditors (IRBA) so that ACCA members have a route to attaining Registered Auditor status. From 1 April 2024, ACCA members with the right experience can register for IRBA’s Audit Development Programme, an 18-month process, which is its pathway to Registered Auditor status. Find out more.
For members in the public sector, we examine how the International Public Sector Accounting Standards Board is gearing up to develop sustainability standards based on those developed for corporates, focusing on governance, strategy, risk management, and metrics and targets.
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