AFRICA – FCI along with Afreximbank have announced the appointment of Mr. Nassourou Aminou as the new Regional Manager for Africa. The recruitment of the Africa Chapter Regional Manager is a joint effort of FCI and Afreximbank.

Mr. Nassourou Aminou is a Cameroonian and joins FCI with tremendous experience in factoring, credit insurance and IT support solutions for factoring and receivables finance. He was previously a consultant specializing in the development and implementation of factoring software in African countries. Before then he worked with Coface as Regional Head of Factoring Projects.

During this period, he launched the first factoring activity in West & Central Africa with ten commercial banks, combining credit insurance and technology coupled with their financing to support the growth of the factoring activities of these banks.

“I am delighted that Nassourou has joined the FCI team. As Africa is still in its infancy stage in terms of a developing factoring market, it requires the support of experienced professionals to promote factoring and its best practices,” FCI Secretary General, Peter Mulroy said.

“Nassourou will be close to factoring providers to assist them in launching the product. He possesses significant experience, skills and an abundance of enthusiasm, and we know that Nassourou will make a great addition to our team and support FCI and the Afreximbank in our mission to help spread factoring to all corners of the continent.”

Mr. Aminou who also worked as an auditor for PwC and other accounting firms in the region holds a master’s degree in Accounting and Finance from the Catholic University of Central Africa, Yaoundé, Cameroon.

“The FCI Africa Chapter will benefit a great deal from Nassourou Aminou’s experience. He will support the Bank and FCI’s efforts in promoting and creating much-needed awareness about factoring as well as its legal and regulatory advocacy work on the adoption of the Afreximbank Model Law on Factoring,”  Mrs. Kanayo Awani, Managing Director, Intra-African Trade Initiative at Afreximbank and Chairperson of the FCI Africa Chapter said.

“Aminou will help in capacity building and bespoke training to support emerging factors, regulators, lawmakers, and other stakeholders. The perennial challenge of the absence of payment and credit information resulting in the conspicuous lack of access to credit insurance, a key requirement for the growth of factoring, will be given prominence.”

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