FMI gets global recognition
In a resounding acknowledgment of its commitment to fostering international investment and promoting economic growth in emerging markets – Zimbabwe in particular, Financial Markets Indaba (FMI) has been honoured with the prestigious title of “Global Financial Investment Conference of the Year 2023” at the MEA Markets – African Excellence Awards.
The awards ceremony, hosted by (Middle East and Africa) MEA Markets, recognises outstanding organisations and individuals who are making significant contributions to the business landscape in Africa.
FMI, renowned for its series of interactive investment forums and conferences held across the globe, stood out as a beacon of excellence in the financial world.
Through its collaborative efforts with governments and decision-makers, FMI has consistently highlighted the remarkable opportunities for international investment in dynamic frontier and emerging markets.
This approach, driven by thought leadership and productive exchange of ideas, has catalysed discussions on integrating regulatory frameworks with innovative strategies, business models, financial measures, and investment choices.
The impact of FMI’s efforts has been profound, driving investor interest in crucial sectors such as capital markets, banking and financial services, mining and minerals, and energy.
Through partnerships and initiatives like the annual Capital Markets Awards, the Capital Markets High Schools Quiz Competition and the Climate Change Conference in partnership with our sister paper the Business Weekly, FMI is committed to broadening access to financial markets.
These programs not only celebrate institutional achievements but also encourage financial literacy among students, nurturing a generation that understands the importance of savings and investments.
Guided by the leadership of Managing Director Patrick Muzondo, who boasts over a decade of experience in the financial and capital markets sector, FMI has orchestrated more than fifty investor events in the past eight years.
These events, designed to bring together global institutional investors, corporate leaders, industry experts, and the diaspora, have played a pivotal role in mobilizing investments and fostering a culture of informed financial decision-making.
“FMI aims to promote the development of African capital markets by engaging in a multi-faceted approach that addresses various challenges while leveraging opportunities with the aim to facilitate investment, encourage local participation on stock exchanges and advance financial literacy programs that can widen the investor base by tackling challenges that limit the development and integration of African capital markets, which are essential for economic growth and poverty reduction,” said Mr Muzondo who also received the Zimbabwe Achievers Award for Services to Business and Community Development.
One of its recent successes was the Capital Markets Conference held at the London Stock Exchange and the QE11 Conference Centre in Westminster.
The event emphasised the pivotal role played by capital markets in economic development, with luminaries including Finance and Economic Development Minister Professor Mthuli Ncube delivering keynotes. Representatives from prominent institutions like the Zimbabwe Investment Development Agency (ZIDA) and the Victoria Falls Stock Exchange (VFEX) participated at the event.
Building on this momentum, FMI is poised to host additional Capital Markets Conferences in Johannesburg and Cape Town later this year, reaffirming its commitment to fostering economic growth and development.
Moreover, FMI’s involvement as event partners in the upcoming African Natural Resource and Energy Investment Summit in Abuja, Nigeria, further showcases its dedication to championing just and equitable transitions toward cleaner energy systems.
Beyond its conference initiatives, FMI actively pursues the development of African capital markets through multifaceted approaches aimed at overcoming challenges and harnessing opportunities.
By encouraging local participation in stock exchanges, promoting financial literacy programs, and addressing barriers to market integration, FMI envisions a future characterized by robust economic growth and poverty reduction across the continent.
As a unit of Emergent Capital Management, which is licensed and regulated by the Securities and Exchange Commission of Zimbabwe, FMI continues to shine as a trailblazer in the realm of financial investment and economic development.-herald
