Amsterdam, January 4, 2021. FCI in collaboration with Afreximbank announce the appointment of Mr. Nassourou Aminou as the new Regional Manager for Africa. The recruitment of the Regional Manager for the African Chapter is a joint effort of FCI and Afreximbank. Mr. Nassourou Aminou is Cameroonian and joins FCI with extensive experience in factoring, credit insurance and IT support for factoring and receivables financing. He was previously a consultant specializing in the development and implementation of factoring software in African countries. Previously, he worked for Coface as Regional Factoring Project Manager.

During this period, he launched with a dozen commercial banks the first factoring activity in West and Central Africa, combining credit insurance and technology to help expand the factoring activities of these banks. Mr. Aminou, who has also worked as an auditor for PwC and other accounting firms in the region, obtained a Master's degree in accounting and finance from the Catholic University of Central Africa in Yaoundé, Cameroon.

FCI General Secretary Peter Mulroy said: “I am delighted to have Nassourou join the FCI team. As Africa is still at the very beginning in terms of factoring market development, it needs the support of experienced professionals to promote factoring and its best practices. Nassourou will be close to factoring suppliers to help them launch the product. He has the necessary experience and skills in addition to being very enthusiastic. We are confident that Nassourou will be a great addition to our team and to FCI and Afreximbank in our mission to help roll out factoring to every corner of the continent.”
Ms. Kanayo Awani, Managing Director of Afreximbank's Intra-African Trade Initiative and Chair of FCI's African Chapter added, “FCI's African Chapter will benefit from Nassourou Aminou's experience. It will support Afreximbank and FCI in their efforts to promote and raise awareness on factoring as well as their legal and advocacy work on the adoption of the Afreximbank Model Law on Factoring. Mr. Aminou will assist in capacity building and customized training to support emerging factors, regulators, legislators and other stakeholders. The ongoing challenge of the lack of information on payment habits and credit resulting from the significant lack of access to credit insurance, an important condition for the evolution of factoring, will be paramount.”