The DC/BR participates in the 4th Qatar Economic Forum

The fourth edition of the Qatar Economic Forum opened on Tuesday, May 14, 2024, in Doha, bringing together several key figures from the world of economics and finance, including the Director General of the Central Depository/Settlement Bank (DC/BR) of the West African Economic and Monetary Union (WAEMU), Mr. Birahim Diouf.  

The opening ceremony was presided over by Sheikh Mohammed Bin Abdulrahman Al-Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar, in the presence of his Malaysian counterpart, Dato' Seri Anwar Ibrahim.  

Scheduled to take place from May 14 to 16, 2024, this edition explores the challenges, issues, and opportunities of the global economy. Various panels address a range of topics, including "Investing for the Next Generation," which anticipates major economic and technological disruptions of the future.  

The theme "Strengthening Global Business Confidence" focuses on balancing government regulations and entrepreneurial freedom in industrial policy-making while aiming for long-term sustainable growth, increased employment, dynamic supply chains, and a positive business environment.  

Discussions will also cover artificial intelligence and the reinvention of the banking sector, as well as climate change. A key question arises: should central banks take a step back, or should they intervene and shape the future of finance powered by AI? Governors will share their perspectives on AI and provide updates on the fight against inflation.  

ABOUT DC/BR  

The DC/BR is a specialized financial institution of WAEMU, headquartered in Abidjan, Republic of Côte d'Ivoire. It is responsible for centralizing the custody of securities for its members, ensuring the successful settlement and delivery of transactions following stock market trades, and processing corporate actions.  

As a full member of the Association of National Numbering Agencies (ANNA), it oversees the securities coding process within WAEMU. The DC/BR was established in 1996 and officially began operations on September 16, 1998.