This seminar focused on how financial services can effectively empower China-Africa private investment cooperation, providing an important platform for communication and cooperation for both sides. wonipay, as an invited party, actively participated in the seminar and discussed with representatives on financial needs, cooperation opportunities and challenges in the field of China-Africa private investment, aiming to contribute to the facilitation and sustainable development of China-Africa private investment through its experience and technology in financial services such as cross-border payments.
The seminar on Financial Services Boosting China-Africa Private Investment Cooperation was held in Hangzhou on August 28-29, 2025. As part of the 2025 annual conference of the China-Africa Private Investment Promotion Platform, the conference, with the theme of "Boosting Financial Vitality between China and Africa and Facilitating Business Investment in Africa", focuses on the pain points and difficulties of financial services in China-Africa private investment cooperation, gathers wisdom from multiple parties to break through and solve problems, and injects new impetus into the high-quality development of China-Africa economic and trade cooperation.
More than 100 financial and business representatives attended the conference. Representatives from domestic financial institutions such as the China-Africa Industrial Capacity Cooperation Fund, the China-Africa Development Fund, the Export-Import Bank of China, Bank of China, China Export & Credit Insurance Corporation, Ping An Bank and Chouzhou Bank, as well as from African financial institutions such as Standard Bank, First Bank of Nigeria, United Bank of South Africa and ABC Bank of Mauritius attended the meeting. The meeting focused on topics such as cross-border payments and exchange rates, investment and financing and African service networks, and the development and application of new payment services such as stablecoins, sharing practical cases in depth, analyzing industry challenges, and offering targeted suggestions. The meeting was chaired by Bai Xiaofeng, secretary-general of the China-Africa Civil Chamber of Commerce.
In the opening remarks, Wang Xiaoyong, the executive vice president of the China-Africa People's Chamber of Commerce, said that this seminar is the fourth one and an important event of the China-Africa Private Investment Promotion Platform in 2025. I hope all the participants will have a good time at the meeting and explore more opportunities for business links and cooperation after the meeting.
Wang Xiaoyong, executive vice president of the China-Africa Chamber of Commerce
In his speech, Huang Jinyuan, vice president of the China-Africa Industrial Capacity Cooperation Fund, shared the fund's practices in enhancing industrial chain resilience, conducting green energy investment, promoting manufacturing development in Africa, supporting medical, agricultural and livelihood projects, and exploring cross-border RMB investment and financing. Some suggestions for entrepreneurs to invest in Africa, including encouraging mining companies to deepen cooperation with African partners to jointly develop basic minerals; Guide enterprises to focus on the energy infrastructure sector and make green investments, etc. He said the China-Africa Industrial Capacity Cooperation Fund hopes to further deepen exchanges and cooperation with private enterprises, jointly cultivate the African market, and support private enterprises to move steadily and far in this vast African market with concrete actions.
Huang Jinyuan, vice president of the China-Africa Industrial Capacity Cooperation Fund
Mr. Zhu Xianhua, Chief Representative of ABC Bank Hong Kong in Mauritius, said that Mauritius, as an important financial hub connecting Africa and Asia, plays a unique role in China-Africa economic and trade cooperation. ABC Bank, leveraging Mauritius' geographical advantages and its own expertise in cross-border finance, foreign exchange management, trade finance, etc., can provide customized financial solutions for China-Africa private investment cooperation, help enterprises reduce cross-border transaction costs, avoid exchange rate risks, and build an efficient and convenient bridge for capital flow.
In his speech, Mr. Zhu Xianhua introduced the unique advantages of Mauritius as an important gateway for China-Africa economic and trade cooperation, as well as the practical experience of ABC Bank Mauritius in providing comprehensive financial services such as cross-border investment and financing, foreign exchange risk management, and trade settlement for Chinese and African enterprises based on its status as a local financial center. He said ABC Bank of Mauritius attaches great importance to cooperation with Chinese financial institutions and technology enterprises, and is particularly optimistic about innovative applications in cross-border payments. Through collaboration with enterprises such as wonipay, it further enhances the efficiency of capital flows between China and Africa, provides safer, more convenient and efficient financial support for China-Africa private investment cooperation, and jointly taps into the huge potential of the African market.
Zhu Xianhua, Chief Representative of ABC Bank Hong Kong, Mauritius
Mr. Wen Ping, founder and CEO of wonipay, said that Wonipay is committed to addressing the pain points and difficulties of cross-border payments between China and Africa through fintech means. Based on a deep understanding of the payment habits and policy environment in the African market, the company has successfully built a digital payment network covering major African countries and regions, which can provide one-stop cross-border payment solutions including multi-currency settlement, real-time remittance and intelligent risk control for China-Africa trade enterprises, investment institutions and individual users. In the future, Wonipay will strengthen strategic synergy with outstanding financial institutions such as ABC Bank of Mauritius to jointly explore applications in the field of cross-border payments in Africa, drive service upgrades through technological innovation, and contribute more to facilitating and scaling up private investment between China and Africa.
Wen Ping, founder and CEO of Wonipay
The meeting not only deepened entrepreneurs' understanding of financial services resources between China and Africa, but also built a bridge for practical cooperation between financial institutions and enterprises. Representatives of the participating enterprises expressed that they would take this meeting as an opportunity to further explore cooperation paths with financial institutions, jointly deepen the African market, and contribute to the high-quality development of China-Africa economic and trade cooperation.
