The Financial Stability Board (FSB) Regional Consultative Group for Sub-Saharan Africa (RCG SSA) met on 20-21 February in Zanzibar, hosted by the Bank of Tanzania. The meeting brought together senior officials from central banks, financial authorities, and regulatory bodies in the region to discuss key financial stability topics.
The meeting, co-chaired by Lesetja Kganyago, Governor of the South African Reserve Bank, and Denny Kalyalya, Governor of the Bank of Zambia, covered a range of topics, including global and regional financial vulnerabilities, non-bank financial intermediation (NBFI), the impact of debt and foreign exchange market strains on financial stability, and the use of artificial intelligence (AI) in finance. Members also discussed the FSB’s 2026 work programme.