The Financial Stability Board (FSB) Regional Consultative Group for Sub-Saharan Africa (RCG SSA) met on 23–24 October 2026 in Maseru, Lesotho, hosted by the Central Bank of Lesotho. The meeting brought together senior officials from central banks, financial authorities and regulatory bodies in the region to discuss key financial stability topics.
Co-chaired by Lesetja Kganyago, Governor of the South African Reserve Bank, and Denny Kalyalya, Governor of the Bank of Zambia, the meeting covered a range of issues, including:
- Global and regional financial vulnerabilities, including the transmission of global policy uncertainty and economic fragmentation to the region.
- Regulatory and supervisory modernisation and the applicability of the FSB’s proposed principles in the Sub-Saharan African context.
- Climate-related data gaps and insurance protection gaps.
- The cybersecurity and financial stability implications of artificial intelligence and quantum computing.
- Regional priorities in view of the FSB’s 2027 work programme.
Members also discussed cross-RCG coordination and key messages from the Sub-Saharan Africa region to the FSB Plenary.