WASHINGTON DC, United States of America, October 4, 2022, /African Media Agency/ — Fintech stakeholders from across Africa and the world will converge in Cape Town, South Africa for the 8th Africa Fintech Summit, November 2-4, 2022. The prestigious conference billed as Africa’s premier fintech event will be held at the Cape Town International Convention Center (CTICC).
November’s Cape Town edition promises to deliver robust and carefully curated community-focused experiences through plenary sessions, networking opportunities, keynote addresses, startup demos and exhibits, tour of the AlphaExpo Micro Accelerator 2022 ecosystem and pitch competition.
Over the past five years and seven editions, the Africa Fintech Summit has been an initiative to strengthen the fintech ecosystem by bringing global attention to the rapidly growing fintech sector in Africa, fostering intra-African partnerships and continents and providing a launch pad for innovative and impactful financing. service solutions.
Voted the most engaging event in the World Bank’s Spring Series, the Africa Fintech Summit is held twice a year, every April in Washington DC during the World Bank Group’s Spring Meetings and every November in a different African city, with the most recent editions. held in Addis Ababa, Ethiopia, Lagos, Nigeria and Cairo, Egypt.
The summits featured more than 100 high-impact plenary, closed-door and networking sessions. With over 4,000 in-person and virtual attendees and over 200 panelists representing over $4.5 billion in private equity and venture capital.
From facilitating policy creation, enabling knowledge sharing and launching strategic partnerships, the Africa Fintech Summit has always supported mind-building solutions to create a financially resilient and inclusive Africa. The startups also found the summit to be the perfect spark to start their journey through the Alpha Expo Micro Accelerator. Alumni of the program have raised over $200 million and include industry leaders such as Yellow Card, Market Force, PiggyVest, PayHippo, Asaak and others.
Africa Fintech Summit Cape Town follows a successful 7th Summit last spring, held in Washington DC during the IMF and World Bank Spring Meetings which brought together over 450 fintech stakeholders in person and online. The Cape Town summit will seek to replicate the results of previous editions and continue the ecosystem-building conversations that began in Washington in early April under the main thesis of the year: “the Africanization of global fintech”.
The Africanization of Global Fintech explores the growth of African fintechs and how their influence is expanding beyond the continent on the global stage, the growing attention of global investors to the sector, and other emerging and defining trends that put the African fintech space on the global map. Conversations at the summit will focus on fintech policy and regulation, cross-border payments and remittances, local tech talent, mobile money and interoperability, blockchain and crypto use cases -currency, corporate venture capital, intra-African trade, etc.
More than 60 fintech innovators, financial executives, investors, policymakers and government officials are expected to lead these conversations. Organizers expect panelists to include Tosin Eniolorunda, Founder and CEO, TeamApt, Shola Akinlade,
Co-Founder and CEO, Paystack, Wiza Jalakasi, Vice President of Global Merchant Business, Chipper Cash; Omosalewa Adeyemi, Global Head of Expansion and Partnerships, Flutterwave; Djiba Diallo, Senior Fintech Advisor, Ecobank; Miranda Perumal, Senior Director, Head of Digital Partnerships, Fintech and Ventures, Sub-Saharan Africa, Visa; Andres Perez and Lavina Ramkissoon, co-founders, Fintech Association of South Africa; and more.
Beyond the panel discussions and workshops, delegates have the option to register for an ecosystem tour of Cape Town on November 4, exposing delegates to South Africa’s thriving fintech and startup ecosystems. According to a report by Disrupt Africa, of the 490 tech startups operating in South Africa, fintech accounts for 30% (147), almost three times more than the closest competitor, e-commerce and retail technology. (50 startups).
South Africa has also consistently attracted the most funding from Southern African countries, having raised around $1.7 billion since 2019, which represents more than 95% of the funding raised by startups in the region, according to Africa, the Big Deal.
Speaking on the summit to be held in South Africa, HE Nomaindiya Mfeketo, Ambassador of South Africa to the United States said, “…The Africa Fintech Summit, having financial inclusion at its heart and enabling the underserved and underbanked population to benefit from affordable and convenient financial services through innovative technology services, is a very welcome initiative.I would like to welcome the AFTS Global Delegates to beautiful North Africa South and enjoy delicious conference tourism!”
“We are very excited to bring AFTS to South Africa, a global leader in banking and telecommunications services and one of the best African countries with the most advanced tech ecosystem hubs and sophisticated tech talent. We look forward to to welcome our global delegates and ecosystem players to Cape Town in November, and thus partnerships and collaborative initiatives are created for the Africanization of global technology,” said Zekarias Amsalu Dubale, co-founder of AFTS and founder and managing director of Ibex Frontier.
Don’t miss the opportunity to participate in Africa’s largest gathering of fintech entrepreneurs, regulators and investors. Tickets are still available on the Africa Fintech Summit website and are selling out fast. Use discount code AFTSCapeTown2022 to save 20% on registration.
Distributed by African Media Agency in partnership with Africa Fintech Summit
About the Africa Fintech Summit
AFTS is the first global initiative dedicated to the African fintech ecosystem. AFTS is traditionally hosted in Washington, DC each April during the World Bank/IFC Annual Meeting week and in a different African city each November (most recently Lagos, Addis Ababa and Cairo). The summit is taking place in a hybrid format, in-person at the selected venue in accordance with COVID-19 protocol and live global virtual delegates. The November 2022 summit will take place in Cape Town, South Africa.
Supported by an advisory board of thought leaders and fintech pioneers, AFTS is a unique space where innovative ideas are debated, investments mobilized, partnership agreements signed and collaborations formed across industries and geographies. AFTS is organized in partnership between companies based in Washington, DC, a strategic consulting group, Dedalus Global, and a pan-African consulting firm, Ibex Frontier.
Digital Engagement Strategist, AFTS
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Source: African Media Agency (AMA)