A delegation of innovative Kenyan financial technology (FinTech) companies is gearing up to showcase their potential at the 3i Africa Summit in Accra, Ghana. The summit, scheduled for May 13-15, 2024, aims to accelerate Africa’s economic transformation through technology, sustainability, and investment.
“Unleashing Africa’s FinTech and Digital Economic Potential” is the theme of this year’s summit, organized by the Bank of Ghana (BoG), the Development Bank of Ghana (DBG), and Elevandi, a Singapore-based ecosystem development entity. Kenyan FinTechs have been actively preparing for the summit, engaging in consultative meetings with the BoG and DBG.
Opportunity for Growth and Collaboration
Ali Hussein Kasim, VP, of Eastern Africa for the FinTech Network, expressed enthusiasm, stating, “Platforms like the 3i Africa Summit… provide us with a unique opportunity to come together, share insights, and chart a course for the future of FinTechand the Digital economy in Africa.”
The 3-day summit promises policy discussions, investor matchmaking, innovation showcases, start-up workshops, and networking opportunities. It’s expected to attract over 2,000 key players in the financial services industry, including fintechs, banks, insurers, sovereign wealth funds, and policy leaders.
Focus on Open Technology Systems
PesaLink CEO Gituku Kirika emphasized the importance of African collaboration on technology infrastructure: “African countries need to collaborate on our technology stack to avoid the spread of closed-loop systems and ensure we can more affordably transact with anyone, anywhere, anytime.” He sees the 3i Africa Summit as a crucial platform for advancing continent-wide fast payment systems.
