FinTechs in Kenya Set Date to Host Africa FitTech Festival

The Enashipai Resort in Naivasha will host the Africa Fintech Festival (AFF) from 12th to 15th June, 2024.

Pan African Fintech Ecosystem will converge to explore the opportunities and challenges of fintech in Africa.

Africa is the world’s fastest-growing region for fintech revenue, with a projected annual growth rate of 32% until 2030.

This revenue is projected to hit a record market value of $65 billion, according to a recent report by the Boston Consulting Group (BCG) and QED Investors.

The AFF, organized by the Association of FinTechs in Kenya (AFIK) in collaboration with Africa FinTech Network (AFN), will feature Tech Enthusiasts, Banking Leaders, Fintech Solution Builders, CEOs and Founders.

Also Read: Africa’s fintech market to reach Ksh.9.1 trillion in revenue by 2030, says new study

They will share their experiences on how to leverage innovation, collaboration and technology to address the continent’s most pressing challenges.

Some of the key thematic areas that will be discussed at the AFF include green finance, policy and regulation, and capacity development for regulators in fintech and agri-tech.

“The Africa Fintech Festival is not just an event; it is a testament to the dynamism and potential that permeates throughout the continent’s FinTech eco-system.

It’s a celebration of creativity, resilience and the transformative power of technology to drive socio-economic progress,” said Ali Hussein Kassim, AFN VP-EA and Chairman of the AFIK board during AFF’s media launch event at the Sankara Hotel in Nairobi.

Sebie Salim of software solutions company Eclectics called for inter-sector partnerships within the financial technology field.

She challenged start-ups to forge relationships across the specific fields they operate.

“We have people in cross-border payments, credit and cloud computing, we need to think of how to work together,” said Salim.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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