3i Africa Summit sets stage for Fintech and Digital economic growth

May 13, 2024
3i Africa Summit sets stage for Fintech and Digital economic growth1

The highly anticipated 3i Africa Summit, aimed at advancing Africa's digital finance agenda by bringing together finance, policy, and technology stakeholders, kicks off Monday at the International Conference Centre. Organized by the (BoG), Development Bank Ghana (DBG), and the Monetary Authority of Singapore (MAS) subsidiary, Elevandi, the three-day event promises to be a pivotal moment in shaping Africa's digital future.

In the face of higher-than-projected registration characterised by a subsequent turnout of over 4,000 participants which is well above the initial target of 2,500, the organisers, the Bank of Ghana (BoG), Development Bank Ghana (DBG) and the Monetary Authority of Singapore (MAS) through its subsidiary, Elevandi, remain poised to deliver what they promised.

Over the three days, the participants will benefit from a multimodal forum for policy discussions, international intellectual resource alignment, entrepreneurial pursuits and investment networking.

This is expected to foster important conversations and also strategic alliances to nurture the flourishing African digital economy and fintech sector.
Through this coordinated effort, the Summit will support the development of creative solutions made especially to handle Africa's unique problems and take advantage of its wealth of prospects.

As expected, the 3i Africa Summit is bringing together key players in the financial, investment, policy-regulatory and digital technology domains in Africa. These include three Heads of State, and 10 Governors of Central Banks within and outside Africa, including the Bank of Ghana's Dr. , the 's Dr. Olayemi Michael Cardoso and the National Bank of Rwanda's Hon. John Rwangombwa.

In addition, there are over 150 Chief Executives and Senior Executives of FinTechs and Financial institutions across the globe, including Serigne Dioum, CEO of MTN Group Fintech, Dr. Patrich Saidu Contech, CEO of Africa Fintech Network, Saurav Bhattacharya, CEO of Proxtera, Conrad Kraft, Strategic Advisor, DigitalEuro Association, and Co-Founder and CFO, Tradelite Solutions, Mariame MacIntosh Robinson, President of Qenta Inc., Sopnendu Mohanty, Chief Fintech Officer at MAS.

Over the three days, the participants will engage in over 15 sessions with speakers and discussants contributing to over 60 topics aimed at finding the pathways that deliver the most traction in the drive to generate momentum and achieve progress in line with the Summit's theme: “Unleashing Africa's Fintech and Digital economic potential”.

The exciting series of sessions include “the Capital meets Policy Dialogue”, “Opening; Main Stage” on Day One with “Main Stage – Africa”, “Fintech for inclusion forum”, “3i Africa Dialogues on Digital Assets”, “Founders' Peak”, “the Deal Zone”, “Women in Tech Conference”, “Agriculture and Fintech Forum” and “Roundtable” on the second day. The third and final day offers “Smart SMEs and Digital Skills Forum”, “Digital Public Infrastructure”, “ESG Forum”, “Financing businesses, Accelerating Trade; Universal Trusted Credentials” and “Main Stage – Global”.

The topics for the three days will engender a dissection of the issues in order to bring to the fore solutions, ideas and channels to deliver the much-needed progress on the fintech front.

These include Interoperability of data; Digitalizing intra-Africa Trade, State of Fintech; Africa, Africa's Digital Economic Policy; Incentives, Infrastructure, Financing and Regulations and Skilling up, Stepping up; Building Africa's workforce with women and youth at the forefront.

Others are Sheconomics; Building a financial future for women with fintech, Seeding Innovation; The convergence of agriculture and fintech in Africa, Integrating fintech to de-risk agriculture value chains in Africa and Africa's Digital Renaissance, among others.

One thing is certain, however, that the 3i Africa Summit is not going to be a talk-shop.

The discussions, views and solutions over the three days will be packaged as recommendations, collaborative deals, progressive policies and projects to enable the unleashing of Africa's fintech and economic potential.

This will be shared with the rich assemblage of leaders in the finance, policy and digital technology space for implementation thanks to the efforts and commitment of the Bank of Ghana, Development Bank Ghana and the Monetary Authority of Singapore.

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