Collaboration and Innovation Take Center Stage at AFTC 2024 to Accelerate Financial Inclusion in Emerging Markets

African Brands, an organization dedicated to promoting and supporting brand growth across the continent, will acknowledge the contributions of financial technology firms to financial inclusion in Africa at the upcoming fifth edition of the Africa Financial Technology Congress.

The event, with the theme ‘Harnessing the Power of Fintech to Accelerate Financial Inclusion in Emerging Markets’, is set to take place on July 31, 2024, in Lagos.

In a statement, the event organizers highlighted the significant growth of the African Fintech sector over the past decade, citing the existence of 1400 active fintech brands across the continent.

“The growth of the fintech ecosystem in Africa has been driven by favorable demographics, widespread mobile phone access, and low levels of internet financial inclusion across the continent,” the statement noted. “The African Financial Technology Congress 2024 aims to provide further insights into the advancements in Africa’s fintech sector.”

The congress will convene senior representatives from banks, government entities, investors, financial institutions, card providers, payment services platforms, blockchain executives, and solutions providers to collaborate on addressing key challenges and opportunities in the industry.

Additionally, the summit will include an award ceremony to recognize outstanding fintech brands that have excelled in delivering exceptional services.

“AFTC emphasizes that Fintech has the potential to drive significant economic growth in Africa, but stresses the importance of fostering a collaborative ecosystem among stakeholders,” the organizers commented.