The African Fintech Summit, the continent’s most important fintech gathering, is set to convene for its 10th annual event, scheduled for November 2-3, 2023, at the Ciela Resort in Lusaka, Zambia. This year’s summit promises to be the largest and most impactful ever, as it will bring together industry leaders, innovators, investors and policymakers to chart the fintech path across Africa.
With the fintech landscape in Africa evolving at an unprecedented pace, this year’s summit is expected to exceed all expectations. This year’s theme at AFTS is “Fintech in Every Sector”, which focuses on fintech applications and innovations and areas where financial technology can improve efficiency, profitability and transparency in the public and private.
Organizers have organized an exciting range of activities designed to inspire new conversations around this theme, spark collaboration for increased growth and chart a possible future for fintech innovation on the continent.
Prepare to dive into the heart of fintech innovation with thought-provoking panel discussions. Top experts and industry leaders will share their views on the latest trends, challenges and opportunities in African fintech.
These discussions will serve as a forum for participants to explore various topics, such as blockchain, digital payments, financial inclusion, and more. Some of the key sessions to look forward to include:
Focus on Zambia: Fintech and digital transformation
Zambia has embarked on a digital transformation journey focused on creating an inclusive digital economy, following an April 2022 report revealing that Zambia has a digital economy score of 45% and a digital divide of 47, meaning 47% of Zambians are not digitally included. This panel brings together policy makers, industry experts and private sector players to provide insight into the strategies, policies and initiatives Zambia is using to achieve its digital transformation goals and the role fintech could play .
- Chilikwa BandaPresident, Zambia Digital Finance Association
- Vincent MalekaniMastercard Country Business Development Director, Zambia
- Clement SinyangwePresident – ICT Association of Zambia (ICTAZ))
- Lukonga Lindundaco-founder and executive director, BongoHive
- Chilufya Mutaleco-founder and CEO, PremierCredit
- Brett MagrathFounder, Zoona and Product Manager – Cash Shredder
- Chipili SalatiPartner – Corporate, Finance & Commercial Transactions, MMLP
Investing in Fintech amid a slowdown in global investment
2022 and early 2023 have been referred to by some as a “deep venture capital freeze”, with global venture capital investment declining for the year. sixth consecutive quarter in the second quarter of 2023. This session brings together technology investors from different backgrounds and stages to better understand what is happening in the investment landscape in the fintech industry in Africa and what to expect in the future.
- Margaret O’ConnorPresident, Launch Africa VC
- Dolapo AgbajeDirector, APIS Partners
- Philani MzilaInvestment Director, Founders Factory Africa
- Hangwi MuambadziAfrica manager, CommerzVentures
- David AfolayanCo-founder and Chief Content Officer, TechNext
Securing payments and banking against fraud and money laundering through technology and regulation
Financial fraud has become an existential threat to digital payment service providers who consistently deploy proportionate technological security measures, including AML/KYC/UBO checks, to protect consumers and comply with regulatory guidelines. This panel brings together experts who provide insight into the steps Fintechs are/should be taking to manage risks and comply with regulators.
- Miranda PerumalFounder and CEO, Scale (Ex Visa Executive)
- Wiza JalakasiDirector of African Market Development, EBANX (former Vice President of Chipper Cash)
- Dustin StrydomHead of Account Management, Smile ID
- Bankole Faladehead of regulatory affairs and government relations, Flutter Wave
- Kirsten WortmannRegional Director, Sub-Saharan Africa, Paymentology
The ripple effect of these roundtables can extend far beyond the event itself. For example, the event has so far raised over $100 million. The knowledge gained, ideas shared and connections made during these sessions can generate positive change within the fintech ecosystem and drive financial inclusion, economic growth and technological advancement across Africa.
The summit provides attendees with multiple opportunities to interact with fintech professionals, pioneers, investors and government officials. From exclusive VIP dining to casual coffee breaks, every moment is designed to foster meaningful connections.
The list of participants for this year’s event is larger and more diverse than ever. Attendees can expect to connect with stakeholders from the organizations represented at the summit, including:
- The Office of the President of the Republic of Zambia
- Ministry of Technology and Science, Zambia
- Flutter Wave
- Payroll stack
- Cash Shredder
- Pan African Payment Settlement System (PAPSS)
- Yellow card
- Amazon Web Services
- Launch Africa
- Founders Factory Africa
At #AFTSLusaka2023, networking isn’t just a formality; it is a springboard for future collaborations that could revolutionize the fintech landscape.
#AFTSLusaka2023 is expected to provide various opportunities for participants to immerse themselves in the African fintech ecosystem. With a guided tour of the Zambian fintech ecosystem, participants will explore local innovations and startups shaping the industry.
The 6th AlphaExpo Micro-Accelerator and Pitch Competition, which will take place at the event, is an ecosystem initiative designed to support early-stage startups by allowing them to pitch at the Africa Fintech Summit, demonstrate their products, meet potential investors, partners, and customers, and win growth-enhancing awards.
AlphaExpo program alumni have raised more than $200 million since participating and include industry leaders such as Market strength, Yellow Card appAsaak, Piggyvest, ArifPay, Payhippopotamus, and many more. This year, the program will give up to 15 African startups the opportunity to attend, exhibit and pitch at #AFTSLusaka2023 as VIP delegates.
The Africa Fintech Summit Lusaka 2023 elevates the debate on financial innovation on the continent. From thought-provoking panel discussions with industry titans to exclusive networking opportunities that pave the way for game-changing partnerships and a spotlight on Zambia’s dynamic fintech ecosystem, culminating with the AlphaExpo Pitch competition that celebrates innovation in all sectors, this summit represents a deep dive into innovation. on the continent and highlights the fundamental numbers and ideas shaping the future of fintech in Africa.
Don’t miss the opportunity to attend the Africa Fintech Summit Lusaka 2023 – where ideas flourish, connections thrive and the future of fintech in Africa is shaped!
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