The 9th Africa Fintech Summit to Spotlight the US-Africa Tech Connection, Fintech Regulatory Best Practices
The 9th edition of the Africa Fintech Summit (AFTS) is scheduled to take place in Washington DC, USA on 12 April 2023 and will bring together key stakeholders including regulators, policy makers, finance and technology industry leaders, Fintech founders, leading innovators, investors and government representatives from around the world.
The event will be held at the Walter E. Washington Convention Center, which previously hosted the US-Africa Leaders Summit in December 2022.
The summit is a premier global initiative focused on promoting the growth of financial technology in Africa, with participants representing over $4.5 billion in private equity and venture capital funding.
It provides a unique platform for stakeholders to share knowledge, explore new trends and opportunities and shape the future of fintech in Africa.
The biannual summit takes place every April in Washington, DC, in conjunction with the World Bank/IMF spring meetings, and every November in a different African city.
Recent host cities include Cape Town (2022), Cairo (2021), Virtual (2020), Addis (2019) and Lagos (2018).
The show is supported by a number of influential fintech firms, such as Flutterwave, Mojaloop Foundation, FonBank, Paxful and more.
Now, in the latest development, Prosper Africa, the US government’s initiative to promote two-way trade and investment between the US and African nations, has been named Gold Sponsor of the 2023 Africa Fintech Summit.
US President Joe Biden had previously mentioned that he had recognized the growth potential of Africa’s technology sector and launched the Digital Transformation with Africa (DTA) initiative to improve digital access and literacy across the continent.
Prosper Africa has partnered with the US Agency for International Development (USAID) to establish the Prosper Africa Tech for Trade Alliance, which was announced during the Business Forum on 14 December.
The upcoming summit will focus on several areas such as the US-Africa technology nexus, regulatory best practices for fintech, diaspora banking and remittances, the global expansion of African fintech, the movement of cross-border payments and examples of decentralized finance use cases (Defi), fintech funding trends, cross-border payments in relation to the African Continental Free Trade Area (AfCFTA), and a host of other topics of interest.
