Breakout 1
|
Saturday
|
10:15 am
Aldrich 108
Ecosystem Development

Telecoms vs. Fintech Startups: The Race for Financial Innovation

In the realm of Africa's mobile money evolution spanning the last seventeen years, telecom companies initially took the lead, steering growth and diversification. Yet, the narrative is shifting with the rise of fintech startups, who are evolving beyond mobile money infrastructure to value-add services like credit, insurance, savings, and connectivity across global borders. This transition has left telecom companies struggling to keep pace, raising questions about the sustainability of their traditional business models. The pivotal query revolves around whether the market's tilt toward these incremental financial services will challenge the established order. Fintech startups, considered catalysts for this transformation, are nudging telecom companies to revamp their mobile money operations into more agile fintech entities.

Telecoms vs. Fintech Startups: The Race for Financial Innovation

In the realm of Africa's mobile money evolution spanning the last seventeen years, telecom companies initially took the lead, steering growth and diversification. Yet, the narrative is shifting with the rise of fintech startups, who are evolving beyond mobile money infrastructure to value-add services like credit, insurance, savings, and connectivity across global borders. This transition has left telecom companies struggling to keep pace, raising questions about the sustainability of their traditional business models. The pivotal query revolves around whether the market's tilt toward these incremental financial services will challenge the established order. Fintech startups, considered catalysts for this transformation, are nudging telecom companies to revamp their mobile money operations into more agile fintech entities.

America/New_York
Feb 17, 2024 10:15 AM
Aldrich 108

Other Sessions

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Breakout 2
Saturday
|
11:25 am
Aldrich 107
Innovating in ClimateTech to Drive Sustainable Development
How innovation and investment in African ClimateTech is driving sustainable growth and competitiveness
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Innovating in ClimateTech to Drive Sustainable Development

Despite Africa contributing <4% of global greenhouse gas emissions, the continent and its people will be disproportionately affected by the impact of climate change. Innovative ClimateTech solutions are supporting not just emissions mitigation in growing African economies, but also supporting climate adaptation to make African businesses and communities more climate-resilient in the face of extreme weather events and shifting climate patterns. Our panel discussion will also highlight how these solutions are paving the way for economic growth and improving living standards. Join us for a thought-provoking conversation on how innovating and investing in African ClimateTech is driving sustainable growth and competitiveness.

America/New_York
Feb 17, 2024 11:25 AM
Aldrich 107
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Lunches
Saturday
|
12:25 pm
Aldrich 009
Sponsor Informational Lunch: Africa Finance Corporation
Sponsor informational lunch
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Sponsor Informational Lunch: Africa Finance Corporation

The sponsor informational lunch will include a company presentation and the opportunity to connect with some of the company's executives over lunch.

America/New_York
Feb 17, 2024 12:25 PM
Aldrich 009
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Breakout 1
Saturday
|
10:15 am
Aldrich 110
Demographic Dividend: Leveraging Africa's Growing Workforce in a Globalized World
Unlocking Africa's massive workforce talent both for the continent and on the global scale
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Demographic Dividend: Leveraging Africa's Growing Workforce in a Globalized World

Over the last decade, widespread debate has occurred over the opportunities and risks of Africa's fast-growing youth population and the implications which this will have on Africa's workforce. How do we unlock Africa's massive workforce talent both for the continent and on the global scale for decades to come? Are there other geographies which African leaders should be drawing inspiration from as they position their nations for a new era in an increasingly globalized workforce? As working populations become older in many Western nations and African nations experience a rise in youth talent, what implications does this have for the dynamic of global talent and migration? Finally, which sectors should Africa be prioritizing its talent development efforts in to ensure a well-balanced skills distribution?

America/New_York
Feb 17, 2024 10:15 AM
Aldrich 110