What is special about the next edition of the Africa Money & DeFi Summit?
This edition we have decided to devote to Fintechs and everything related to finance, banking, loans... The particularity is the focus on fintechs which constitute the most dynamic sector of the African ecosystem. We will therefore bring together in the same space all the players who revolve around this ecosystem. There will be Ghanaian and Rwandan banks...decision makers, startups, there will also be regulators, investors. The objective is to find a set of mechanisms that can facilitate the emergence of Fintechs.
Why the choice of Ghana?
We have been to Nigeria, to Kenya. There were many participants from other countries. The choice of Ghana is natural. It is a stable, calm country, with many security guarantees and a very welcoming people. In addition to this, Ghana has a very vibrant digital ecosystem with lots of great prospects.
After a sold-out edition in 2022, this edition will once again connect the leaders African fintech and cryptocurrency sectors with international players. This is to network and do business with leading companies in the fields of fintech, payments, decentralized finance, cryptography, Web3, digital loans, changes, digital identity, cybersecurity, insurance, mobile money, investors, start-ups, regulators and industry players.
What does this event teach us about the evolution of the fintech sector and its potential?
When we organized our first event, in 2006 or 2007, we were talking about $50,000. People were surprised, it was so big in their eyes. Today fintechs are raising millions of dollars. It’s an ecosystem that’s just ten years old. In the United States or Europe, they have been developed for years. However, in Africa the question of fintechs is still in its embryonic state. Today, 20 to 30% are really efficient. Which means that there are still efforts to be made. What is clear today is that a lot is going to happen in the fintech sector. It is now a matter of putting in place the framework that will allow us to make the most of it and draw out its full potential.
*Africa Money & DeFi Summit West Africa (AMDSGH), organized by Africa Tech Summit, is a leading fintech and Web3 conference that provides valuable insights and networking opportunities for the Pan-African Fintech ecosystem, from decentralized finance (DeFi) and Web3. Hosted in Accra, Ghana, AMDSGH brings together leaders in fintech, mobile network operators, banks, international investors, entrepreneurs, government officials, trade bodies, media and leading businesses to stimulate investments and foster commercial collaborations within the African Fintech and DeFi