Africa Financial Inclusion Summit successfully hosted in Cape Town

The summit seeks to accelerate and deepen financial inclusion in Africa and specifically targets the underserved markets and communities through innovative financing and technological interventions.

Some of the speakers and delegates pose for a group photo with the organisors at the end of the two day summit.

The much-anticipated Inaugural Africa Financial Inclusion Summit and Expo was successfully hosted at the Sun Square, City Bowl Hotel in Cape Town, on the 14th and 15th March 2024 bringing delegates and speakers from across sub-Saharan Africa and beyond. The summit seeks to accelerate and deepen financial inclusion in Africa and specifically targets the underserved markets and communities through innovative financing and technological interventions.

Some of the key barriers to financial inclusion identified, such as financial literacy, technology, infrastructure, unemployment, and regulatory and policy frameworks, were top of the list for most speakers and presenters.

The two-day event attracted over a hundred delegates and more than forty speakers drawn from across the African continent and the USA. A number of African countries were represented including South Africa, Zambia, Zimbabwe, Botswana, Namibia, Angola, Cameroon, Senegal, Kenya and Nigeria in addition to representatives from the USA, China and France.

Panelists speaking during a panel session on financial literacy at the summit.

Speaking at the end of the two-day summit partly sponsored by Old Mutual’s Black Distributors Trust, Mr Stephen Munyao who is also the convener and Chair of the organising committee, said “ …financial inclusion is critical for social economic development, poverty alleviation and job creation and can lead to the achievement of most of the sustainable development goals.”

The organising committee will now focus on staging the event in Johannesburg, South Africa as well as similar events in Kenya and Nigeria later in the year.