Having successfully established a model for the establishment of national fintech associations in Africa, Fintech Association of Nigeria has achieved a new feat as it partnered the United Nations Economic Commission for Africa (UNECA) to launch the umbrella continental body.
Africa Fintech Network was formally launched at the 52nd Session of the UNECA Conference of African Ministers of Finance, Planning and Economic Development held in Marrakech, Morocco.
The launch of the network, which was one of the most prominent and well-attended side events at the conference, was co-hosted by President, FintechNGR, Dr. Segun Aina, and had in attendance the Executive Secretary of ECA, Dr Vera Songwe; Ugandan Minister of Finance, Planning & Economic Development, Twamuhabwa Wilson; a former Nigerian Minister for Communications Technology, Dr. Omobola Johnson; representatives of the African Development Bank; representatives of Africa Fintech Network member countries and other notable individuals from across the continent.
Songwe stated that the objectives of the network were critical to building the Africa we want and aligns with the commission’s digitalised continental goals.
According to her, “Africa Fintech Network holds the key to the digitalized Africa as all nations in the continent must join the Fintech in Africa agenda.”
Aina, President of Africa Fintech Network, said that the association was created to unify regulation, foster collaboration and shared development, support the attainment of continental goals such as Agenda 2063 and African Free Trade Area, Sustainable Development Goals as well as promote indigenous solutions for the peculiar challenges