Arjun Vir Singh’s Post

Dr Twinemanzi Tumubweinee shared an intriguing perspective, stating that the ultimate goal of regulation should be self-regulation. He emphasized that rather than imposing strict regulations on technologies like AI, we should focus on managing them effectively, acknowledging that technology is always evolving. This approach encourages innovation while ensuring that we remain adaptable to change. Let's embrace the future with a mindset geared toward responsible management and self-regulation! #FITSPAConf2024 #FAFC2024 MoMo from MTN UG, United Nations Capital Development Fund (UNCDF), Interswitch East Africa, Standard Chartered, Sumsub, Centenary Bank, Creditinfo Group, BPC Banking Technologies, Equity Bank Uganda, gnuGrid CRB, iFortify, MoMo from MTN UG, Stanbic Bank Uganda, Bank of Uganda, The Innovation Village, DTB Uganda, Financial Sector Deepening Uganda (FSD Uganda), Yo Uganda LTD, Flutterwave, Raxio Data Centres, dfcu Bank, Roke Telkom, Centenary Bank, aBi - Agricultural Business Initiative, Zianah Muddu, Tina Byaruhanga, Absa Group, Josephine Olok, Africa Fintech Network, Henry Kevin Wava, Varghese Thambi, Haruna Mawanda, Doreen Lukandwa, Rashmi Pillai

"We have got to really send out a positive story about Africa" - Jeremy Awori, CEO of Ecobank Group, speaks about Africa 24’s role in promoting the continent's economic growth, innovation, and diverse opportunities to the global stage, helping to reshape perceptions and attract investment to the region. #Africa24 #Ecobank #JeremyAwori

"We have got to really send out a positive story about Africa" - Jeremy Awori, CEO of Ecobank Group, speaks about Africa 24’s role in promoting the continent's economic growth, innovation, and diverse opportunities to the global stage, helping to reshape perceptions and attract investment to the region. #Africa24 #Ecobank #JeremyAwori

Over 2 editions in the last 3 years, the #GlobalPaymentsInnovationJury Report, co-sponsored by Interswitch Group in partnership with The World Bank has consistently adjudged #Africa to be the 2nd fastest growing region for payments globally, only on #Asia's heels...   Now, if there were 2 prime words to describe our experience so far in Nairobi at the 2024 Africa Fintech Summit, these would be 'optimism' and 'renaissance', in spite of the upheavals from the recent market meltdown that has impacted global fintech (not in the least sparing fintechs in Africa from financing, operational and risk management dimensions!) in the last 24 months!   The expertise, energy and enthusiasm on days 1 & 2 have been thoroughly infectious, reiterating our long-held philosophy that the sustainable and defining solutions that would consolidate Africa's payments ecosystem will be championed from within 🔥   It's been a particularly delightful melting-pot for us; getting to re-connect and closely engaging existing partners & business relationships from Kenya🇰🇪, Uganda🇺🇬, DRC🇨🇩, Ethiopia🇪🇹 & Somalia🇸🇴 and also emerging prospects from our secondary catchment markets across the broader region, from Tanzania🇹🇿 and Rwanda🇷🇼 to South Sudan🇸🇸!🌍 Watch out for more exciting updates from day 3!🚀   #InterswitchXAfricaFintechSummit2024🤝🏼 #FinTechInEveryIndustry👨💻 #NeverS20P⏩ #DrivingIndustryThoughtLeadership💡 #InspiringAfricaToGreatness🌍

Stanbic And Ramani Partner To Endorse Domestic Trade. Stanbic Bank Tanzania has formed a strategic alliance with Ramani.io, a leading financial technology company, to improve local trade and expand financial inclusion in Tanzania. This collaboration combines Ramani's innovative technology solutions with Stanbic Bank's financial expertise to empower local entrepreneurs and streamline trade processes, thereby fueling economic growth. At the launch event, Fredrick Max, Stanbic Bank’s Head of Business and Commercial Banking stressed the crucial role of technology in enhancing financial inclusion and transforming domestic trade. He noted that the synergy between Ramani’s digital platforms and Stanbic Bank’s financial services is set to revolutionize the way trade is conducted in the country. Ramani CEO, Iain Usiri, added that their platform simplifies order management for distributors and enhances transparency in sales and inventory management, making it easier for Stanbic Bank to provide efficient loans. This partnership is a significant step towards digitizing Tanzania's value chains, addressing transparency issues that currently hinder the region's supply chains and financial accessibility. #StanbicBank #FinancialInclusion #Tanzania #FinTech #EconomicGrowth #DigitalTrade Photo: Fredrick Max with Iain Usiri | Stanbic Bank Tanzania.

"We have got to really send out a positive story about Africa" - Jeremy Awori, CEO of Ecobank Group, speaks about Africa 24’s role in promoting the continent's economic growth, innovation, and diverse opportunities to the global stage, helping to reshape perceptions and attract investment to the region. #Africa24 #Ecobank #JeremyAwori

Empowering Africa through digital innovation. Sanjay Rughani CEO of Standard Chartered Bank Uganda, shared powerful insights at the 4th edition of IBB on how digital solutions are transforming financial inclusion. From reducing transaction costs to expanding access for underserved communities, he emphasized the importance of policy reforms and a shift towards holistic financial growth in the digital era. Thank you for your invaluable Contribution to empowering professionals and the country. #IBA #IBA2024 #daressalaam #agalaforprofessionals

We are happy to announce a $25 million risk-sharing facility with Ecobank Sierra Leone to increase access to finance for ambitious businesses.   The private sector, which mainly comprises SMEs, is crucial to Sierra Leone’s economy providing employment for about 70 per cent of the population. Yet, access to capital is a challenge. This facility, the first investment through our Africa Resilience Investment Accelerator (ARIA) platform, will not only increase lending to businesses in critical sectors but also provide longer term loans in local currency.   It demonstrates BII’s ability to act as a first mover in frontier markets, navigating risk and working with partners to create impact. Samir Abhyankar, Admir Imami, Jo Fry, Alex Kucharski, Vivianne Infante, Wahid Ben Tanfous, Adeola Chetachi Adesola, Richard Woodhull, Dieu-Donne Gameli, Ecobank Transnational Incorporated, Foreign, Commonwealth and Development Office and Anneliese Dodds.   For the full details, click the link in the comments.   #BII #Ecobank #SierraLeone #PrivateSectorGrowth #ImpactInvestment #AfricaResilience #FinanceForDevelopment

Johannesburg, South Africa. Exposure-based workshop on: "Preparing Wegagen Bank for Foreign Bank Entry in to the Ethiopian Banking Sector." Today the The i-Capital Africa Institute in partnership with Genesis Analytics has started training the board members and executive management members of Wegagen Bank on the fundamentals, challenges, opportunities and best practices of foreign bank entry. This timely training comes as Ethiopia's central bank has gathered inputs from sector stakeholders and signaled that the finance sector will be opened up sooner than expected. The Wegagen Bank delegates will dive deep into the topics of: * Benchmarking Wegagen Bank in the Ethiopian and Regional Finance Sectors * Disruptions, Impact of Capital Market on Private Commercial Banks * Cloud Banking * Scenarios of Foreign Banks Enter and How Wegagen Bank can prepare to respond After the workshop, the delegates are scheduled to exposure visits to selected institutions in Johannesburg aimed at drawing on lessons and experiences from South Africa. East Africa Finance Summit [EAFS] #EthiopiaFinance #BankingSector #wegagenbank #ForeignEntry #GenticsAnalytics #iCapital

📈 [𝗥𝗢𝗨𝗡𝗗 𝗧𝗔𝗕𝗟𝗘] 𝗦𝗠𝗘 𝗳𝗶𝗻𝗮𝗻𝗰𝗲: 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝗴𝗲 ⚙️ Small and medium enterprises (SMEs) are the backbone of African economies, driving employment, innovation, and growth. Yet, the financial industry has often seen them as too risky or costly to serve, leaving immense market potential untapped. 🗜️ This Strategic Roundtable at #AFIS 2024 explores how digital channels, enhanced data analytics, and innovative partnerships are transforming #SME finance. With perspectives from commercial banks, fintechs, telcos, and regulators, this session delves into the future of inclusive financial services for African SMEs. 🎙️ 𝗠𝗼𝗱𝗲𝗿𝗮𝘁𝗲𝗱 𝗯𝘆: ✨ Dahlia Khalifa, Regional Director, Central Africa & Anglophone West Africa, IFC - International Finance Corporation 💡 𝗘𝘅𝗽𝗲𝗿𝘁 𝘀𝗽𝗲𝗮𝗸𝗲𝗿𝘀 𝗱𝗿𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗼𝗻: ✨ Larry Anderson, Head of Financial Institutions and Development Organisations, Zambia National Commercial Bank (Zanaco) PLC ✨ Carol Oyedeji, Group Executive Commercial Banking, Ecobank Transnational Incorporated ✨ Sandersen Erik, NORDFUND ✨ Joëlle HAZOUME ALAO, Partnerships and Business Development Director, Orange Money Group ✨ Abdulmajid M. Nsekela, Group CEO & Managing Director, CRDB Bank Plc ✨ Abdel Aziz El Nabi, CEO & Co-Founder, Catalyst Partner 💡 𝗞𝗲𝘆 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗯𝗲𝗶𝗻𝗴 𝗲𝘅𝗽𝗹𝗼𝗿𝗲𝗱: ✔️ What are the critical success factors for building effective SME finance partnerships in the digital age? ✔️ How can digital solutions for SMEs be scaled to diverse African markets? ✔️ What role can policymakers play in ensuring SMEs in rural areas benefit from digital finance? This session is a unique opportunity to hear actionable insights from leaders reshaping SME financing across the continent. #afis2024 #SMEfinance #digitaltransformation #africanfinance #partnerships