Zekarias Amsalu, Founder and Managing Director of IBEX Frontier LLC, and Leland Rice, CEO of Dedalus Global LLC, signing an MoU to jointly organize and execute the Africa Fintech Summit in Addis Abeba on November 21, 2019.

Africa Fintech Summit set for Addis in Nov

ADDIS ABABA – Innovators, investors, and policymakers from around the world are set to gather in Addis Abeba for the Africa Fintech Summit on November 21, 2019.

The bi-annual Africa Fintech Summit (AFTS) summit occurs each April in Washington, D.C., and each November in a different African city, with Addis Ababa chosen this year.

The AFTS Advisory Board unanimously chose Addis Abeba as the 2019 host city in recognition of its rapidly growing economy, and ambitious reform agenda that includes partial privatization of the national telecom monopoly and more.

The 4th edition of AFTS will focus on the future of banking, mobile money growth and integration, policy and regulation, blockchain, digital identity, remittances, and financial inclusion.

With participants who represent over 4.5bln USD in private equity and venture capital funding, the AFTS is the premier global initiative dedicated to financial technology in Africa.

“We are extremely proud to bring AFTS to Ethiopia, the second-most populous nation in Africa that is at the inflicting point of digitalization, as e-commerce and financial inclusion are of prime focus both by the government and the tech sector,” said Zekarias Amsalu, founder of co-organizer Ibex Frontier.

“We look forward to welcoming global investors and fintech ecosystem players with warm Ethiopian hospitality,” he added.

The event also counts the Corporate Council on Africa, the US State Department, the US-Nigeria Council, the Congo Business Network, and PeaceTech Lab as strategic partners.