A good reminder that Africa is both a high growth market and itself a focus of fintech and insurtech innovation. The North Atlantic Basin of North Americas and Europe is the current centre of global trade but: -
Within 80 years 80% of consumer spending and trade will be found in Africa and APAC.
Source: Factfulness by Hans Rosling April 2018
Meet the need for innovation in today's markets and plan to be where the action is over the remainder of this century
Writing in the Financial Times, Uzoma Dozie, CEO of Diamond Bank, said that fintech is significant to the success of Nigeria’s economy, in addition to the modernization of the traditional banking sector in the country. Dozie said: “We are already seeing huge breakthroughs in digital banking and the adoption of fintech-based services by Nigerian consumers — be they retail or business customers. But this expansion must be encouraged by policies that will see greater inclusion of women and rural communities into mainstream banking activity.
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