Fintech, in particular cryptocurrencies, plays a strong role in the African continent. This is being seen in regions such as French-speaking Francophone Africa.
To understand more, The Fintech Times speaks with Carine Dikambi, director of Francophone Africa, at Binance, the cryptocurrency exchange. Carine and economic development advisor Richie Santosdiaz sit down and discuss more about cryptocurrencies in Francophone and the wider African region, as well as how it’s enabling financial inclusion to a continent where many are unserved or underserved.
See the full conversation below:
Binance is a blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The platform is dedicated to increasing the freedom of money for users and features a portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralisation and infrastructure solutions.
About Carine Dikambi:
Dikambi is an avid blockchain and digital economy enthusiast and an accomplished fintech professional who began her career in investment banking in New York City. She obtained a Bachelors in Banking from Université Paris Descartes and a Masters degree in Management Sciences from Université Sorbonne Paris Cité. She also received a Certificate in Leadership Excellence from Harvard.
After a successful career and over a decade spent in the financial epicenter of the world, Dikambi decided to move to Cameroon to focus on industrialisation initiatives and make an impact in the African Tech landscape.
She is the co-founder of Inoni Tech, a tech hub fostering innovation, entrepreneurial mindset and providing key resources and training to develop a tech-aware and financially literate population across Francophone Africa.
Previously, Dikambi was vice-president of regulatory solutions at Citigroup and director of the risk and information management group at American Express.
The French language plays a strong role in much of Africa. It is the sole official language of 11 African countries and the second official language for another 10 countries.
According to the same source, it is also the main or sole language of instruction in schools in African countries such as Benin, Burkina Faso, the Central African Republic, the Comoros, Congo-Brazzaville, the Democratic Republic of Congo, Côte d’Ivoire, Gabon, Guinea, Mali, Niger, Senegal and Togo.
An example of a country in Francophone Africa is Senegal. To read more about the fintech landscape in Senegal visit here.
Another example of a Francophone country is Burundi. To read more about the country’s fintech landscape visit here.