Fintech for Good Middle East & Africa Trending

Rwanda to Host First Annual Inclusive FinTech Forum to Drive Fintech for Good

Kigali International Financial Centre (KIFC), Rwanda’s financial centre facilitating international investment and cross-border transactions in Africa, and Elevandi, a company set up by the Monetary Authority of Singapore (MAS) to advance fintech in the digital economy, have announced the launch of the first annual Inclusive FinTech Forum. It will be held from 20 to 22 June in Kigali, Rwanda.

The Inclusive FinTech Forum aims to act as a catalyst for financial inclusion and fintech for good. It looks to promote technology and policy conversations. In turn, enabling fintech development to become more equitable, accessible, and sustainable to all people of the world. This also includes developing and promoting public goods, infrastructure, and financial literacy.

Global regulators, policymakers, decision-makers, founders, and investors will gather for three days of discussions on inclusive and sustainable fintech. They will primarily focus on the Global South, stretching from Africa to Latin America and Asia.

Fintech, at the crossroads of financial services and technology, has a unique ability to transform lives. Particularly in emerging and developing countries. – Tidjane Thiam

What to look forward to

The Forum will comprise a variety of dialogues and formats to spark debate and ideate solutions for inclusive finance globally.

  • Main stage sessions will feature keynotes by government and industry leaders as well as discussions with thought leaders.
  • Industry and ecosystem stages will focus on topical sessions on payments, credit, financial services, risk products, capital market infrastructure and ESG products.
  • A curated space for exhibitors, industry workshops, mentorship sessions, and a talent pavilion.
Elevandi’s signature programmes
  • The Elevandi Insights Forum will host deep-dive roundtables. These will be with public and private sector organisations to address challenges faced by the financial sector and drive key actionable outcomes;
  • The Founders Peak will feature 10-minute talks from founders. They will give participants a valuable opportunity to learn from the experiences of successful founders;
  • The Capital Meets Policy Dialogue will bring together policymakers, regulators, and investors. They will share perspectives on fintech regulation and investment capital allocation.
A step in the right direction

Sopnendu Mohanty, chief fintech officer of MAS and chairman of Elevandi Board, said: “The Forum comes at an imperative time when fintech is in the optimal position to contribute to global causes. Especially given its place at a critical junction of finance and technology.

“However, its promise is still a work in progress for making finance accessible to all people of the world. The Forum will accelerate inclusion and impact conversations to make fintech more accessible. It will serve as building blocks for future dialogues such as the Point Zero Forum – this will be held the week after this Forum.”

Enriching the African fintech landscape 

Tidjane Thiam, board chairman, Rwanda Finance Limited, the agency mandated to promote the Kigali International Financial Centre, said: “We are pleased to host the first annual global Inclusive FinTech Forum here in Rwanda bringing together important decision-makers in the fintech industry in Africa and globally.

“Fintech, at the crossroads of financial services and technology, has a unique ability to transform lives. Particularly in emerging and developing countries. It can empower the most vulnerable in society by giving them access to financing and allowing them to achieve financial independence. It can also contribute to the growth and expansion of successful African SMEs to provide much-needed goods and services to consumers in Africa and beyond.

“This event is a unique opportunity to enrich the African fintech landscape and position KIFC as the new fast-growing hub for fintech .”

Author

  • Francis is a journalist and our lead LatAm correspondent, with a BA in Classical Civilization, he has a specialist interest in North and South America.

Related posts

The Payments Association Sets Out Government Recommendations For New Financially at Risk Groups

The Fintech Times

Italy Launches Fintech Association

Manisha Patel

Local or International, Consumers Prefer Companies Using Recognisable Payment Methods Finds PayU

Francis Bignell