The Central Bank of Kenya (CBK) and the Monetary Authority of Singapore (MAS) yesterday announced the inaugural Afro-Asia FinTech Festival, to be held in Nairobi, Kenya, from 15 to 16 July 2019. Jointly organised by the two central banks, the Festival – the first of its kind globally – will provide a platform for connections, collaborations and exchange of ideas between Africa and Asia. It will also further boost the FinTech ecosystems in the two regions.
“FinTech in the Savannah”
Dubbed “FinTech in the Savannah”, the theme of the Festival is “Sustainable Finance: Inclusive and Green”. The Festival will explore financial services innovations from emerging Afro-Asian markets that can transform legacy systems, and bring about lasting environmental and social benefits for citizens and society. The two-day Summit consists of a FinTech Conference, FinTech Exhibition and breakout sessions for deep-dives into the applications of these ideas with industry.
The Conference will see robust discussions around three key topics:
“Technology for Tomorrow”, which discusses issues in artificial intelligence (AI) and big data; cybersecurity, technology risks and RegTech;
“Social Impact”, which looks at impact investing as well as micro, small and medium enterprise financing;
“Spirit of Innovation”, which explores the evolution of mobile financial services, InsurTech and Digital Pension.