The State Of African Fintech Trends & Opportunities recorded live at Africa Tech Summit London 2024 at he London Stock Exchange on June 7th, 2024.

Featuring Chinenye Agwu - VP Sales & Sector Head for PSPs at Flutterwave

Lewam Kefela - Principal at Partech Africa

Frank Atube - COO at Seamfix

Stephen Oluwatobi - Head of Operations at Kora Technologies

Babs Ogundeyi - Group CEO & Founder at Kuda Technologies

Moderated by Nkiru Uwaje - COO at Mansa Finance

The session focused on the current funding landscape for African fintechs and the challenges faced by the ecosystem over the past 12 months including the significant decrease in funding in 2023 due to global economic downturns, the necessity of educating regulators to bridge generational gaps and foster better understanding of fintech innovations, and the impact of regulatory and compliance challenges on business growth. Despite the setbacks, there's optimism about the future, highlighting the increasing number of funds earmarked for Africa and the potential for a resurgence in the fintech sector.

Visit our website for more details and future events: www.africatechsummit.com/

Africa Tech Summit panel session on Africa Tech Funding, Growth and Expansion featuring insights.

Laurien Field – Global Head, Startup Catalyst at IFC

Tingting Peng – Chief Capital, Strategy, and Impact Officer at Moove

Victor Alade – CEO and Co-founder at Raenest

Nina Triantis – Global Head of TMT at Standard Bank

Frannie Tyner- Director of Corporate Development at Onafriq

Moderated by Adewale Yusuf – Co-Founder & CEO at TalentQL

Subscribe for updates and join our live Summits in Nairobi, Ghana and London! More details on www.africatechsummit.com

The session highlights the shift in funding criteria, with higher expectations for company quality amidst the market’s volatility and macroeconomic shocks over the past 12 months. Despite this, there is pressure on VCs and growth equity funds to deploy capital, which is expected to lead to a reopening of capital flows over the next 12-18 months.

Regulatory instability in major African markets, such as Nigeria and Egypt, and the challenges of currency conversion are significant hurdles. However, there is optimism that increased funding and strategic exits could rejuvenate interest and investment in African startups, particularly if positive stories and stability are promoted. Additionally, while traditional private equity and debt financing continue to play roles, innovative funding structures and thematic investments are emerging as critical tools for supporting growth in this complex environment.

The Climate, Tech & Sustainability Series -

The Climate, Tech & Sustainability podcast series from Africa Tech Summit, supported by Mercy Corps Ventures and in partnership with the SixthD.

With insights from Kubik Inc. a company turning plastic waste into affordable and durable low-carbon buildings in Kenya and Ethiopia.

Featuring:

Kidus Asfaw, CEO and Co-Founder, Kubik Inc

Boko Inyundo, Founder The SixthD

Subscribe for updates and join our live Summits us in Nairobi and London! More details on www.Africatechsummit.com

The Climate, Tech & Sustainability Series -

The Climate, Tech & Sustainability podcast series from Africa Tech Summit, supported by Mercy Corps Ventures and in partnership with the SixthD.

With insights from Easy Solar a company distributing and financing solar solutions in Sierra Leone and Liberia.

Featuring:

Nthabiseng Mosia, Co-founder & CCO, Easy Solar

Boko Inyundo, Founder The SixthD

Subscribe for updates and join our live Summits us in Nairobi and London! More details on www.Africatechsummit.com

Insights from Chistian Duffus, founder of Fonbnk on Web3, payments and the future across the African continent for micro-payments.

Subscribe for updates and join our live Summits in Nairobi and London! More details on www.africatechsummit.com

The Climate, Tech & Sustainability Series -

The Climate, Tech & Sustainability podcast series from Africa Tech Summit, supported by Mercy Corps Ventures and Peercarbon, in partnership with the SixthD.

With insights from Gridless, a sustainable bitcoin mining company leveraging hydro-powered micro grids in Kenya and Malawi

Featuring:

Erik Hersman, CEO of Gridless

Boko Inyundo, Founder The SixthD

Subscribe for updates and join our live Summits us in Nairobi and London! More details on www.Africatechsummit.com

The Future of Digital Financial Services was recorded live at the Africa Money & DeFi Summit - West Africa 2023, an Africa Tech Summit event.

Panel session featuring insights and views from:

Mumbi Annstella, Acting General Manager at Tala

Adoma Owusu, General Manager: Fintech Business Development and Expansion at MTN

Kwame Aduansere, Head Digital Innovation at Fidelity Bank Ghana

Fara Ashiru, Founder and CEO at Okra

Leona Abban, Country Manager at Turaco Ghana

and moderated by Francis Tay, Investment Manager at Founders Factory Africa,

Subscribe for updates and join our live Summits us in, Nairobi and London! More details on www.africatechsummit.com

The Climate, Tech & Sustainability Series -

The Climate, Tech & Sustainability podcast series from Africa Tech Summit, supported by Mercy Corps Ventures and Peercarbon, in partnership with the SixthD.

With insights from Koko Networks, a company delivering affordable, clean bioethanol cooking fuel across Kenya

Featuring:

Greg Murray, CEO & Co-Founder, Koko Networks

Boko Inyundo, Founder The SixthD

Subscribe for updates and join our live Summits us in Nairobi and London! More details on www.Africatechsummit.com

The Climate, Tech & Sustainability Series -

The Climate, Tech & Sustainability podcast series from Africa Tech Summit, supported by Mercy Corps Ventures and Peercarbon, in partnership with the SixthD.

With insights from Octavia Carbon who are building and deploying Direct Air Carbon Capture (DACC) machines in Kenya

Featuring:

Martin Freimüller, Founder & CEO, Octavia Carbon

Boko Inyundo, Founder The SixthD

Subscribe for updates and join our live Summits us in Nairobi and London! More details on www.Africatechsummit.com

Building The Future of Web3 In Africa, was recorded live at the Africa Money & DeFi Summit - West Africa 2023, an Africa Tech Summit event.

Panel session featuring:

Vicentia Asilevi – IT Project Manager - Ejara

Munachimso Ogueke, CEO - OneLiquidity

Sarah Idahosa, Founder - Women in Defi

Emmanuel Ebanehita, CMO - Fuse

Moderated by Elisha Owusu Akyaw (aka GhCryptoGuy)

Subscribe for updates and join our live Summits us in, Nairobi and London! More details on www.africatechsummit.com