Payments move economies. Credit multiplies them. During the AFTSLIVE session, Why Flutterwave Acquired Mono and What It Means for African Commerce, Gabriel Ologunwa (AVP, Global Expansion & Payment Partnerships, West Africa at Flutterwave) pointed to credit as the next major unlock for Africa’s digital economy. When access to credit sits inside wallets and merchant ecosystems, users can go beyond what they currently hold, doubling, tripling, or even 10x-ing their purchasing power. At scale, this
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Payments move economies. Credit multiplies them. During the AFTSL…
2 months ago
TikTokafricafintechsummit
Africa doesn’t need more payment apps; it needs smarter payments built into real work. During Fintech Replay Day 2, Daniel Ndahiro Kagame (Credify Africa) argued that payments growth will come from embedding payments into existing workflows, not building new apps. In sectors like trade, speed matters especially as Africa trades heavily with China, India, and the UAE, where fast payments decide who wins the deal. Payments create the most value when they disappear into workflows where time, reliab
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Africa doesn’t need more payment apps; it needs smarter payments …
2 months ago
TikTokafricafintechsummit
African merchants can’t scale on fragmented integrations. In the AFTSLIVE session Why Flutterwave Acquired Mono and What It Means for African Commerce, Gabriel Ologunwa explained a core bottleneck: many merchants are forced to integrate separately with payments, KYC, banking, and credit providers, a model that’s costly and unsustainable at scale. The Mono acquisition addresses this by using open banking APIs as a single connectivity layer, making digital banking infrastructure usable across serv
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African merchants can’t scale on fragmented integrations. In the AF…
2 months ago
TikTokafricafintechsummit
As global growth tightens, Africa is emerging as one of the most compelling growth stories for investors. During Fintech Replay Day 1 (#AFTSLIVE), Benjamin Boachie (Chief Economist, SecondSTAX) explained that while growth is strained in China and Europe, and the US is buoyed largely by AI, Africa’s underlying growth remains strong. However, institutional gaps mean investors are increasingly choosing partnerships over solo expansion, especially for cross-border market entry. In Africa, scale come
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As global growth tightens, Africa is emerging as one of the most com…
2 months ago
TikTokafricafintechsummit
By 2026, cross-border payments in Africa will feel almost invisible. At Fintech Replay Day 1 (#AFTSLIVE), Isaac Newton Acquah (The Innovation Spark) predicted deeper partnerships driving this shift with telcos enabling MoMo-to-MoMo transfers across borders and banks scaling fintech integrations regionally. Seamless money movement will come from collaboration between telcos, fintechs, banks, and stablecoin infrastructure. To prepare for 2026, ecosystem players must invest in partnerships that sim
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By 2026, cross-border payments in Africa will feel almost invisible. At …
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AI could be the key to unlocking instant credit for Africa’s most underserved communities. On the panel “Ghana’s Fintech Moment: Africa’s Digital Future,” Owureku Asare (Bank of Ghana) highlighted how AI- and machine learning–driven scorecards can transform access to finance, allowing farmers in remote villages to access funds within seconds through data-driven credit assessment built for local realities. When AI replaces paperwork, financial access shifts from exclusion to opportunity without c
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Global demand for tech talent is reshaping Africa’s workforce. At The Addis AI Forum, during the fireside chat “Impact AI in Africa and the Talent Behind It,” Mirafe Gebriel Marcos, Country Manager Ethiopia at Sand Technologies (ALX) discussed how the rise of AI and global tech companies is creating new opportunities for young professionals across the continent. While global firms can offer salaries that local companies may struggle to match, the broader impact can still be positive. Thousands o
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