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Nearly US $ 100 million of fundraising has already been injected into the booming Fintech and mobile payments sector in Africa in 2018, with significant capital to deploy this year, and the sector's prospects optimistic, according to telecommunications. Joseph of Arrast, EMEA publisher at TMT Finance, said: "The growing demand for payment and lending services is attracting investment from mobile operators and banks and international funds, all of them jostling one another. These new initiatives also achieve inclusive goals set by international development finance institutions, which have joined several fundraising efforts over the last twelve months. "
Demand for services is also anticipated For a sharp rise: financial transactions via the Internet or According to a recent report by pan-African banking group Ecobank, mobile telephony is expected to grow from 200 million US dollars to 3 billion US dollars by 2020.
Regulation, reliable and affordable internet access and Blockchain development are also all key issues affecting the dry Fintech in Africa, according to Arrast. "We expect B2B lending platforms and anti-fraud start-ups to attract the most interest from investors." He said: "
With tremendous opportunities for Fundraising and investment in space, leaders and leaders of finance and payment in Africa. Companies will join a panel dedicated to Mobile Payments & Fintech at TMT Finance Africa 2018 on September 19th at London to discuss investment strategies Speakers for the session are Chris Low, Group CEO, Letshego, Alix Murphy, Director of Mobile Partnerships, WorldRemit, Ercin Eksin, Co-Founder and Co-CEO, Lidya Rostan Schwab, Head of Fintech Investments for Africa, IFC, and Adia Sowho, VP Commercial / MD, Nigeria, Mines.io. A closer look at the growth and expansion of Fintech companies in Africa. Africa will also be held earlier in the day e at a dedicated session, with CEOs and doctors from Verdant Capital, GoAfrica, Strider, Transsnet Payments, MFS Africa Ltd., One Finance & Investment Limited and chaired by the consulting firm Obsidian West.
More than 70 keynote speakers were announced for the event, with CxOs and senior executives confirmed by companies such as Orange, IHS Towers, Econet Wireless, Millicom Africa, The Carlyle. Group, Standard Bank, PEACE, East Africa Data Center, Ethos Private Equity, Rack Center, Jumia, Uber, Intelsat, Huawei, Credit Suisse and World Remit, among others.
For more information on participating in TMT Finance Africa 2018, visit TMTFinance.com/africa
Distributed by APO Group on behalf of TMT Finance.
Media Contact: TMT Finance + (0) 203 900 3432 [19459012AproposdeTMTFinance:TMTFinance(wwwTMTFinancecom)estunacteurmajeurdel'informationetdel'événementielquiregroupedemanièreuniquelesleadersdestélécommunicationsdesmédiasetdestechnologiesdesinvestisseursdesbanquiersd'affairesdesdécideursetdesconseillersdernièresstratégiesetopportunitésd'investissementetdepartenariat
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