FT Africa Payments Innovation Summit 2019 - Powering Africa’s Future

Africa has carved out a significant role in payments innovation, with its advances in mobile money frequently cited as a benchmark for the rest of the world. Major corporates, governments and entrepreneurs are developing new solutions to address traditional challenges such as inclusion, empowerment and economic development. And while mobile money continues to be an important area of development, new technologies such as blockchain and artificial intelligence (AI), as well as cryptocurrencies, are also having a growing impact. New alliances between payments firms, telcos and other business sectors are being forged as increasingly complex services are being rolled out, and there is a renewed focus on incubator and accelerator programmes.