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FT Africa Payments Innovation Summit

Enhancing interoperability, security and market take-up

Nairobi |
Speakers include:
Patrick  Njoroge

Patrick Njoroge

Central Bank of Kenya

Joshua Oigara

Joshua Oigara

KCB Group

Bob Collymore

Bob Collymore

Safaricom

Overview

Join key players from across the mobile payment industry to explore:

  • The challenges and the opportunities of providing greater financial access to un-banked people
  • The role of innovation in meeting the continent’s development targets
  • Trends and policies affecting market uptake
  • The impact of new technologies
  • Strategies to enhance growth, interoperability and security opportunities

Africa’s regional payment systems are undergoing a period of significant progress. Although these are already booming, there remains a significant need for improvement in the twin areas of interoperability and security.

With mergers and partnerships taking place between telcos and banks, fierce competition is creating major opportunities for multiple stakeholders. On the one hand, international technology providers and major regional banks are seeking local partners to give unique insights. On the other, national providers are looking to meet partners to increase market share in the continent.

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fallback Add to my Calendar 03/29/2017 08:00:0003/29/2017 19:05:00trueFT Africa Payments Innovation SummitJoin key players from across the mobile payment industry to explore:The challenges and the opportunities of providing greater financial access to un-banked peopleThe role of innovation in meeting the continent’s development targetsTrends and policies affecting market uptakeThe impact of new technologiesStrategies to enhance growth, interoperability and security opportunitiesAfrica’s regional payment systems are undergoing a period of significant progress. Although these are already booming, there remains a significant need for improvement in the twin areas of interoperability and security.With mergers and partnerships taking place between telcos and banks, fierce competition is creating major opportunities for multiple stakeholders. On the one hand, international technology providers and major regional banks are seeking local partners to give unique insights. On the other, national providers are looking to meet partners to increase market share in the continent.FT-Africa-Payments-Innovation-Summit7e0f669d9504c477ee0865ff6345819eMM/DD/YYYY

Speakers (19)

Patrick  Njoroge

Patrick Njoroge

Governor
Central Bank of Kenya

Patrick Njoroge was appointed Governor of the Central Bank of Kenya (CBK) in June 2015. He is the first CBK Governor to be recruited through a competitive selection process that included vetting and parliamentary approval. As Governor, Dr Njoroge is also the CBK’s Chief Executive Officer (CEO), a member of the Board of Directors and Chairman of the Monetary Policy Committee (MPC).

Before joining the CBK, Dr Njoroge worked at the International Monetary Fund (IMF) in Washington DC for more than 20 years. His roles at the IMF included Advisor to the Deputy Managing Director from December 2012 to June 2015, Deputy Division Chief of the Finance Department 2006 to 2012 and Mission Chief for Dominica 2005 to 2006. He was previously an Economist at the Kenyan Ministry of Finance and a Planning Officer at the Ministry of Planning.

Dr Njoroge was named Africa’s Governor of the Year 2016 by African Banker Awards during the African Development Bank Group (AfDB) Annual Meetings in May 2016.

He has a PhD in Economics from Yale University and Master’s and Bachelor’s degrees in Economics from the University of Nairobi, Kenya.        

Joshua Oigara

Joshua Oigara

Chief Executive Officer and Managing Director
KCB Group

Joshua Oigara is the Chief Executive Officer and Managing Director at KCB, East Africa’s biggest bank by assets. Mr Oigara sits on the KCB Group and KCB Bank Kenya boards as well as on several other boards of KCB subsidiaries. He is also the Chairman of Kenya’s Energy Regulatory Commission, Director of the Anti-Money Laundering Advisory Board and a Director of the Vision 2030 Board. Tipped by the Financial Times as one of the top 25 Africans to watch based on his role as champion of transformational leadership and change in the continent, Mr Oigara actively engages at national and industry level to drive this agenda. Recently named CEO of the Year in East Africa by The Banker Africa, Mr Oigara heads the largest indigenous bank in the region with assets of more than US$5.8bn. With a presence in Kenya, Tanzania, South Sudan, Uganda, Rwanda and Burundi, and a representative office in Ethiopia, the bank serves more than 11 million customers through its 260 branches, over 960 ATMs, 12,000 agents and 7,500 staff.

Bob Collymore

Bob Collymore

CEO
Safaricom

Robert (Bob) Collymore is the CEO of Safaricom Limited, a leading communications company in Africa and pioneer of M-PESA, the world’s most developed mobile payment system.

His work experience spans across diverse countries such as Japan, South Africa and the United Kingdom where he’s held progressively senior roles in marketing, purchasing, retail and corporate affairs. Bob has more than 30 years of commercial experience working in the telecommunications sector and is passionate about how businesses can be catalysts in transforming communities.

In April 2015, the United Nations Secretary-General Ban Ki-moon re-appointed Mr. Collymore to the United Nations Global Compact Board. This was in recognition of Safaricom’s commitment to environmental, sustainability and anti-corruption issues as well as the work it is undertaking to address maternal health and child mortality. Safaricom is currently one of the only African companies that regularly reports on Sustainability on an annual basis.

Under Bob’s leadership, Safaricom has committed to utilize its infrastructure to achieve universal access to essential communications and leverage partnerships that aim to tackle health, clean energy for a positive impact on economic growth.

Mr. Collymore was recently appointed as a commissioner for the Global Commission for Business & Sustainable Development and is also a member of the B-Team, a high-level global group of business leaders who are working to catalyse a better way of doing business, for the wellbeing of people and the planet.

Mr. Collymore is a member of the Board of Acumen and has served as a Commissioner on the United Nations Commission on Life-Saving Commodities for women and children.

Ebenezer  Asante

Ebenezer Asante

Chief Executive Officer
MTN Ghana

Ebenezer Asante is the Chief Executive Officer of MTN Ghana. He is the first Ghanaian to occupy the position of CEO and his focus is on driving the all-inclusive digital agenda of the business, maintaining MTN’s sector leadership and forging a development-led ICT future in Ghana’s telecoms market. 

He spent 13 years of his career with Unilever, where he held various positions, including Managing Director for Zambia and Customer Development Director. He was also a member of the Unilever Ghana Board.

Mr Asante joined MTN in 2008 as Sales and Distribution (S&D) Executive for MTN Ghana. In 2013, he was appointed CEO of MTN Rwanda, where he supported the team to deliver the firm’s vision of an inclusive digital society. For example,during his time in Rwanda, the firm’s Mobile Money – which offers financial services to the unbanked in the remotest part of the country – saw phenomenal growth.

In 2016, he won the MTN Group Best CEO Award and was also named CEO of the Year at the AfricaCom Awards. 

Mr Asante has a BA (Hons) in Economics and Statistics from the University of Ghana, a Postgraduate Diploma in Management from Henley Management College in the UK and was part of MTN’s Global Advancement Programme (GAP) in 2010. He has also participated in executive level and general management development programmes at Ashridge Business School in the UK, Harvard and Insead (Paris).

Jeremy  Awori

Jeremy Awori

Chief Executive Officer
Barclays Kenya

Jeremy Awori is CEO of Barclays Bank of Kenya Ltd. Prior to joining Barclays in 2013, he held various positions at Standard Chartered Bank (SCB), where he was CEO of SCB Tanzania (2008 to 2012); Regional Sales and Performance Director for the Middle East, South Asia and Africa (2005 to 2008); and Head of Consumer Banking in the UAE (2003 to 2005). Other roles at SCB include Executive Director and Head of Consumer Banking for East Africa.

Mr Awori is also a Director of ABSA Financial Services Limited (AFSL); Barclays Financial Services Limited (BFSL); Barclays Bank Insurance Agency Limited (BBIAL); Barclays Kenya (Nominees) Limited; Barclays Deposit-Taking Microfinance Limited; First Assurance Company Limited; and First Assurance Holdings Limited.

He is a member of the board of the Kenya Private Sector Alliance (KEPSA); a former Chairman of the Kenya Bankers Association, where he currently sits on their governing council; a member of the Young Presidents Organization (YPO); and an Aspen Global Leadership Institute fellow.

Mr Awori has an MBA from McGill University, Montreal, Canada, and a BSc in Pharmacy from the University of Manchester in the UK.

Yandraduth  Googoolye

Yandraduth Googoolye

First Deputy Governor
Bank of Mauritius
John  Staley

John Staley

Chief Officer – Finance, Innovation and Payments
Equity Bank

John Staley is Chief Officer – Finance, Innovation and Payments at Equity Bank. A specialist in implementing cost-effective ICT solutions, he was CEO of Credit Indemnity (Pty) Ltd in South Africa before joining Equity Bank in 2002. He has been actively involved in the use of mobile phones to provide financial services since 1998.

Mr Staley has an MSc in Applied and Computational Mathematics and a BSc in Physics. He also has a Bachelor of Commerce degree and is a qualified Chartered Accountant. 

Mohamed  Dabbour

Mohamed Dabbour

Executive Vice President, Africa
Millicom

Mohamed Dabbour is Executive Vice President Africa for Millicom, where he is responsible for ensuring profitable growth and cash flow.

He joined the company in 2008 and has held a variety of roles, including Chief Financial Officer in Chad in 2009 and in Ghana in 2011.

He was appointed Chief Financial Officer for the Africa region in August 2015.

Prior to joining Millicom, Mr Dabbour worked for BESIX, Belgium’s largest construction company. He started his career at PricewaterhouseCoopers in Brussels, Belgium, as Senior Accountant.

He has an Executive MBA from London Business School.

Chris  Low

Chris Low

Group CEO
Letshego

Chris Low was appointed Letshego Holdings Limited Group Managing Director in November 2013. Having commenced his career as a Chartered Accountant with Arthur Andersen (London), he went on to acquire extensive leadership experience in the banking industry with Goldman Sachs, Standard Chartered Bank and the National Bank of Kuwait. 

Mr Low has a track record of close to 25 years in developing and executing country and regional transformational strategies in emerging markets, specialising in embedding governance and risk management frameworks and adopting financial as well as management accounting best practices. 

Under his leadership, the Letshego Group has continued to deliver more than 18 years of strong growth, performance and returns. It has extended its footprint to 11 Sub-Saharan African countries, from seven in 2010, and has maintained a strong financial profile and balance sheet. The Letshego Group has been awarded AFI private partner status and has also launched a refreshed brand in all its markets, in line with its strategy of building a leading Africa-inclusive finance group. 

Mr Low has a Master’s in Zoology from St Peter’s College, University of Oxford, and is a member of the Institute of Chartered Accountants of England and Wales (ICAEW).

Akinwale  Goodluck

Akinwale Goodluck

Head, Sub-Saharan Africa Region
GSMA

Akinwale Goodluck is the Head of the GSMA in Sub-Saharan Africa and has primary responsibility for the attainment of the GSMA’s objective in Africa of connecting everyone and everything to a better future. It focuses on collaboration between mobile operators, governments and other ecosystem players to overcome the physical, social and economic barriers in the continent.

Prior to joining the GSMA in February 2017, Mr Goodluck worked for MTN Nigeria Communications Limited for 14 years, seven of which was at executive level with primary responsibility for the management of the regulatory, legal, reputational, corporate governance and stakeholder management risks for MTN Nigeria. He also provided leadership for the regulatory strategy and objectives of the MTN Group and all its operations across Africa and the Middle East. Mr Godluck represented the MTN Group on the GSMA Chief Policy and Regulatory Officers Group, Sub-Saharan Africa and was appointed Chairman in January of 2015.

He has served on the boards of several companies, including MTN Nigeria Foundation, Nigeria Internet Exchange Limited, the Digital Bridge Institute, the Association of Licensed Telecommunications Operators of Nigeria and the Lagos State Innovation Council. He continues to serve on the Board of the Redeemers International School and other private companies.

Mr Goodluck is an alumnus of Lagos State University, the Nigeria Law School and Harvard Business School.

 

Ismail  Ahmed

Ismail Ahmed

CEO and Founder
WorldRemit

Ismail Ahmed is the CEO and Founder of WorldRemit, the international remittance company that’s pioneering a mobile approach to sending money around the world. He founded the company in 2010, and since then it has secured almost US$200 million in funding and been named the fastest growing technology company in the UK. Mr Ahmed has been named one of the top 10 most influential black Britons in the UK, and won EY Entrepreneur of the year, London and South. He has worked for the UN in Nairobi, Kenya, and won a scholarship to the University of London while living in Somaliland.

Jacques  Behr

Jacques Behr

Executive Vice President, Europe & Africa
Ingenico
Habil  Olaka

Habil Olaka

Chief Executive Officer
Kenya Bankers Association

Habil Olaka was appointed Chief Executive Officer of the Kenya Bankers Association in October 2010. He is responsible for its strategic direction under guidance from the KBA Governing Council. Previously he was the Director of Operations of the East African Development Bank (EADB) based in Kampala after serving as the Resident Manager in Kenya. He has also worked for the bank as the Head of Risk Management and as the Chief Internal Auditor. Before joining the EADB, he was with Banque Indosuez (now Bank of Africa) as the Internal Auditor. He started his career at PricewaterhouseCoopers in Nairobi, in the Audit and Business Advisory Services Division. 

Mr Olaka sits on a number of boards representing the KBA: the Kenya School of Monetary studies, the Higher Education Loans Board, the Auctioneers Licensing Board, the Federation of Kenya Employers (FKE), and the National Task force on Anti-Money Laundering and Countering Financing of Terrorism. He is Chairman of the Pan-EAC Financial Service Providers Council and also chairs the Advisory Board of the School of Economics of the University of Nairobi. 

He has a BSc in Electrical Engineering from the University of Nairobi and an MBA in Finance from Manchester Business School, UK. He is a member of the Institute of the Certified Public Accountants of Kenya (ICPAK) and the CFA Institute. He is an alumnus of the Strathmore School of Accountancy.

Reinhard  Scholl

Reinhard Scholl

Deputy Director, Telecommunication Standardization Bureau
ITU

Reinhard Scholl is with the International Telecommunication Union (ITU), the United Nations specialised agency for information and communication technologies. Previously he has been with Siemens, Germany and with the European Telecommunications Standards Institute (ETSI). He also served on the Board of Internet Corporation for Assigned Names and Numbers (ICANN). He received a PhD in physics from the University of Illinois at Urbana-Champaign, USA.

Dare  Okoudjou

Dare Okoudjou

Founder and CEO
MFS Africa

Dare Okoudjou is the Founder and CEO of MFS Africa. He previously worked at MTN Group, where he developed its mobile payment strategy and led its implementation across the company’s operations in 21 countries throughout Africa and the Middle East. He began his career as a management consultant with PricewaterhouseCoopers in Paris. Mr Okoudjou has an MSc in Telecom Engineering from ENST-Paris and an MBA from INSEAD.

Momoh Kemoh  Konte

Momoh Kemoh Konte

Chairman and Commissioner
National Telecommunication Commission (NATCOM), Sierra Leone

Momoh Kemoh Konte is the Chairman and Commissioner of Sierra Leone’s National Telecommunication Commission (NATCOM). He is also the President and Chief Executive Officer of Transtech International.

Previous roles, based in the US, include Regional Distributor, Maghreb States of Tunisia, Morocco and Egypt, South Western Petroleum Corporation (SWEPCO); Lead Consultant, Justin’s Corp; Lead Consultant, RE-Logistics Incorporated; Financial Analyst, MCI World Com; Trade Consultant, Small Business Development Center, Washington, DC; and Consultant, Minority Media and Telecommunications Council, Washington, DC. He has also been Lead Consultant for the privatisation of Liberia’s and Sierra Leone’s telecommunications companies.

Mr Konte has a BA in Economics from Howard University, Washington, DC, and a Master’s in Economics from the University of Toledo, Ohio. He is studying for a a PhD at Walden University in Minnesota.

Greta  Bull

Greta Bull

Chief Executive Officer
CGAP

Greta Bull is the Chief Executive Officer of CGAP and a Director at the World Bank Group. Ms Bull has more than 15 years’ experience in development finance. In her most recent role as a Manager in IFC’s Financial Institutions Group (FIG), she oversaw a large digital financial services advisory programme in sub-Saharan Africa. The programme is aimed at expanding the reach of traditional and non-traditional financial service providers, and also involves a significant research and knowledge-sharing element.

She has extensive experience working in emerging financial markets in Latin America, Central and Eastern Europe and sub-Saharan Africa. Other career highlights include senior positions with the Eurasia Foundation, in addition to being Director of the Finance, Banking and Enterprise Division at Bannock Consulting/DAI Europe. Her association with the World Bank began in 1992 when she was a Robert S McNamara fellow based in Kiev, Ukraine.

Ms Bull holds a Master’s in Public Policy from Harvard University’s John F Kennedy School of Government and graduated from the University of Washington with a degree in International Studies.

Ronald  Webb

Ronald Webb

Director of Financial Services
Safaricom

Ronald Webb is the Director of Financial Services for Safaricom, tasked with leading M-PESA through its next phase of growth. He has more than 30 years' experience in payments technology in Africa as a technologist, senior executive, board member, entrepreneur, advisor and mentor. He is passionate about innovation in the developing world, where legacy business models are being leapfrogged to provide new opportunities, with digital financial services improving the lives of millions of people.

Previously he was the inaugural Director of Payments for Equity Bank, a new directorate established to centralise payment activities.

Before joining Equity, Mr Webb was the co-founder and Group Technical Director of the Paynet Group of companies, designing all of Paynet’s and PesaPoint’s products and services, serving the group for 18 years.

He is also a Non-Executive Director of Manaco Limited, a shareholder in Paynet and Interswitch. He is a member of the International Telecommunications Union, Digital Financial Services Working Group, and the Gates Foundation Grant Adjudication Panel, which evaluates digital financial services grantees.

Folashodun Adebisi  Shonubi

Folashodun Adebisi Shonubi

Managing Director/CEO
Nigeria Inter-Bank Settlement System ((NIBSS)

Folashodun Adebisi Shonubi is the Managing Director/CEO of NIBSS Plc. Prior to this role, he was Executive Director, Information Technology and Operations, at Union Bank of Nigeria Plc; a member of the board of Union Homes; and Director, Information Technology and Corporate Services, at Renaissance Securities Nigeria limited, with responsibility for the group’s IT infrastructure in Africa.

Mr Shonubi has also spent time at Citibank Nigeria Limited as its Head, Treasury Operations (1990-1993). Between 1999 and 2007, he was Deputy General Manager of MBC International, where he supervised its IT operational platforms. He has also been Vice President of First City Monument Bank Limited and Executive Director of Ecobank Nigeria Limited.

He has served on a number of the Bankers’ Committee’s sub-committees, including the Ethics and Professionalism sub-committee.

Mr Shonubi has an MBA and an MSc in Mechanical Engineering from the University of Lagos, Nigeria.

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Chair and moderators (3)

David Pilling

David Pilling

Africa Editor
Financial Times

David Pilling is the Africa Editor of the FT. Previously he was the Asia Editor (2008-16), Tokyo Bureau Chief (2002-08), Pharmaceuticals Correspondent (1999-2001), Deputy Features Editor (1997-99) and Chile/Argentina Correspondent (1993-97). He is the author of Bending Adversity: Japan and the Art of Survival (Penguin, 2014)

John  Aglionby

John Aglionby

East Africa Correspondent
Financial Times

John Aglionby has been the Financial Times’ East Africa Correspondent since August 2015, based in Nairobi. 

He joined the FT in 2006 as Jakarta Correspondent before moving to London in 2009 to the world news desk as International Economy News Editor. In 2013 Mr Aglionby moved to the main news desk as a Senior Reporter and News Editor on the live news desk, where he was at the heart of the team that implemented the FT’s transition to a digital first news organisation.

Before working for the FT, Mr Aglionby was the south-east Asia Correspondent for the Guardian and the Indonesia Reporter for the Economist.

Joy Macknight

Joy Macknight

Deputy Editor
The Banker

Joy Macknight is Deputy Editor at The Banker, overseeing editorial output across the monthly magazine. She previously served as The Banker’s Transaction Banking & Technology Editor, and continues to cover transaction banking and technology for the magazine alongside her current role. Prior to this, she was features editor at Profit & Loss, a foreign exchange and derivatives magazine and conference producer. Before that she was editorial director at Treasury Today, following her editorship at gtnews, both publications that cover corporate treasury. Ms Macknight has also worked as a staff writer on Banking Technology and IBM Computer Today, as well as a freelancer on Computer Weekly.

Joy Macknight is Deputy Editor at The Banker, overseeing editorial output across the monthly magazine. She previously served as The Banker’s Transaction Banking & Technology Editor, and continues to cover transaction banking and technology for the magazine alongside her current role. Prior to this, she was features editor at Profit & Loss, a foreign exchange and derivatives magazine and conference producer. Before that she was editorial director at Treasury Today, following her editorship at gtnews, both publications that cover corporate treasury. Ms Macknight has also worked as a staff writer on Banking Technology and IBM Computer Today, as well as a freelancer on Computer Weekly. She holds a BSc from the University of Victoria, Canada. 

Agenda - 29th Mar

  • 8:00am
    Registration and networking
  • 8:55am
    Chair’s opening remarks

    David Pilling, Africa Editor, Financial Times

  • 9:05am
    Opening keynote remarks
    • What is the role of ICT and innovation in promoting economic growth in Africa?
    • How does the continent compare with the rest of the world when it comes to payments innovation?
    • How are mobile payments promoting financial inclusion and creating opportunities in remote locations?
    • What efforts are being made by governments to digitise payments for citizens in Africa?
  • 9:25am
    Panel discussion: A digital future for Africa
    • How do you develop an innovative idea into a scalable solution that is attractive to major players in Africa?
    • What are the current market trends in African mobile payments?
    • How are rapid advances in payment technologies changing the payments landscape across the continent?
    • What does payments innovation mean for economic and social development in Africa and how do you encourage the next generation of entrepreneurs?
    • How can payment providers increase market take-up of new mobile payment systems?
    • How can smaller institutions speed up ROI on the development and implementation of mobile banking platforms?
    • Is a card and cash-based economy a necessary fall-back system for potential infrastructure failure?
    • How is the FinTech community driving financial inclusion?
    • How are efforts to create FinTech hubs driving innovation in African payments?
    • What is the role of Blockchain in African payments?
    • How will the rollout of cheap smart phones change market dynamics?
    • How are social messaging platforms impacting on digital money?
    • How can mobile payment innovation drive other sectors, such as agriculture?

     

    Ismail Ahmed, CEO and Founder, WorldRemit

    Chris Low, Group CEO, Letshego

    John Staley, Chief Officer – Finance, Innovation and Payments, Equity Bank

    Ronald Webb, Director of Financial Services, Safaricom

    Moderator:

    John Aglionby, East Africa Correspondent, Financial Times

  • 10:15am
    The C-suite session: Banking on payments innovation
    • Why is Africa ready for mobile payments innovation?
    • How are telcos moving into the banking space by providing a fuller range of services, such as credit facilities and loans?
    • What business models do telcos and banks favour?
    • Is there an opportunity for collective purchasing of mobile systems across organisations?
    • What is the future of digital/crypto currency?
    • Where are the future opportunities for other mobile financial products?
    • How do you make a mobile payments system a success?
    • How do you work with stakeholders to achieve results?
    • What role do regulators play?
    • How can traditional banks make up lost ground against telcos?
    • Is the traditional suite of banking services being made redundant by micro-financing and mobile money capabilities?

     

    Ebenezer Asante, Chief Executive Officer, MTN Ghana

    Jeremy Awori, Chief Executive Officer, Barclays Kenya

    Cynthia Gordon, Executive Vice President, CEO, Africa Division, Millicom

    Joshua Oigara, Chief Executive Officer and Managing Director, KCB Group

     

    Moderator:

    John Aglionby, East Africa Correspondent, Financial Times

  • 11:15am
    Networking break
  • 11:45am
    Panel discussion: Cross-border initiatives
    • How is the reduction in cross-border tariffs driving opportunities for mobile payments innovation?
    • What are the expansion targets for key regional payment systems and how great an effect will their integration have on the current market?
    • Are such systems falling behind private sector innovations in mobile banking?
    • How are smaller payment houses being integrated into clearing houses?
    • How do you regulate cross-border payments?

     

    Akinwale Goodluck, Head, Sub-Saharan Africa Region, GSMA

    Yandraduth Googoolye, First Deputy Governor, Bank of Mauritius

    Moderator:

    Joy Macknight, Deputy Editor, The Banker (FT Group)

  • 12:35pm
    Interview session: The international investor perspective of payments innovation in Africa

    Major international names are building their presence in Africa. Learn from a company that is already operating in the continent about how to make it a success.

    • How do you build your footprint in the African market?
    • How do you commericalise payment systems and ensure market take-up and ROI?
    • What partnerships are possible to mitigate potential loss and increase ROI?
  • 12:55pm
    Networking lunch
  • 2:00pm
    Leaders’ Dialogue: Creating an enabling environment for payments innovation

    Africa’s authorities face a raft of challenges in rolling out successful payments schemes. This interactive session considers how central banks and regulators are addressing the challenges and opportunities associated with the continent’s development of innovative payment systems. To provide a pan-African view of payments innovation in achieving economic targets, the panel looks at why Africa needs to innovate, the role of regional integration in payments innovation and where the next opportunities will be.

    • How can regulatory reform and government support make a difference?
    • What effect will increased regulation have on market innovation?
    • Should traditional banking sector regulations be applied to new telco-based mobile money platforms?
    • What targets are being set for regulation of cross-border remittances and financial inclusion development goals?
    • How do you increase adoption of mobile money services?
    • Should regulation be the purview of central banks or communication authorities?
    • How do regulators keep pace with the rapidly changing FinTech world?

    Momoh Kemoh Konte, Chairman and Commissioner, NATCOM, Sierra Leone

    Patrick Njoroge, Governor, Central Bank of Kenya

    Moderator:

    David Pilling, Africa Editor, Financial Times

  • 2:40pm
    Panel discussion: The interoperability conundrum

     

    • How can payment systems interoperability be implemented to enable public access to the full range of existing banking and payment services?
    • How do you integrate mobile payment platforms?
    • How can interoperability efforts drive take-up and speed up ROI?
    • What are the key timelines and goals for interoperability among mobile payment systems?
    • How should banks, corporates and SMEs engage with payment system providers to support and lobby for greater interoperability?
    • How will increased interoperability affect market competition and platform sustainability?
    • Is there a case against interoperability?
    • How can the interoperability successes of east Africa be replicated in other parts of the continent?
    • What is the impact of competition on interoperability efforts?

     

    Speakers:

    Greta Bull, Chief Executive Officer, CGAP

    Dare Okoudjou, Founder and CEO, MFS Africa

    Habil Olaka, Chief Executive Officer, Kenya Bankers Association

     

    Moderator:

    Joy Macknight, Deputy Editor, The Banker (FT Group)

  • 3:30pm
    Networking break
  • 4:00pm
    Panel discussion: Security and KYC
    • What are the key security risks facing new mobile payment platforms and what solutions are available?
    • How do you create an easy-to-use and future-proof security system?
    • How has Africa’s move towards smart eID cards helped address issues around KYC, AML and security?
    • How far has electronic security managed to keep up with rapid advances in mobile payment systems?
    • What capabilities exist in the market for penetration testing, encryption and wider security applications?
    • How can the payment community address the human factor in security?
    • How have security concerns affected market take-up of new mobile payment systems?
    • How great a risk is increased payment systems interoperability to inter-organisational security, how can this risk be reduced?
    • What role do players in the FinTech space have in ID, security and KYC?
    • What are the network infrastructure security considerations for providing digital financial services?

     

    Jacques Behr, Executive Vice President, Europe & Africa, Ingenico

    Reinhard Scholl, Deputy Director, Telecommunication Standardization Bureau, International Telecommunication Union (ITU)

    Folashodun Adebisi Shonubi, Managing Director/CEO, Nigeria Inter-Bank Settlement System (NIBSS)

     

    Moderator:

    Joy Macknight, Deputy Editor, The Banker (FT Group)

  • 4:50pm
    Closing keynote interview: What’s next for innovation in African payments?

    Innovative new services that use the latest technologies are bringing a new wave of disruption to African economies. How can Africa benefit? And what does the future have in store?

    Bob Collymore, CEO, Safaricom

    Interviewer:

    David Pilling, Africa Editor, Financial Times

  • 5:20pm
    Chair’s concluding remarks

    David Pilling, Africa Editor, Financial Times

  • 5:30pm
    Drinks reception
  • 7:00pm
    Summit concludes

Why Attend

  • Network with leaders from throughout Africa and experts from all parts of the payment innovation value chain, in one of the most dynamic markets in the continent for the sector.
  • Hear the experts' opinion on challenges such as security and interoperability, and learn about efforts led by industry, government and regulators to deal with these challenges.
  • Learn about pan-African initiatives that are helping to drive innovation and enable the unbanked to enter the financial system - in turn driving development.
  • Establish relationships with local, regional and international partners.
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Who Attends?

The FT Africa Payments Innovation Summit will be attended by senior level decision makers from government ministries, regulators, policy makers and banks.

A limited number of places are available for representatives from telcos, original equipment manufacturers (OEMs), hardware suppliers, software developers, mobile service providers and distributors.

Register today.

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Presented by (2)

The Banker provides economic and financial intelligence for the world's financial sector and has built a reputation for objective and incisive reporting. It leads the debate on all the issues surrounding the global banking industry, providing in-depth news and analysis, exclusive interviews with senior industry figures and definitive regional bank listings, including the internationally acclaimed Top 1000 World Banks.

The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. Providing essential news, comment, data and analysis for the global business community, the FT has a combined paid print and digital circulation of 840,000. Mobile is an increasingly important channel for the FT, driving more than half of total traffic.

Lead Sponsor (1)

Lunch Sponsor (1)

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org.

Media Partners (7)

This is Africa, a digital service from the Financial Times, examines African business, development and politics in a global context, making sense of the relationships that Africa is building with the rest of the world. It challenges international preconceptions about the continent and identifies the opportunities and risks in this dynamic business environment.

Follow us on Twitter @ThisIsAfrica

Sign up for our free e-newsletter ThisIsAfricaonline.com/register

ThisIsAfricaonline.com

Analyse Africa, a service from the Financial Times, is a digital database providing macroeconomic data from leading global sources. Gain instant access to 1.75 million data records, from 42 world renowned providers, and 4,500+ professionally validated indicators, in order to analyse, evaluate and spot opportunities in Africa. Analyse Africa is used to analyse, understand and evaluate entire economies to inform critical business decisions by financial service organisations, corporations, government agencies, multilaterals, consultancies and research and academic institutions worldwide.

View the first in a series of African country reports - Nigeria: By the numbers - a macroeconomic data and trends report on Nigeria.  Free download here.

The Business Year (TBY) is a leading research firm and publisher of annual economic resources on national economies. Present in over 25 countries, TBY provides first-hand access to the people and ideas shaping business and policy throughout the world. Each country-specific edition contains a comprehensive range of interviews and analysis, offering an inside look at doing business in the world’s most dynamic economies. TBY’s interviewees, readers, and partners comprise an international network of thought-leaders who are helping to define the future of the global economy.

WeCashUp is a panafrican Mobile Money API that uses #Artificial #Intelligence and #Blockchain to enable digital companies worldwide to accept payments from all the cash and Mobile Money wallets in Africa through a single platform. It offers the best conversion rate, the highest security system and a state-of-the art technology necessary for being successful in e-Commerce in Africa.

https://www.youtube.com/watch?v=QDBpIswOKYY

@wecashup

NFC Times is the only source of original, in-depth, independent news and research about the mobile payments and contactless markets. That's why so many industry decision-makers have seen the value of becoming premium subscribers. Other publications rely on press releases and talking points; we talk to key sources, do original research and use our years of experience to give you facts, context and insight you can't find anywhere else.

GBS Africa is a boutique Africa Advisory firm focusing on connecting global pools of capital and new pockets of opportunity with our continually growing emerging market across Africa. What epitomizes us best is our global reach, Africa market knowledge and network, uncompromising commitment to excellence, relentless focus on bringing sustainable value to our clients and speed in delivery of results. Our expertise include;

. Market Access ,Trade competitivess and FDI Advisory

. Corporate Advisory

. Investor Relations Strategy & Corporate Advisory

Developing Telecoms is the web portal for mobile and telecoms in emerging markets worldwide. We keep visitors up-to-date with opportunities, technologies, products and services that are transforming communications and empowering communities. Our influential audience covers the decision making chain from ministers and c-level executives to senior technical, marketing and operational managers, researchers, advisers, consultants and integrators. With 16,000 monthly visitors and 26,000 weekly newsletter subscribers Developing Telecoms is the most widely referenced and trusted global information source about telecoms in emerging markets used by operators, service providers, governments and large enterprises throughout  Africa, Asia, Central and Eastern Europe, Latin America and the Middle East

Venue

Radisson Blu
Nairobi

Kenya


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Contact Us

Marianne Haddad-Mazou
Chief Strategic Advisor, Africa and Sponsorship Opportunities
Financial Times
Philip Church
Sponsorship Opportunities
Financial Times
Wendy Atkins
Speaking Opportunities
Financial Times
Eleni Vatyliotis
Marketing and Media Enquiries
Financial Times
Laura Black
Senior Event Manager
Financial Times