This summit will bring together key players from across the financial, telecoms and fintech sectors to debate the challenges and opportunities associated with delivering payments solutions that drive financial inclusion to empower citizens and boost economic development. It will consider whether payments technology is so essential that access to it should be considered a right for all citizens, as well as examining what different stakeholders require from the payments ecosystem.
FT Africa Payments Innovation Summit 2018
Driving Growth and Promoting Inclusion
Central Bank of Kenya
James Mwangi, CBS
Elisabeth Medou Badang
Orange Middle East and Africa
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"Very interesting discussions thanks to good choice of speakers and relevant subjects. Panel discussions offered stimulating exchanges on the topics coming from experts and practitioners. The event is a fantastic platform for business professionals to interact." - Agata Szydlowska, Head of Financial Inclusion, Creditinfo Group
"FT Live brought together the leaders of my industry to consider what's next. Being on the cutting edge is a must, and the networking is invaluable." - Jack Langworthy, CEO, Ninayo Inc.
"The FT forums are the best events to learn and grow, as a regulator or a payment service provider" - Stephen M. Wambua, Head - Payment System Operations, Central Bank of Kenya
Africa has carved out a significant role in the payments innovation space, with its developments in mobile money frequently cited as a benchmark for the rest of the world. This field is one of rapidly evolving technology, and with it comes questions about how Africa’s payments systems can meet the demands of its diverse customer base while delivering on tighter security and a robust regulatory environment that promotes innovation and greater competition.
Payments innovation is diversifying, and while mobile still captures many of the headlines, the continent is making great progress in other forms of technology, including card-based payments to access transport services as well as bitcoin and blockchain.
FT Africa Payments Innovation: Driving growth and promoting inclusion will bring together key players from across the financial, telecoms and fintech sectors to debate the challenges and opportunities associated with delivering payments solutions that drive financial inclusion to empower citizens and boost economic development. It will consider whether payments technology is so essential that access to it should be considered a right for all citizens, as well as examining what different stakeholders require from the payments ecosystem.
Government ministries, regulators, policy makers, banks, telcos, innovators, original equipment manufacturers (OEMs), hardware suppliers, software developers, mobile service providers and distributors will explore the role of payments innovation in meeting the needs of the next generation of consumers; empowering citizens through financial inclusion; and the trends and policies affecting Africa’s digital transformation. The summit will take a pan-African perspective when considering the opportunities and challenges of this growing market, drawing on case studies to examine what innovation means from a corporate, an innovator and a user perspective.
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.
James Mwangi, CBS
James Mwangi is Group Managing Director and Chief Executive Office of Equity Group. He is also the Founder and Chairman of Equity Group Foundation (EGF), which aims to create the financial and operational infrastructure for social programmes for low-income populations.
He started his career as an auditor. He steered Equity Bank (then Equity Building Society) from insolvency and near closure in 1993 and went on to become its Director of Strategy. In 2004, he became the CEO of Equity Bank.
Dr Mwangi’s many awards include the 2012 Ernst & Young World Entrepreneur of the Year; the 2007 Global Vision Award (G8 Summit); the 2009 and 2015 Africa CEO of the Year and 2012 Innovation Leader of the Year (Africa Investor Awards); the 2010 and 2011 African Banker of the Year (African Banker); and the Forbes 2012 Person of the Year. He was also named among the top 50 thought leaders in emerging markets and among the top 20 most influential people in Africa by the Financial Times in 2009. Most recently, he was named Kenya’s Top CEO at the Think Business Banking Awards and Banker of the Year at the Banker Africa - East Africa Awards 2017.
He is a board member of the Africa Leadership Academy and Chair of the Steering Committee of the YALI Regional Leadership Center, East Africa. He also serves at the Global Advisory Council of VISA Inc, the Clinton Global Initiative, the G8 New Alliance for Food Security & Nutrition and the Global Agenda Council on New Economic Thinking of the World Economic Forum. In addition, he is Chairman of Kenya's Vision 2030 Delivery Board.
He is a guest lecturer at Stanford, Columbia, MIT, Harvard, IESE and Lagos Business School, Nigeria.
Dr Mwangi has a Bachelor of Commerce degree, is a Certified Public Accountant and a graduate of the Advanced Management Programme (Strathmore - IESE Business School, Barcelona, Spain).
Elisabeth Medou Badang
Elisabeth Medou Badang was recently promoted Regional Director at Orange Middle East and Africa overseeing three countries. Prior to that she has been the CEO of Orange Cameroon for four years. During her time at Orange Cameroon, she has promoted the growth of mobile money in the country and led this market. She has also developed internet penetration via mobile broadband access, covering more than 60% of the potential with 3G and 4G in less than two years.
She previously led Orange Botswana for four years and is the first African woman to manage an Orange affiliate.
Ms Medou Badang received the African Telecommunication Manager of the Year Award in 2014 and the Chevalier de l’ordre du Mérite Français in 2013.
She has a post-graduate degree in finance and Certificates in Executive Business programmes from EM Lyon Business School, France, Cranfield University and ESCP.
Mukhisa Kituyi has been Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) since September 2013.
Dr Kituyi has an extensive background as an elected official, academic and holder of high government office. Elected to the Parliament of Kenya in 1992, he was twice re-elected. He was the country’s Minister of Trade and Industry from 2002 to 2007.
Prior to becoming Secretary-General, Dr Kituyi was Chief Executive of Kenya Institute of Governance and a Fellow of the Brookings Institution. He was an expert advisor to the presidents of the East African Community (EAC) from 2008 to 2012 and a consultant for the African Union Commission (AUC) from 2011 to 2012, helping to develop a pan-African charter and roadmap for a comprehensive free trade area.
Dr Kituyi studied Political science and International Relations at the University of Nairobi, Kenya, and at Makerere University in Kampala, Uganda, receiving a BA in 1982. He has an MPhil and a PhD from the University of Bergen, Norway.
Milton A Weeks
Milton A Weeks is the Executive Governor and Chairman of the Board of Governors of the Central Bank of Liberia (CBL). He has held various senior level positions in financial institutions across Africa including Liberia, Zambia, Malawi, South Africa and Nigeria, over the last 30 years, including serving as Chief Executive Officer for banks in Liberia, Malawi and Nigeria.
In 2015, HE Ellen Johnson Sirleaf, President of Liberia, appointed Mr Weeks as a Member of the CBL Board of Governors, and then to his current post in 2016. He is a former Board Chair of Liberia’s National Social Security & Welfare Corporation (2009-2012) and served seven years as Head of Secretariat of the Liberia Bankers Association (2008-2014).
Mr Weeks held elected office on the Executive Council of the Liberia Chamber of Commerce for many years. He has previously served on the boards of Safeway Cargo Handling Services (FedEx GSP in Liberia), Ecohomes Liberia, Du Development Corporation, Du Investment Corporation, Business Development Services & Incubator (The Marketplace) and Auriole Enterprises.
Mr Weeks holds many high professional affiliations, including an Honorary Membership with the Chartered Institute of Bankers Nigeria, and is a Fellow of the Institute of Credit & Risk Management and the Institute of Credit Administration, both in Nigeria.
He has conducted research in areas critical to Liberia’s development, such as private sector development, the governance of business associations, and financial services in Liberia.
Senator Gideon Moi
Hon Gideon Kipsielei Moi has been the Senator for the Kenyan county of Baringo since 2013. He is Chairman of The Kenya Africa National Union (KANU) Party and Chairman of the Senate, ICT Committee.
Senator Moi was previously Chairman of the Senate Committee on Energy. Under his chairmanship, he sponsored the Local Content Bill. As a result, he was voted Legislator of the Year at the 2017 Oil and Gas Awards for exceptional legislation that has a positive impact on the lives of people.
In 2017, he was awarded an honorary doctorate in Humane Letters by Kabarak University, Kenya, and appointed Kabarak University Pro-chancellor. The senator was honoured for his exemplary service to humanity during his time in government and in his political career that began in 2002.
Mohamed Dabbour was appointed as Executive Vice President Africa for Millicom in February 2017. In his role he is responsible for ensuring profitable growth and cash flow for Millicom Africa.
Mr Dabbour joined Millicom in 2008 and has held a variety of roles in the Africa region, including Chief Financial Officer in Chad in 2009 and Chief Financial Officer in Ghana in 2011.
Most recently he was appointed Chief Financial Officer for the Africa region in August 2015.
He holds an Executive MBA degree from London Business School.
Daniel Monehin is Mastercard’s Executive Vice President, Remittances, and Head of Financial Inclusion. In his extended role, he is responsible for the go-to-marketremittance strategy for cross-border payments globally focusing on ensuring solutions are introduced quickly and meet customer and country needs.
Mr Monehin is also leading efforts to improve financial inclusion and ensure the company remains at the forefront of delivering a world beyond cash through its public-private partnership approach.
With more than 25 years of finance, consulting and relationship management experience Mr Monehin has worked across the banking, manufacturing and distribution, technology and payment industries. He joined Mastercard in 2006 as Vice President and Regional Finance Officer for its office in Toronto, Canada. In 2010 he moved to Dubai to become its Division President for Sub-Saharan Africa. Before joining Mastercard, he held senior finance roles at Hewlett-Packard and Ashland Inc.
He is Fellow of the Chartered Professional Accountants (FCPA) of Canada and serves on the Professional Accountants in Business (PAIB) Committee of the International Federation of Accountants (IFAC).
Mr Monehin has an MBA from Queen's University, Ontario, Canada, and a BSc (Hons) in Accounting from the University of Lagos, Nigeria. He is a Canadian Chartered Professional Accountant (CPA), a US Certified Public Accountant (CPA) and a Fellow of the Institute of Chartered Accountants of Nigeria (FCA).
Elizabeth Rossiello is the CEO and Founder of BitPesa, a foreign exchange and payment platform for frontier markets. In 2013, BitPesa was the first company in the world to connect bitcoin to mobile money and also to trade bitcoin into African currencies. In 2015, BitPesa became the first blockchain company to be licensed by the UK’s Financial Conduct Authority. BitPesa is now a market-maker in every major African currency and facilitates payments into G20 currencies directly.
Ms Rossiello expanded the company from its origins in Nairobi, Kenya to operations in eight markets across Africa and Europe, with offices in Nairobi, Lagos, Dakar, London and Luxembourg. Before building BitPesa, Ms Rossiello was a Rating Analyst for microfinance institutions in sub-Saharan Africa. She worked with regulators and policymakers across the region on legislation for financial innovations. She started her career at Credit Suisse in investment banking.
Ms Rossiello is a member of the Investment Committee for Bamboo Capital and the World Economic Forum's Future Council on Blockchain.
She is a graduate of Columbia University's School of International and Public Affairs.
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.
Omotade Odunowo has taken fets Ltd from a startup to one of Nigeria's leading mobile money operators. She joined the company as Chief Risk Officer in 2012, becoming MD/CEO in three years and in overall charge of the strategic growth of fets' flagship product, fetswallet, Nigeria’s first multilingual money transfer USSD application.
She has more than 19 years’ experience in information security, information privacy and data protection, risk management, technical security consulting and security operations.
Prior to joining fets, Ms Odunowo worked in the financial services industry for a number of Fortune 500 companies, as well as in one of Africa’s leading bank, focusing on information protection, risk management and privacy projects.
She has a BSc in Computer Science from the University of Ilorin, Nigeria, and a Master’s in Information Systems from Pace University, New York.
Michael Elliott is the Senior Business Leader and Lab Director for the Mastercard Labs for Financial Inclusion, an innovation hub based in Nairobi, Kenya. The Mastercard Lab for Financial Inclusion is the first Mastercard Lab in Africa and the first to focus on financial inclusion. With the support of the Bill and Melinda Gates Foundation, it combines Mastercard's innovation and global financial inclusion capabilities with local expertise and insight with the aim of impacting more than 100 million people.
Mr Elliott is responsible for the development of innovative financial inclusion solutions that combine local expertise and insight.
Prior to Mastercard, he led the Connected Farmer Alliance at TecnoServe. The position was in partnership with USAID and Vodafone. He was responsible for the development of mobile payment solutions and digital financial services for agriculture in Kenya, Tanzania and Mozambique.
He is committed to achieving Mastercard’s vision to connect 100 million people in Africa previously excluded from formal financial services through the use of public-private partnerships with governments, the private sector and non-governmental organisations.
Mr Elliott has an MBA from the Kellogg School of Management at Northwestern University, USA, and a BSc in Computer Science from the College of William and Mary, USA.
Aliou Maiga is the IFC Senior Manager, Financial Institutions Group, Sub-Saharan Africa, in charge of investment operations in the financial sector across the region. Mr Maiga has been with the IFC for more than 12 years and held several positions in Washington DC, Africa and East Asia, before his appointment to his current position in 2014. He has been instrumental in growing IFC’s FIG business in Africa and East Asia over the past five years. Mr Maiga led a major IT and change management project for the IFC for two years when he first joined the corporation before moving to the investment arm.
Prior to joining the IFC, he was IT Project Manager for the Treasury and Derivatives Groups (France and the US) at Credit Lyonnais Capital Markets for six years and a Management Consultant at Booz Allen & Hamilton (Europe) for two and a half years.
Mr Maiga has a degree in Electrical Engineering, Electronics, Telecoms and IT from SUPELEC (France), and an MBA in General Management from the International Institute for Management Development (IMD) in Lausanne, Switzerland.
Abdoulkarim Soumaila has been Secretary General of the African Telecommunications Union (ATU) since January 2011.
He is a telecoms professional with 20 years of experience in areas including network management and service development strategy. He has also contributed to the implementation of sectorial policies and innovative investment projects in several African countries.
Mr Soumaila has an MSc in Operational Telecommunications from the University of Coventry in the UK and a Telecommunications Application Diploma from National Institute of Posts and Telecommunication, Rabat, Morocco.
Rupert Scofield is President and Co-founder of FINCA International. An agricultural economist with 40 years of experience in developing countries, he co-founded FINCA in 1984 and has been its President since 1994. FINCA has grown from a firm with 60,000 clients and a loan portfolio of US$5m to one with a global presence with more than one million clients across five continents and a loan portfolio in excess of US$800m.
James Wainaina is Group Head of Customer Experience at Letshego leading on digital and micro solutions. He has 24 years of experience, primarily in sales and general management in the retail and corporate sectors. He was previously Vice President and Area Business Head, East and Southern Africa, at MasterCard, where he was responsible for the entire business delivery. Mr Wainaina has also worked for NIC Group, where he led on its launch of the direct interface between bank accounts and the M-PESA mobile wallet.
Archie Hesse is the Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS) Limited, a wholly owned subsidiary of the Central Bank with the mandate to transform the country into an electronic payments society.
Mr Hesse joined GhIPSS in 2007 as the General Manager in charge of Projects and Business Development. In this role, he supported the implementation of the National Biometric Smart Card Banking and Payment System (e-zwich), the Cheque Codeline Clearing (CCC) system, the Ghana Automated Clearing House (GACH) systems for direct debit and direct credit, and the National Switching and Processing System (gh-link) until his appointment as CEO in July 2012.
Prior to joining GhIPSS, he worked for the BMW Group in Germany, the UK, South Africa and the US for 10 years on various IT transformation initiatives in the Logistics, Manufacturing, and Sales and Marketing divisions.
Mr Hesse was a professional educator in the UK for nine years before he joined the BMW Group. He has a degree in Physics and Computing, a PGCE and an MBA in Finance. He also has a professional qualification in Project Management and IT Infrastructure Library (ITIL).
Mary Gicharu is CEO/Managing Director of iHub. She joined the team in May 2017 from Equity Bank, where she was Program Manager, and led and managed the implementation of Equitel, a secure converged banking and mobile services channel and the largest mobile virtual network operator (MVNO) in Africa. She also spent eight years at Morgan Stanley in New York, USA, as a Program Manager in the COO Office. Before this she worked in Strategy and Planning and Portfolio Management at Coca-Cola enterprises in Atlanta, USA.
Ms Gicharu has a Bachelor’s degree in Finance.
Eli Hini is General Manager of Mobile Money Limited, the MTN Ghana mobile financial services subsidiary, and is responsible for driving strategy, business development and innovation.
Prior to this he was the Commercial Senior Manager for MTN Mobile Money, a role he held for approximately seven years. Mr Hini was instrumental in setting up Mobile Money services in Ghana and growing the subscriber base, transaction volumes and value. He also led the MTN Ghana team to receive ISO certification (ISO/IEC 12007: 2013 certification) in 2016.
He is a Chartered Marketer with over 17 years of experience, and has also held leadership positions at Unilever Ghana Limited and Coca-Cola Bottling Company Limited. He has a degree from the Kwame Nkrumah University of Science and Technology, Ghana, and a postgraduate diploma in Marketing from the Chartered Institute of Marketing, UK.
Rose Muturi is the East Africa Regional Manager at TALA, overseeing operations in Kenya and Tanzania. She has experience in the financial services industry through various roles at Standard Chartered Bank, leading product development and strategy at Chase Bank as well as Director for Product and Strategy in Africa, for TransUnion.
She was named one of Kenya’s Top 40 Women Under 40 in Business Daily’s 2015 listing. She was also ranked in the Choiseul 100 Africa 2016 and 2017: Economic Leaders for Tomorrow report by Institut Choiseul.
Jesse Moore is CEO and Co-Founder of M-KOPA Solar, the world's leading provider of "pay-as-you-go" energy services for off-grid customers.
M-KOPA Solar saves off-grid customers money by replacing kerosene with affordable renewable energy. In just over 3 years from launch, M-KOPA has connected more than a third of a million homes to solar power across Kenya, Uganda and Tanzania, and is adding over 500 more homes each day. Based on this growth M-KOPA was awarded the prestigious Zayed Future Energy Prize and was ranked by Fortune Magazine as one of the Top 50 Companies Changing the World.
Jesse moved to Kenya in 2010 to start M-KOPA and has overseen the company’s growth to over 2000 employees and sales agents. Prior to M-KOPA, he was the Director of the GSM Association Development Fund in London, where he worked with mobile network operators in Africa and Asia to adopt new business models that drive business growth and benefit low-income consumers, such as mobile money. Early in his career Jesse worked with the international development charity CARE and as a strategy consultant for Monitor Group.
Originally from Toronto, Canada, Jesse holds an MBA from Oxford University (Skoll Scholar) and a BA from the University of North Carolina (Morehead Scholar).
Chairs and Moderators (3)
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) and The Growth Delusion (Bloomsbury, 2018).
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 is deputy editor at The Banker, covering transaction banking and technology. Previously, 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 and editor at gtnews, which cover corporate treasury. She also worked as staff writer on Banking Technology and IBM Computer Today, as well as a freelancer on Computer Weekly. She has a BSc from the University of Victoria, Canada.
Agenda - 7th Mar
8:00amRegistration and networking
9:00amChair’s opening remarks
David Pilling, Africa Editor, Financial Times
9:10amOpening speech: Spotlight on digital financial services in Africa
- Can we realise the World Bank group’s goal of ensuring universal access to finance by 2020?
- How can you facilitate interoperability and low cost cross-border transactions?
- How do you scale up digital financial services across the continent?
- What is the role of knowledge management in next generation digital financial services?
- Why is it important to improve banks' payments infrastructure?
- How is investment in the payments space changing banking industry dynamics in Africa?
Riadh Naouar, Head, Financial Institutions Group Advisory Services, Africa Region, IFC
9:30amPanel discussion: Africa’s digital transformation
- What are the current market trends in African payments?
- Where are the opportunities for innovators in African payments? – What bolt-ons can be successful?
- How are efforts to create fintech hubs driving innovation in African payments?
- What is the role of blockchain and bitcoin in African payments?
- How do you address the cyber-security challenges of a digitally connected world?
- What is the role of payments in cutting corruption and reducing the need for middle men?
- How do you monetise innovation?
- What impact will changes in Africa’s telecoms market have on the payments sector throughout the continent?
Greta Bull, CEO, CGAP
Senator Gideon Moi, Chairman, Senate ICT Committee, Kenyan Government
Rupert Scofield, President and Co-founder, FINCA International
Abdoulkarim Soumaila, Secretary General, African Telecommunications Union
David Pilling, Africa Editor, Financial Times
10:55amThe C-Suite Session: Innovation, empowerment and inclusion
- How can innovation aid the growth and development of other sectors, such as healthcare, education and agriculture?
- What is the role of telcos and banks in promoting civil society?
- How do you make a mobile payments system a success for all stakeholders?
- How do you develop products and services targeted at customers of the future?
- How is payments innovation helping provide social security support and aiding refugees?
- What is the role of digital transformation in cross-border payments?
- How do you create a flexible payment system that’s suitable for tech savvy as well as digitally illiterate consumers?
- How are accelerator programmes supporting the innovators of the future?
Mohamed Dabbour, Executive Vice President, Africa, Millicom
Elisabeth Medou Badang, CEO, Regional Director, Orange Middle East and Africa
Daniel Monehin, Executive Vice President, Remittances and Head of Financial Inclusion, Mastercard
John Aglionby, East Africa Correspondent, Financial Times
11:50amKeynote interview: A CEO's view of innovation
- What are the biggest payments innovation issues facing Africa’s banks – and how do you address them?
- How can banks work with start-ups to bring innovative solutions to market?
- What is the role of payments innovation in a pan-African bank?
- How do you ensure innovation is a success in different jurisdictions in Africa?
- How close will we get to a cashless economy?
James Mwangi, CBS, Group Managing Director and Chief Executive Officer, Equity Group
David Pilling, Africa Editor, Financial Times
1:25pmLeaders’ Dialogue: Regulation, innovation and inclusion
- How can regulatory reform and government support make a difference?
- How do regulations keep pace with tech developments? And what effect will increased regulation have on market innovation?
- Should payments be a right for citizens or a market opportunity for firms? And what role can regulators play in setting these goals?
- How do you regulate cross-border payments?
- How do you increase adoption of mobile money services?
- What is the role of regulators in the new world of crypto currencies?
Mukhisa Kituyi, Secretary-General, UNCTAD
Milton A Weeks, Executive Governor and Chairman of the Board of Governors, Central Bank of Liberia
David Pilling, Africa Editor, Financial Times
2:10pmPanel discussion: Focus on West Africa
- Where are the opportunities for innovators in West Africa?
- Who are the payments leaders in West Africa? And what can the rest of the world learn from the region?
- How can the region continue to grow agent networks and address the challenge of agent activity?
- How are regional players encouraging users to make more sophisticated payments?
Archie Hesse, Chief Executive Officer, Ghana Interbank Payment and Settlement Systems
Eli Hini, General Manager, Mobile Money, MTN Ghana
Elizabeth Rossiello, CEO and Founder, BitPesa
James Wainaina, Group Head, Customer Experience,Letshego
Joy Macknight, Deputy Editor, The Banker
3:35pmFireside chat: The intersection of the banking and fintech ecosystem
- What is the evolving relationship between banks and fintechs in Africa?
- How are banks keeping pace with the fast changing digital world?
- Are there opportunities for banks to partner with other players in the digital world?
- What are some of the key risks that banks face as they adapt to a changing world?
Aliou Maiga, Senior Manager, Financial Institutions Group Sub-Saharan Africa, IFC
John Aglionby, East Africa Correspondent, Financial Times
3:55pmPanel discussion: Spotlight on innovation
- How do you encourage the next generation of entrepreneurs?
- What do end-users want from payments innovation?
- How can banks, corporates and SMEs work together to drive greater innovation?
- What is the impact of competition on payments innovation throughout Africa?
- How can innovation drive open banking? And who stands to benefit?
- What do millennials want from the payments experience?
Michael Elliott, Senior Business Leader and Lab Director, Mastercard Labs for Financial Inclusion
Mary Gicharu, CEO/Managing Director, iHub
Jesse Moore, CEO and Founder, M-Kopa
Rose Muturi, Regional Manager, East Africa, TALA
Omotade Odunowo, CEO, fets
Joy Macknight, Deputy Editor, The Banker
4:45pmClosing keynote interview: What’s next for innovation in African payments?
- How will payments innovation continue to promote economic growth and inclusion in Africa?
- What will be the big payments challenges for regulators in 2020 and beyond?
- How will central banks work with the various parts of the innovation value chain in the future?
- What will central banks want from innovators, banks, telcos and other key stakeholders in the future?
Patrick Njoroge, Governor, Central Bank of Kenya
John Aglionby, East Africa Correspondent, Financial Times
5:05pmChair’s concluding remarks
David Pilling, Africa Editor, Financial Times
- 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.
The FT Africa Payments Innovation Summit will be attended by senior level representatives from government ministries, regulators, policy makers, banks, telcos, original equipment manufacturers (OEMs), hardware suppliers, software developers, mobile service providers and distributors.
Be in good company
Companies that attended the 2017 summit
Abax Corporate Services, Asoko Insights, Bank of Mauritius, Barclays Bank Kenya, Benjava Communication & PR Firm, BitPesa, Bloomberg, Blue Crayon, Branch International, Capital FM, CarePay, CCTV, Central Bank Kenya, CGAP, Citizen TV, CNBC Africa, Commercial Bank of Africa, Communications Authority of Kenya, Control Risks, Co-operative Bank of Kenya, Craft Silicon, Creditinfo CRB, Creditinfo Group, Diamond Bank, Dunross & Co, Ecobank Kenya Limited, Equity Bank Kenya, Financial Sector Deepening (FSD) Kenya, First Choice Global Ltd, Fortis Microfinance Bank/Fortis Mobile Money, Fusion Group, GBS Africa, Global Accelerex Limited, Grayling, GSMA, Guaranty Trust Bank, Huawei, IFC Advisory Services, IHub, Infinity Space, Ingenico, Innov8tiv.com, Integrated Payment Services, International Monetary Fund, Japan External Trade Organization, Jersey Finance, KBC, KCB Bank, KCB Group, Kenya Bankers Association, Kopo Kopo Inc, Letshego Holdings, Mastercard, Mauritius Commercial Bank, M-Changa, McKinsey & Co, MFS Africa, M-Kopa Solar, MTN Ghana, NATCOM Sierra Leone, Nathan Clare, Nation Media Group, NIC Bank, Nigeria Inter-Bank Settlement System(NIBSS), Ninayo, Oberthur Technologies, Pan-African Conferences, People Daily, Popote Payments, Potenash, Proparco,Quartz Atlantic Media, Rich Management, Safaricom, SawaPay (First Choice Global), Scancom PLC (MTN Ghana), Sierra Express Media, Softype Inc., Standard Chartered Bank Kenya, Sudabill for Services, Sudatel, Talamobile, Techweez, Telkom Kenya, Terragon Limited, The Boston Consulting Group, The MasterCard Foundation, The Star, Tracom Limited, TransferTo, Universal Access Development Funds, Villgro Kenya, WorldRemit, WPP Scangroup
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Presented by (2)
The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. In 2016 the FT passed a significant milestone in its digital transformation as digital and services revenues overtook print revenues for the first time. The FT has a combined paid print and digital circulation of more than 910,000 and makes 60% of revenues from its journalism.
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.
Gold Sponsors (2)
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively 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.We utilize and leverage our products and services—as well as products and services of other institutions in the World Bank Group—to provide development solutions customized to meet clients’ needs. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and political challenges.IFC is also a leading mobilizer of third-party resources for its projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources.
Exhibitor Sponsor (1)
Entrepreneur Partner (1)
Village Capital builds bridges for entrepreneurs who are creating an inclusive and sustainable world. Our programs connect high potential, early-stage entrepreneurs with the people, institutions, and capital they need to succeed. Since 2009, Village Capital has supported more than 1,000 entrepreneurs through our programs, and partnered with affiliated investment funds, including VilCap Investments, that have invested seed capital in more than 90 program graduates.
Media Partners (8)
Africa investor Ai is an investment holding platform that aligns its client base of sovereign wealth funds, pension funds, family offices and long-term investors with vetted infrastructure, private equity and technology investment opportunities in Africa. The Ai Group provides, secure easy to use transaction platforms and investment advisory services, strategic research, investment indices and investment communication services, to support its client’s investment programmes in Africa. Africa investor advises clients from around the globe, acting as a principal investor, in strategic assets on the continent through Ai Capital.
Asoko Insight (Asoko) is Africa’s largest online repository of privately-held company information. Our objective is to facilitate instant access to reliable information on Africa’s most dynamic companies, at scale. With support of research teams based in Addis Ababa, Accra, Lagos and Nairobi we have captured in-depth profiles on more than 11,000 mid to large cap corporates thus far and are rapidly adding to that number. We work with investors, corporates and governments worldwide who are looking for business partners and investment opportunities.
BizNis Africa is a niche online media publication focusing on key investment opportunities across Africa.
BizNis Africa is an independent online trade and investment news website that focuses on Africa's 3 major business economic sectors - ICT, Mining and Energy. The aim of the online business investor publication is to cover Africa's untold business news and expose its vast opportunities.
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 markets across Africa.
We create sustainable communities of corporates, SMEs, government entities, advisors, regulators, bankers and funds.
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
We work with international and regional firms to design their Africa strategy, provide insights into Africa’s political and economic prospects and how these impact on Africa operations. We provide trade competitiveness and market access advice, support with capacity building in related fields, including in export promotion, market surveys, sectorial competitiveness guides and advice on Foreign Direct Investment. Our clients include international and regional institutions, governments, private sector and local Authorities.
NFC Times is the premier 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.
The Business Year (TBY) is a global media group specializing in economic news, research on national economies, and business intelligence across emerging markets. With operations in over 35 countries, we bring first-hand insights to investors, businesses, and governments worldwide.
WeCashUp is a Universal Payment Gateway that uses Artificial Intelligence and Blockchain to enable organizations to disburse and accept Cash, Mobile Money, Bank Mobile Wallets, Credit & Debit Cards and Cryptocurrency payments online and offline through a single API integration.