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Finance: Africa's challenges for 2021

03/03/2021
Categories: Economy/Forex

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The African financial sector is among the major victims of the coronavirus crisis and its effects. On March 10 and 11, the Africa Financial Industry Summit will focus on the major challenges for reviving the sector. Convergence, digitalization, integration and technological revolutions will be at the heart of the discussions at the Africa Financial Industry Summit. Several projects must be opened to relaunch the African financial sector

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Namely: the acceleration of convergence between its various actors to boost financial inclusion, the structuring in the development of the African Continental Free Trade Area (Zlecaf) through an open and transparent public/private dialogue, not to mention digitalization. Global finance is constantly digitizing, transforming and reinventing itself. The advent of blockchain technologies and cryptoassets, the ability to collect and process an almost infinite number of data, the use of artificial intelligence...

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