Nigeria To Host Africa Fintech Summit For the First Time

The Africa Fintech Summit, Africa’s premier financial technology event, will be held for the first time in Lagos, Nigeria, in November. This event comes on the heels of the earlier edition in Washington D.C.

The Summit, organized by Dedalus Global, gathers innovators, investors, policy makers and other key stakeholders in the Fintech sector to discuss technologies transforming finance on the continent, debate regulatory policies, compare best practices, and forge new ventures

Speaking on the decision to bring the Summit to Lagos, the Chairman of the Summit, Leland Rice, said: “Lagos is an ideal host city; it is an epicenter of Africa’s fintech revolution and the driving force behind the continent’s entrepreneurial spirit. The successes of companies such as Paga, Flutterwave, Mines.io, and Paystack have strategically positioned Lagos as the destination of choice for investors.”

According to her, the first edition of the Summit in D.C. was a launch pad for several milestone fintech deals struck among its delegates in the months after the event. “We plan to build on these successes in Lagos, with a focus on bringing innovators and policy makers together to move the needle on fintech regulation and bringing founders and investors together to facilitate further capital raises,” added Leland.

The two-day event will feature investor missions from the US, UK, and UAE, an Alpha Expo featuring the most exciting startups and entrepreneurs in Nigeria, a half-day blockchain masterclass, and an awards ceremony.

Reacting to the decision to host the Summit in Lagos, the Senior Special Assistant to the President on Technology, Lanre Osibona, stated, “This reflects the progress Nigeria is making in the areas of technology and financial services. The event is very important as it comes at the heels of the Vice President Osinbajo’s trip to Silicon Valley to promote Nigeria’s tech sector. We look forward to collaborating with the organizing committee and to a successful event in Lagos.”

In a similar vein, the founder of Paga, a payment company that recently raised $10 million in Series B2 funding, Tayo Oviosu said that “the Africa Fintech Summit in Washington D.C. provided valuable insights into the fintech space and connected me with key players in the industry. I look forward to the Lagos edition.”

Speakers lined up for the event include Chief Economist of Pricewaterhouse Coopers (PwC) Nigeria, Dr. Andrew S. Nevin; Managing General Partner of EchoVC, a Venture Capital firm, Eghosa Omoigui; CEO of Diamond Bank, Uzoma Dozie; Founder of Flutterwave, Iyinoluwa Aboyeji; and CEO of PayStack, Shola Akinlade, whose company recently raised $8 million Series A funding

 

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