Breakout 2
Saturday
|
11:25 am
Aldrich 109

Financial Inclusion

According to the World Bank “Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs, delivered in a responsible and sustainable way”. Current estimates show about ~55% of Africa’s population is unbanked and ~40% are living in poverty. Fortunately, novel financial technologies and innovative banking systems have begun to revolutionize this dynamic in recent times. This panel will explore three main themes: 1) What does financial inclusion mean in Africa, who exactly has been excluded historically and why is it important to bring them in? 2) What is the responsibility of industry participants to drive financial inclusion and help lift the continent out of poverty? 3) What does the future of Financial Inclusion in Africa look like?

Financial Inclusion

According to the World Bank “Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs, delivered in a responsible and sustainable way”. Current estimates show about ~55% of Africa’s population is unbanked and ~40% are living in poverty. Fortunately, novel financial technologies and innovative banking systems have begun to revolutionize this dynamic in recent times. This panel will explore three main themes: 1) What does financial inclusion mean in Africa, who exactly has been excluded historically and why is it important to bring them in? 2) What is the responsibility of industry participants to drive financial inclusion and help lift the continent out of poverty? 3) What does the future of Financial Inclusion in Africa look like?

America/New_York
Mar 25, 2023 11:25 AM
Aldrich 109

Other Sessions

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Specials
Friday
|
10:00 pm
Chinatown Country Club
Afrolituation x World Afrika Party sponsored by Amplify Africa
Sounds by Spinall, SuperSmashBroz, KingCollins and $25 for Conference Attendees All Night
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Afrolituation x World Afrika Party sponsored by Amplify Africa

10PM-2AM
Chinatown Country Club
9a Tyler Street, 3rd Floor
Boston, MA 02111
$25 for conference attendees until 12:30AM

https://www.eventbrite.com/e/afrolituation-x-world-afrika-tickets-579664350677

America/New_York
Mar 24, 2023 10:00 PM
Chinatown Country Club
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Specials
Friday
|
6:00 pm
Klarman Hall
New Venture Competition
Annual pitch competition to showcase the diversity of entrepreneurs making a difference on the continent today
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New Venture Competition

As part of the conference, the Africa Business Club will be hosting the New Venture Competition which seeks to showcase the diversity of entrepreneurs making a difference on the continent today.

From the pool of over 380 applications, 10 finalists were  invited to pitch their business in front of over 1,000 attendees and receive feedback from a panel of experienced judges. The competition winner and runner-up, and third place will be awarded cash prizes of $30,000, 15,000, and $10,000, respectively.

America/New_York
Mar 24, 2023 6:00 PM
Klarman Hall
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Breakout 3
Saturday
|
3:45 pm
Spangler Auditorium
Climate and Sustainability
Accelerating Climate Resilience and Adaption for Sustainable Growth in Africa
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Climate and Sustainability

Africa accounts for only two to three percent of global greenhouse gas emissions, yet it is disproportionately affected by the impacts of climate change. Key development sectors have already experienced severe damages including water shortages, reduced food production, biodiversity loss, loss of lives and reduced economic growth. Populations as well as businesses alike are increasingly exposed. Governments, businesses, and civil society must collaborate to deploy and scale solutions across industries that accelerate climate resilience and adaptation. Africa is also uniquely positioned to capitalize on the international transition to “green growth”, with opportunities to tap into new, fast-growing industries that can help to reduce global emission while creating jobs and economic development at home. This panel highlights investors, operators, and advisors to businesses and governments who aim to build synergies on the continent between climate adaptation and sustainable growth.

America/New_York
Mar 25, 2023 3:45 PM
Spangler Auditorium