Fidelity Bank Plc has announced plans to spotlight the transformative role of financial technology in advancing trade between the United States and Africa.
In a statement, the bank revealed it will host a high-level panel session themed “Digital Railroads: Powering U.S.–Africa Commerce Through Fintech” during the upcoming Fidelity Nigeria International Trade and Creative Connect (FNITCC) in Atlanta, USA.
The session will examine how fintech is revolutionising cross-border trade by streamlining payments, expanding access to finance, and promoting financial inclusion across Africa and its diaspora. Among the panellists are former Deputy Governor of the Central Bank of Nigeria, Aisha Ahmad; Founder of Payaza Africa, Seyi Ebenezer; and Founder/CEO of Sawport, Charles Oligbo.
Speaking ahead of the event, Fidelity Bank’s Divisional Head of Agric and Exports, Isaiah Ndukwe, underscored fintech’s potential to unlock Africa’s vast trade opportunities
“The African Continental Free Trade Area is projected to boost intra-African trade by more than 50 per cent by 2030. But challenges like fragmented payment systems, currency conversion, and limited trade finance continue to hold businesses back,” he said.
He added, “Fintechs are uniquely positioned to address these gaps, enabling real-time, low-cost cross-border payments, offering alternative financing for SMEs, creating digital identities for exporters, and facilitating diaspora remittances and investments. This is why we’re putting fintech at the heart of discussions at FNITCC Atlanta.”
The event, organised in collaboration with AFRICON—a premier global gathering of African innovators and changemakers—expects over 3,000 attendees, including investors, exporters, trade agencies, and diaspora professionals. Trade and investment deals exceeding $400 million are anticipated.
Highlighting the growth of the sector, the African Development Bank projects Africa’s fintech revenues to reach $30 billion by 2025, reflecting how digital finance is not only driving transactions but also shaping the future of global trade
Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it.
Drop your comment in the section below, and don’t forget to share the post
Fresh information has surfaced regarding Victor Osimhen ahead of Galatasaray’s upcoming matches against Beşiktaş and…
Keep up with the latest news and be part of our weekly giveaways and airtime…
Keep up with the latest news and be part of our weekly giveaways and airtime…
Keep up with the latest news and be part of our weekly giveaways and airtime…
Keep up with the latest news and be part of our weekly giveaways and airtime…
Keep up with the latest news and be part of our weekly giveaways and airtime…