The Digital Revolution: Enhancing Cross-Border Payments in Africa – Panel at Africa Tech Summit Nairobi 2025 featuring insights and views from Eric Wainaina – General Manager, Africa at Conduit, Yemi Lawani – Director of Business Development at Circle Iheakachi Nwabueze – Head of Global Marketing and Growth at Grey Dr. Collins Igwe – CFO at Budpay and moderated by Paschal Okeke – Head of Operations & Expansion at CrissCross.

Panelists discuss the current state of cross-border payments on the continent, the technological advancements in financial services powered by blockchain and digital currencies and highlight the anticipated growth of the African payment market, projected to reach $40 billion with 70% being digital.

The session touches on key challenges in the industry, including high transaction costs, regulatory fragmentation, compliance complexities, inefficient banking infrastructures and differing regulatory frameworks across countries present additional hurdles for cross-border transactions.

Listen to a live panel on "The Truth About Venture Capital; Unveiling Today’s Trend & Reality" recorded live at Africa Tech Summit Nairobi. Visit our website for more details and future events: www.africatechsummit.com.

With

Jason Njoku – Founder at NjokuZilla

Andreata Muforo – Partner at TLcom Capital

Selma Farouk – Investment Analyst at DPI VC

Maxime Bayen – Operating Partner at Catalyst Fund

Eric Osiakwan – Founder and Managing Partner at Chanzo Capital

Highlights include

🌍 Diverse Ecosystem: African investment opportunities span various sectors, with fintech and climate technology being front-runners.

📉 Current Trends: A noticeable decline in startup funding was observed, yet there’s optimism about recovery as macroeconomic conditions stabilize.

💰 Local Knowledge: The significance of local investors was emphasized for navigating Africa’s unique market complexities.

🚀 Growth Challenges: Founders need to adopt capital efficiency strategies and focus on sustainable growth amidst economic volatility.

Listen to a live panel on "Africa's FinTech Frontier: Payments & Growth Opportunities" recorded live at Africa Tech Summit Nairobi. Visit our website for more details and future events: www.africatechsummit.com.

Featuring

Didi Uwemakpan - VP at Moniepoint

Adesoji Solanke - Head of FinTech & Banks, Investment Banking Origination at Absa

Shay Hamilton - CEO at Tola

Saruni Maina - Associate VP at Flutterwave

and moderated by Nkiru Uwaje - COO at Mansa Finance

Highlights from the session include:

🌍 Growth of Fintech: The African fintech industry is experiencing rapid growth, driven by increased mobile penetration and digital payment adoption.

💳 Mobile Money Integration: The rise of mobile money services is transforming payment systems, facilitating real-time transactions and increasing financial inclusion.

🔒 Challenges in Security: The advancement of technology also brings challenges, particularly in fraud protection and identity management for fintech companies.