ADIC 2018 Financial Technology (FINTECH) Discussions
Africa │ FINTECH provides convenience, fluidity and overall accessibility of financial products that empowers business, people and social inclussion.
At the African Infrastructure Development Convention (ADIC) 2018, there are a wide range of industries and sectors that will need to be discussed. To ensure that there is no stone left unturned during the many discussions that will take place, we have split the event up into numerous individually focused sectors and dedicated seminars and forum platforms to each one.
Here, we look at one of those sectors - the Financial Technology or FINTECH sector.
The Importance of Fintech
Arguably one of the most pivotal sectors up for discussion at ADIC 2018 is that of Fintech. There is something of a revolution going on right now in the financial industry across the world, with new and emerging technology changing the way money is invested, transferred and interacted with in general.
ADIC Is Also Changing the Narratives
This is Ethiopia.
"Ethiopia, The Land of Sheba in the horn of Africa is bordered on the west by the Sudan, the east by Somalia and Djibouti, the south by Kenya, and the northeast by Eritrea. Very significant in her history is the Archeological finding of the oldest known human ancestors. "
The beautiful terrain of Ethiopia includes Massive highland complex of mountains. The most notable of these is the Simien Mountains, the highest point of which is Ras Dejen (or Dashen), 14,872 feet (4,533 metres) high and dissected plateaus divided by Great Rift Valley running generally southwest to northeast and surrounded by lowlands, steppes, or semidesert; northeastern coastline of about 960 kilometers along the Red Sea.
Ethiopia has one of the fastest growing economies in the world and is Africa’s second most populous country. Ethiopia's economy has grown at an annual rate of nearly 10 percent for the last seven years.
Noteworthy is the coffee plant, which was introduced into the Arab world from Ethiopia. Coffea arabica, the most highly regarded species, is native to the southwestern highlands of Ethiopia.
The country has deposits of coal, opal, gemstones, kaolin, iron ore, soda ash, and tantalum, but only gold is mined in significant quantities.
Ethiopia has attracted significant foreign investment in textiles, leather, commercial agriculture, and manufacturing. However, sectors such as telecommunications, banking and insurance services, air and land transportation services, retail, mining, and other micro-credit industries are considered as strategic sectors for next generation development.
What advances in this field aim to provide is that of convenience, fluidity and overall accessibility of financial products that empower business to grow. Fintech is currently actively challenging the traditional methods of money management and those economies that don’t embrace its growing appeal are at risk of being left behind.
For many years, the financial sector has been seen as one that’s quite slow in its adoption of new technological innovations, but this is changing, and in a big way. The discussions being held at ADIC 2018 aim to ensure that African business is agile enough to take advantage of it.
There’s Still Time to Register
ADIC 2018 is just one of the many ways we are striving to making the kind of changes needed for a free trading African continent, with a much wider reaching African Free Trade Area (AfCFTA). Everything we do is geared to break down barriers and smashing the misconceptions that Africa needs to ‘helped’ by the wider business community. There is a wealth of talent and opportunity across Africa and by attending this year’s convention, you or your organisation can be part of the movement to liberate that innate strength and potential.
You can book your tickets (which are available of a first come, first served basis) by by registering here. This year’s event promises to be the best yet. We already have a long list of confirmed delegates, keynote speakers and major business influencers.
Fly Ethiopian - save 20%. "the authentic "New Spirit of Africa".
Go here to get your ticket to Zurich.
We look forward to seeing you there!