The use of data has become increasingly important in Africa’s financial sector, particularly with the continent leading in the adoption of Mobile Money. With over 218 million active accounts in Sub-Saharan Africa, stakeholders are looking to leverage data insights to drive financial inclusion and economic empowerment.
One of the key events aimed at charting this path is the 2024 RegTech Africa Conference, which will bring together thought leaders, policymakers, and industry experts to discuss the role of data governance in Africa’s economic resurgence. According to Cyril Okoroigwe, CEO of RegTech Media, prioritizing data governance will unlock new pathways to innovation, resilience, and inclusive growth across the continent.
The conference will feature a lineup of speakers from around the world who will share insights into data governance, regulatory compliance, and technological innovation. The goal is to explore strategies for navigating the complexities of the digital age while fostering trust, transparency, and accountability.
While data-driven transparency and compliance offer immense potential for Africa’s digital financial ecosystem, challenges such as data privacy, security concerns, and regulatory collaboration across borders need to be addressed. Okoroigwe emphasized the need to prioritize data trust and security to safeguard the interests of all stakeholders in the digital finance space.
By harnessing the power of data, regulators can effectively monitor the activities of financial institutions, detect irregularities, and ensure fair business practices. The conference aims to explore practical strategies to address these challenges and opportunities presented by data-driven innovation in Africa.
Improving compliance processes in the digital financial ecosystem through data analytics can automate processes, reduce the burden on financial institutions, and improve accuracy and effectiveness.
The 2024 RegTech Africa Conference is the premier forum on regulatory services innovation and excellence in Africa. It brings together regulators, policymakers, and industry stakeholders to collaborate, engage, and share knowledge on new technologies and practices supporting better regulations.
For those interested in partnership and sponsorship opportunities, they can contact the organizers via email at [email protected] or by phone at +234-8034225060. More information about the conference and registration can be found on the event’s official website.
