8th African Fintech Summit set to host in Cape Town

WASHINGTON, District of Columbia, August 3, 2022, /African Media Agency/- Leading innovators, investors, and policymakers will assemble in Cape Town, South Africa, in November 2022 for the 8th edition of the Africa Fintech Summit (AFTS). The summit will be held in the Cape Town International Convention Center from November 2–4, 2022. (CTICC).

The AFTS is the most important international effort devoted to financial technology in Africa, with participants who collectively represent over $4.5 billion in private equity and venture capital funding. The twice-yearly summit takes place in a different African city each November and in Washington, D.C. each April. In recognition of South Africa's position as one of the Top 4 African Fintech ecosystem hubs, Cape Town's ranking as one of the Top 3 Startup Cities in Africa, the country's well-developed infrastructures with effective financial, legal, energy, telecommunication, and transport systems, as well as a stock exchange that is Africa's largest and among the Top 20 in the world, the AFTS Advisory Board unanimously decided to host the event in Cape Town in 2022.

Wesgro CEO Wrenelle Stander welcomed participants from the AFTS to Cape Town and said: "We are thrilled that the Mother City has been chosen to host the next Africa Fintech Summit. Cape Town is Africa's Innovation Capital and well-positioned to contribute to the success of the event thanks to our cutting-edge conference facilities, robust financial industry, and active tech ecosystem. We are excited to support the summit and welcome the delegates for a memorable visit to South Africa.

We are thrilled to introduce AFTS to South Africa, a global leader in banking and telecommunications services and one of the top African nations with the most cutting-edge technology ecosystem hubs and skilled tech expertise. Zekarias Amsalu, co-founder of AFTS, said "We look forward to welcoming our worldwide delegates and ecosystem actors to Cape Town this November and so collaborative collaborations and initiatives are created towards Africanization of global tech."

The AFTS in Washington, D.C., hosted 289 in-person and 200 virtual delegates from over 35 countries in April, including government representatives, business owners, investors, DFIs, bank executives, policymakers, and corporate influencers.

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