Black Affairs, Africa and Development


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Over recent years the African economy has received a unprecedented level of growth leading to substantial developments and expectations within the banking sector. It has been said that Africa’s financial services are among the continent’s fastest developing sectors. Analysts say the rate of return on foreign investment in Africa is higher than in any other developing region, with economies and middle classes growing alongside investment and business. High levels of international investment, a natural resource boom, and GDP growth has led to vast developments and expectations in Africa’s banking sector.

In alignment with Africa’s growing banking sector and international investment interests, Oliver Kinross the international operating business research organisation, will be hosting the African Banking Technology Summit 2014 taking place in London, October 20th & 21st. The event provides industry professionals the unique opportunity to discover the latest technologies and developments within the banking sector in Africa.

The summit is the only event in the world that brings large delegations of African banks to Europe to discuss the future of the industry. Opportunities will be examined for the future of retail and investment banking in Africa and will allow extensive networking opportunities with CEO’s, CTO’s, IT Managers, Cards & Payment Professionals and Mobile Banking Professionals from banks and telecommunication companies across Africa.

The event will cover topics relating to Africa’s development within banking across the continent which will be attended by hundreds of sponsored delegates from banks across Africa as well as international bank representatives, with discussions based on the next generation of technologies and services for the international banking and financial markets. The Summit will allow attendees to gain a key insight into the future of Cards & Payments in Africa as well as the next developments for Mobile Money and a extensive insight from banks, Telco’s and technology providers.

Although most Africans do not own a bank account, government officials and bankers believe the recent growth will allow many to gain access to basic banking facilities. With an emerging middle class evolving further economic expansion is predicted. So the demand for investing in the continent is of high interest to Europe’s financial sector making The Africa Banking Technology Summit an opportunity not to be missed.

Some of the key speakers include Moody Tembo, Principal Payment System Analyst – Policy, Research and Oversight, Bank of Namibia, Josephat Mutepfa, Senior Executive NationalPayment Systems, Reserve Bank of Zimbabwe, Mike Ogbalu III , Head of Mobile, First Bank of Nigeria, Tobe Nnadozie, Group Head; eBank, Heritage Bank, Speaker TBC, Ministry of Economy & many more.

One of the confirmed speakers , Angus Downie, Head of Economics Research, Ecobank will be delivering topics associated with the “THE FRONTIER FOR GROWTH” covering aspects of an economic miracle in Africa, drivers and outlook for economic growth across Africa, current trends, characteristics and the development of Africa’s Banking Sector and what is next for Africa Banking.

Oliver Kinross was founded in January 2008 with the aim of delivering high quality training, business intelligence and networking opportunities for industry. This is achieved through a series of Conferences, Summits, Exhibitions and Training Workshops attended by many of the world’s largest organisations. The main industries in which Oliver Kinross operates are European Energy Trading, Oil & Gas Exploration & Production, Smart Energy, International Development & Infrastructure.

For further information please contact:

Oliver Kinross Ltd, 3rd Floor, Archway House 1-3 Worship Street London, EC2A 2AB Tel: +44 (0)207 065 5530 //

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