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PH and Kenya Collaborate for Africa x ASEAN Fintech and Digital Economies Event in October

Photo for the Article - PH and Kenya Collaborate for Africa x ASEAN Fintech and Digital Economies Event in October
  • Key players from the fintech industries of Africa and ASEAN have signed a partnership that sets the stage for the first ever Africa x ASEAN Digital Economies and Fintech Month, both happening on the week of October 2-6, 2023, in Manila, Philippines, and Nairobi, Kenya. 
  • For Digital Pilipinas Convenor Amor Maclang, the partnership aims to ensure that local companies will invest in the fintech compound in a combined population of two billion from the two regions. 
  • Meanwhile, for Africa Fintech Network CEO Patrick Saidu Conteh, the collaboration is a demonstration of the strong emerging partnership among the major digital finance stakeholders in the spirit of sharing innovative technologies, knowledge, and best practices to support the sustainable development of our countries.

Aiming to promote digital economies, identifying fintech, decentralized assets, and fundraising as focus areas for convergence in both regions, key players from the fintech industries of Africa and Southeast Asia (SEA) have signed a partnership that sets the stage for the first ever Africa x ASEAN Digital Economies and Fintech Month, both happening on the week of October 2-6, 2023, in Manila, Philippines, and Nairobi, Kenya. 

Africa x SEA Fintech Partnership

“This landmark agreement marks the beginning of a collaboration between the two regions in advocacy, fundraising, payments, lending, decentralized assets, start-up development, regulatory exchange, and education,” the parties involved said during the signing at the Fintech Forum in Kigali, Rwanda.

(Read more: BSP Report: P2P & Merchant Payments Propel Digital Payments Adoption in the Philippines)

For Africa, the partnership was represented by Africa Fintech Network (AFN), a network of 35 countries from the region, together with AFN CEO Patrick Saidu Conteh, Fintech Association of Nigeria President Segun Aina, and Nigeria Inter-Bank Settlement System CEO Premier Oiwoh. 

“Africa and ASEAN are uniquely placed to leapfrog digital economic development. The recent signing of a cooperation agreement with our various ASEAN partners as the One ASEAN Fintech Movement/GIFT/Digital Pilipinas & Africa Fintech Network is a demonstration of the strong emerging partnership among the major digital finance stakeholders in the spirit of sharing innovative technologies, knowledge, and best practices to support the sustainable development of our countries,“ said Conteh. 

Photo for the Article - PH and Kenya Collaborate for Africa x ASEAN Fintech and Digital Economies Event in October
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Meanwhile, for its ASEAN counterpart, witnessing the partnership agreement signing were Singapore’s Monetary Authority Chief Fintech Officer Sopnendu Mohanty, Global Fintech Institute Chairman of the Board David Lee, National Bank of Cambodia Executive Ouk Sarat, Cambodia Fintech Association Chairman Remi Pell, and Philippine Fintech Association Convenor Amor Maclang. 

(Read more: PH Economic Zone, DTI’s Board of Investments Pick Digital Pilipinas as Promotions Partner)

“By rolling out the Chartered Fintech Professional (CFtP) professional qualification program in collaboration with our partners, Digital Pilipinas and Africa Fintech Network, GFI is committed to leveraging on this partnership to empower and nurture future generations of fintech talents in ASEAN and Africa with a global mindset, a rigorous knowledge framework for continually keeping up with industry development and trends, and strong ethical standards,” Lee highlighted.

Meanwhile, the entities involved also announced that interested entities that want to be part of the October celebration can reach out to either Conteh or Maclang. 

“Africa and ASEAN have almost the same parallel journey in our digital economy, and our commitment to take this side by side with our African Fintech Leaders ensures that engaging and investing in the combined population of 2 billion as a fintech market will be a primary agenda of many companies, countries, and organizations,” Maclang concluded. 

This article is published on BitPinas: PH and Kenya Collaborate for Africa x ASEAN Fintech and Digital Economies Event in October

Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.

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