In an era defined by digital transformation, data has become the cornerstone of innovation and progress, particularly within Africa's burgeoning financial landscape. With Sub-Saharan Africa spearheading the global adoption of Mobile Money, boasting over 218 million active accounts according to GSMA's State of the Industry Report on Mobile Money 2023, the region stands poised to leverage data-driven insights to drive financial inclusion and economic empowerment.
Against this backdrop, the 2024 RegTech Africa Conference is poised to gather thought leaders, policymakers, and industry experts to chart a course towards unlocking Africa's true prosperity. This flagship event is set to delve into the pivotal role of data governance in catalyzing Africa's economic resurgence.
Cyril Okoroigwe, CEO of RegTech Media, underscores the imperative of robust data governance frameworks, remarking, "Africa stands at a transformative juncture, where data has the potential to drive unprecedented socioeconomic advancement. By prioritizing data governance, we can unlock new pathways to innovation, resilience, and inclusive growth across the continent."
The event will convene an illustrious lineup of speakers from across the globe, each poised to offer invaluable insights into the nexus of data governance, regulatory compliance, and technological innovation. With keynote addresses, panel discussions, and interactive workshops, participants will explore cutting-edge strategies to navigate the complexities of the digital age while fostering trust, transparency, and accountability.
While the promise of data-driven transparency and compliance in Africa's digital financial ecosystem is immense, several challenges need to be addressed to maximize its impact. This includes issues like data privacy and security concerns, digital literacy, and the need for regulatory collaboration across borders.
"As Africa continues to embrace digital finance, it is imperative that we prioritize data trust and security to safeguard the interests of all stakeholders," said Okoroigwe. "By enhancing data governance practices, we can empower regulators, financial institutions, and consumers alike to make informed decisions and drive sustainable economic growth."
By harnessing the power of data, regulators can effectively monitor the activities of financial institutions and detect irregularities, safeguarding against fraudulent schemes and ensuring fair business practices.
From enhancing compliance processes to fostering regulatory collaboration across borders, the conference will explore practical strategies to address the challenges and opportunities presented by data-driven innovation in Africa.
Improving compliance by players in the digital financial ecosystem will go a long way in helping Africa unlock its future. Through data analytics, compliance processes can be automated, reducing the burden on financial institutions while improving accuracy and effectiveness.
Distributed by APO Group on behalf of RegTech Africa.
For partnership and sponsorship considerations, please contact:
Email: info@regtechafrica.com
Phone: +234-8034225060
About RegTech Africa Conference:
The RegTech Africa Conference is the premier forum on regulatory services innovation and excellence in Africa. It brings together regulators, the regulated, policymakers, and industry stakeholders to collaborate, engage, and share knowledge on new technologies and practices supporting better regulations.
For registration and more information about the 2024 RegTech Africa Conference, please visit: www.RegTechAfricaConference.com.
Latest Stories
-
CAF WCL 2024: Ghana’s Thelma Baffour wins title with TP Mazembe
10 mins -
Benjamin Boakye slams politicisation of energy sector issues and ECG’s inefficiencies
15 mins -
Erastus Asare Donkor and Dr Neta Parsram win big at 10th Mining Industry Awards
32 mins -
Government is “suppressing information” about power sector challenges – IES Director
39 mins -
Majority of our debts caused by forex shortfall – ECG Boss
1 hour -
Pan-African Savings and Loans supports Ghana Blind Union with boreholes
2 hours -
Bole-Bamboi MP Yussif Sulemana donates to artisans and Bole SHS
2 hours -
Top up your credit to avoid potential disruption – ECG to Nuri meter customers
2 hours -
Dutch & Co wins 2024 Entrepreneur of the Year Award
2 hours -
We’ll cut down imports and boost consumption of local rice and other products – Mahama
4 hours -
Prof Opoku-Agyemang donates to Tamale orphanage to mark her birthday
6 hours -
Don’t call re-painted old schools brand new infrastructure – Prof Opoku-Agyemang tells gov’t
6 hours -
Sunon Asogli plant will be back on stream in a few weeks – ECG
6 hours -
ECOWAS deploys observers for Dec. 7 election
6 hours -
73 officers commissioned into Ghana Armed Forces
6 hours