Nigeria to host CashlessAfrica Expo 2017

nigeria Jollof MaltCashless Africa Expo 2017 will take place in Lagos, Nigeria. (Photo: Jollof Maltl-flickr)CashlessAfrica Expo 2017 will take place at the Lagos, Oriental Hotel in Lagos, Nigeria between 22-23 March 2017

The CashlessAfrica conference is a platform for financial services supply side actors to present innovation, re-assess their current models and gain valuable market insight of the African digital financial services market.

This year the expo will include a Hackathon session, which is expected drive collaboration to bring different parties together to overcomes challenges in Africa's financial services sector. The CashlessAfrica champion awards is also new to the event, which will see awards presented to organisations that have had a role to play in transforming the digital financial services industry in Africa.

According to event organisers, digital disruption has had an impact the way, millions of people bank their money, for example, when make payments, in a continent where mobile phone penetration exceed bank accounts and bank cards ownership, combined.

The organisers also noted Africa’s highly regulated financial industry needs to adapt itself to the ongoing disruptions in the Fintech space and increasing demands of young and energetic customers, which represent a huge percentage of the continent’s population.

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