W/African finance ministries, central banks to discuss financial inclusion in Lagos

Ministries of finance, central banks, telecoms companies and leaders in the banking industry from 10 nations across the West African region are set to gather in Lagos at The Future Banking Technology Summit to discuss efforts aimed at increasing financial inclusion in the sub-region by 2020.

The Future Banking Technology Summit will feature two days of panel discussions and case studies showcasing the full value chain of the region’s banking and financial sector to best achieve financial inclusion and sustainable banking sector growth.

Commenting on the summit, Khalila Baldwin, director of the summit said: “At such an exciting time for the financial space in West Africa, we knew it was imperative to launch an event capturing as many of the dynamic components of this sector as possible.

“A key focus of our event, and many new policies being driven within the region, is to ensure financial inclusion is increased across West Africa. We therefore wanted to shine a light on the leading strategies increasing access to finance with the top financial stakeholders in attendance.’’

The two-day summit will also tackle several paramount topics including, innovation in regulation- overcoming gaps in rural banking strategies, supporting innovative financial institutions to improve financial inclusion, improving credit facilities to under-banked and Small and Medium Enterprises.