Becoming a digital hub in West Africa

"Lomé, May 16, 2024 - Togo expresses its ambitions in the field of digital finance during the opening of the International Forum on Digital Intermediation and Innovation (FONI) 2024. This year, the conference focuses on the continent's transformation in terms of intermediation and technological and digital innovations in finance, positioning Togo as a future regional leader in this sector."

The Minister of Financial Inclusion and Informal Sector Organization, Mrs. Mazamesso Assih (pictured), highlighted the country's recent initiatives: 'We have established a charter and doctrine for SMEs, strengthened our legal framework to make our business environment stronger and more attractive, and we have established a data center and strengthened the installation of submarine cables.' The Minister also announced the creation of a digital bank to boost financial inclusion

Previously, the president of AFRIK CRÉANCES, Blaise Ahouantchédé, emphasized the importance of the forum dedicated to practical exchange between public decision-makers, fintech, banks, and companies

As a banking and non-banking operations intermediary institution based in Lomé, Afrik à Créances brings together each year through FONI key players in Africa's financial and banking industry, FINTECH companies, as well as digital support entities. Participants explore innovative solutions that could revolutionize financial inclusion on the continent

The two previous editions laid the groundwork for significant innovations in the field of digital financing. This year, the conference continues to be a privileged venue for the exchange of experiences and the development of strategic partnerships, highlighting Togo's commitment to becoming a digital hub in West Africa

Source of the article: financialafrik