The Central Bank of Kenya (CBK) in partnership with the Monetary Authority of Singapore will host this year’s edition of Afro-Asia Fintech Festival. The Festival will take place in Nairobi, Kenya on July 15 – 16, 2019, aiming at connecting Africa and Asia to network, sharing ideas and knowledge, as well as strengthen the collaboration in financial technology in both continents.
Dr. Patrick Njoroge, Governor of CBK stated: “CBK is honored to partner MAS in co-creating a unique platform for policy-makers, technology entrepreneurs, financial industry leaders, and other players to come together and tap their diverse knowledge and experiences.
He continued, “Cross-border cooperation is increasingly important as global problems cannot be resolved in isolation. We need to come together as a global community to learn from each other and co-create solutions that will improve the lives of our people.”
“Some of the most exciting developments in technology-enabled financial inclusion are happening in Africa and Asia. The central banks of Kenya and Singapore share a vision to build an Afro-Asia platform to synergize efforts in FinTech innovation,” said Ravi Menon, Managing Director of MAS.
“With Kenya and Singapore as the starting points, we hope to bring our two regions closer together to innovate and make financial services more accessible and affordable for our people,” added Menon.
The CBK specializes in formulating monetary policy and promotes stability to its clients while MAS Singapore’s central bank specializes in non-inflationary economic growth by formulating the appropriate monetary policy.
This year’s Afro-Asia Fintech Festival will go under the theme Sustainable Finance: Inclusive and Green with several key topics that include Technology for Tomorrow, Social Impact, and Spirit of Innovation.