[RELEASE] – After the very successful events of April 2019 in Washington and Lagos in November 2018, Africa Fintech Summit (AFTS) returns to Addis Ababa in November. Through a strategic partnership with Congo Business Network, AFTS seeks to engage Congolese professionals and entrepreneurs who are working to revolutionize the digital ecosystem in Africa.

On November 11, technology and finance leaders from Africa and the United States will meet in Addis Ababa to discuss the future of financial technology. Among its strategic partners is Congo Business Network, an international network of Congolese professionals and entrepreneurs.

Financial technology, or fintech, disrupts banking, finance, and even the flow of money as we know it. It is a global phenomenon, but in Africa more than elsewhere, the impact has the potential to be both a social and economic transformator. This is particularly true in the Congo, where digital entrepreneurs are the pioneers of the first mobile platforms that reverse a legacy of financial exclusion and very limited banking infrastructure. Opportunities for innovation and investment abound.

AFTS is designed to bring together these innovators, as well as investors, regulators and policy makers, to discuss the growth of these disruptive technologies in Africa. More than $ 2 billion in private capital and venture capital will be represented at the November event, as well as start-ups from the continent and representatives of several African financial institutions and central banks.

Topics for discussion will include the future of banks, venture capital, policy and regulation, blockchain, digital identity, remittances and financial inclusion.

The organizers’ mission is to enable the most promising Congolese start-ups to gain more visibility in the international media, raise funds from investors and find future business partners to accelerate their growth.

About Africa Fintech Summit:

AFTS is the first global initiative dedicated to financial technology in Africa. It takes place every April in Washington and every November in a different city in Africa. Supported by an advisory committee of opinion leaders and digital pioneers, AFTS is a unique space where ideas are explored, investments mobilized and collaborations formed between digital players, start-ups are investors.

About Congo Business Network:

Congo Business Network is an international network of Congolese professionals and entrepreneurs. Its mission is to connect professionals and entrepreneurs in the world of business in order to contribute to Congo’s economic development.

The organization is led by a former US Army soldier, Noel K. Tshiani, President of Agere Global, a New York-based investment and trading advisory firm in the United States of America.

The network brings together experienced professionals and entrepreneurs in cities such as Hong Kong, Montreal, New York, Paris and Kinshasa. These professionals work for companies such as Microsoft, BNP Paribas, Deloitte, Desjardins and Société Générale.

During the 4th edition of Afrobytes, Congo Business Network supported five Congolese start-ups who had demonstrated the tremendous potential of the Congolese digital market with investors in Paris Station F, the largest start-up campus. -ups to the world.

Congo is a gigantic country in numbers. With 87 million inhabitants, according to McKinsey & Company’s most recent statistics, it is the 4th most populous nation in Africa, behind Nigeria (190), Ethiopia (105) and Egypt (97). ). Extending over 2.34 million square kilometers, Congo is the second largest country in Africa by area after Algeria.