AFRICAN FINTECH SPACE AND OPPORTUNITIES
As per a study conducted by McKinsey and Company, a business management consulting firm based in Washington, D.C., the fintech industry in Sub-Saharan Africa is thriving. The analysis reveals that African fintech companies have made significant progress in the market, with projected revenues exceeding $6 billion by 2025.
This growing industry has the potential to generate employment, develop skills, and create opportunities and wealth across the continent. To learn more about the implications of this development, we have Foster Akugri, a distinguished voice in Africa’s fintech space. He leads the Africa Business Innovation Village based in Kampala, Uganda.