Global fintech forum set for Nairobi in March

About 300 delegates, among them global fintech operators, will gather in Nairobi for the inaugural Decentralized Finance Conference aimed at tapping into the continent’s opportunities and innovations.

The two-day event slated for March 17-18 is expected to bring together prominent executives, innovators, regulators, investors and enthusiasts to discuss Africa’s challenges and opportunities. The event, dubbed Africa DeFi 2020 aims to position Africa strategically as a destination for innovation, collaboration and investment for digital transformation.

“It also aims to provide a clear understanding of decentralised finance, highlight the opportunities in Africa and demonstrate existing use cases of decentralised finance in Africa,” the organisers vae said in a press statement.

The conference comes when Nairobi has been ranked among the nine innovation hubs to watch globally in 2020.

Nairobi climbed the world financial technology start-up ecosystem ranking by 42 positions to position 63 in the overall top 100 ranking in the Findexable Global Fintech Rankings 2020.

The results were shown in a report published by research firm Findexable Limited, which placed Nairobi second in Africa after Johannesburg which topped the continental league table.