The Product Banks and Fintechs Have Refused to Build in Africa

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I wrote this in 2017: “In this videocast, I discuss the need to build a truly pan-African digital remittance/transfer banking product which is agnostic of location or currency in Africa. None of the products we have today meets that standard. Largely, I envisage a situation where all you need to buy and sell across Africa [...]The post The Product Banks and Fintechs Have Refused to Build in Africa appeared first on Tekedia.

I wrote this in 2017: “In this videocast, I discuss the need to build a truly pan-African digital remittance/transfer banking product which is agnostic of location or currency in Africa. None of the products we have today meets that standard. Largely, I envisage a situation where all you need to buy and sell across Africa is one bank account in just one African Union country.

“With that, you do not have to even think about the specific currency of that account as technology will seamlessly make it possible to access other African markets for payments, transfer, etc. The banks or fintech companies must still comply with all regulations related to international transfers, forex, etc. The only difference is that customers will not see them as they will be hidden with technology.



” The video is here Today, I ask: are we there yet? Register for Tekedia Mini-MBA edition 17 (June 9 – Sept 6, 2025 ) today for early bird discounts. Do annual for access to Blucera.com.

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