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Mobile money expo set for Lagos

19 January 2016, 07:50Okoro Chinedu

Lagos – Stakeholders in the international mobile money sector will early next month converge in Lagos to discuss prevailing issues in the industry.

Leading innovators and decision makers from international money transfer operators, financial services providers, financial technology providers, agent network operators, mobile financial services providers, regulators and stakeholders from the supply and demand side of the financial technology and remittance industry will attend the event.

Tagged Remittance and Mobile Money Expo, the event is scheduled for February 2-3.

The sixth edition of this event comes as Nigeria prepares to license non-bank remittance providers for out-bound and in-bound international remittances.

Event Director at Mobile Money Africa, Emmanuel Okoegwale, said Africa had made great strides in mobile technology adoption and penetration.

Also Read: Mobile money proponents to be awarded in Lagos

“However, despite the pervasive coverage of such mobile networks across Africa, technological innovation has yet to drive down costs in Africa’s remittance markets,” said Okoegwale.

The barriers to cost-reduction, challenges and opportunities in the African remittance market, the emergence of digital remittances such as mobile money, online transfers and lowering remittance cost for Africans were some of the subject matter areas to be considered at the conference being held at the Oriental Hotel.

Speakers from leading money transfer operators and financial technology providers such as Transfast, xpressmoney, TransferTo, Xpressmoney, Tagattitude, Redcloud and HelloPaisa will keynote the event.

The expo addresses the emerging digital financial ecosystem in Africa covering regulations, technology, innovations from the supply and demand side value chain actors within the African continent. 

- CAJ News


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