Leading US-Africa trade and investment initiative, Prosper Africa partners with the Africa Fintech Summit as a Gold Sponsor

WASHINGTON, March 22, 2023 /CNW/ — The Africa Fintech Summit is pleased to announce Progress Africa as Gold sponsor for the Africa Fintech Summit in 2023 to be held in Washington DC on 12 April 2023 at Walter E. Washington Convention Center i Washington DC Progress Africa is the US government’s initiative to increase two-way trade and investment between the United States and African countries.

The sponsorship comes on the heels of the US-Africa Leadership Summit (ALS) and the US-Africa Business Forum, held last December in Washington DC

Recognizing the enormous growth potential of Africa’s technology sector, President Joe Biden announced the launch of the White House’s Digital Transformation with Africa (DTA) initiative to expand digital access and literacy across the continent, and Progress Africa announced the new Prosper Africa Tech for Trade Alliance, in partnership with the US Agency for International Development (USAID), at the Business Forum on December 14.

The Prosper Africa Tech for Trade Alliance will be officially launched at a special session during the Africa Fintech Summit. This technology alliance between major US companies aims to accelerate e-commerce and digital commerce Africa and address legal, regulatory and logistical bottlenecks across the continent.

“Africa’s digital ecosystem offers enormous potential to stimulate economic growth, promote opportunity and create jobs,” said Scott Cameron, Acting Prosper Africa Coordinator. “We are delighted to join the Africa Fintech Summit as a gold sponsor and partner for the upcoming 9^th Summit in here Washington DC.”

Progress Africa will be joined by other US governments to engage with technology innovators, founders and ecosystem players and showcase the full suite of US government services and resources to promote 1ntech growth and US-Africa investment.

Since launch Progress Africa in June 2019the US government has helped close 1,100 deals in 49 countries for a total estimated value of $5 billion in two-way trade and investment.

The story continues

“It is with enormous gratitude and great joy that we welcome you Progress Africa as our gold sponsor for our summit i Washington DC in April this year. We are keen to work with Progress Africa and the initiative’s partner in US government agencies to tap US innovation capital into the African Fintech and technology ecosystem through the various tools at hand and deepen technology and investment ties between the US and Africa,” said Zekarias Amsaluco-founder of AFTS and MD of Ibex Frontier.

Since its first summit in 2018, the Africa Fintech Summit has become the largest bi-annual financial technology gathering on the African continent. In addition to Prosper Africa’s Gold sponsorship, AFTS will be supported by a diverse group of partners and sponsors. The 9th^th edition of AFTS will focus on the US-Africa Tech nexus, Fntech regulatory best practices, diaspora banking and remittances, African Fntechs expanding globally, cross-border payment movements and use cases for decentralized Fnance (De1), Fntech financing trends, cross-border payments under the AfCFTA, and a range of other spotlight topics.

Tickets for AFTS Washington DC are on sale now. To learn more or register, visit http://africa1ntechsummit.com/.

Delegates get 25% off AFTS tickets by using the discount code PROSPER25 when checking out registration at http://africa1ntechsummit.com/registration

About Progress Africa

Progress Africa is the White House initiative to increase two-way trade and investment between the United States and African countries. Progress Africa brings together – and enhances – the full suite of US government services and resources to help companies and investors do business in US and African markets. Through the initiative, the US government is launching innovative new tools to advance deals, unlock market opportunities and strengthen the business and investment climate.

For more information, please visit: prosperafrica.gov

About the Africa Fintech Summit

The Africa Fintech Summit is a collaborative initiative between Dedalus Global and Ibex Limit which aims to showcase the innovation and entrepreneurs driving Africa’s digital transformation across various 1nancial products and services. AFTS is organized twice a year, once a year Washington DC each April to coincide with the annual World Bank meetings and again each November in a different African host city. This year’s AFTS will be on the 9th^th the summit is hosted in Washington DC on 12 April 2023 and the 10th^th summit to be held in an African city to be announced soon.

Media contact:
Charles Isidi
Head of Marketing and Communications, Africa Fintech Summit.
[email protected]

Twitter: @AfriFintech
#AfricaFintechSummit

[email protected]
africafintechsummit.com

View original content to download multimedia: https://www.prnewswire.com/news-releases/leading-us-africa-trade-and-investments-initiative-prosper-africa-partners-with-africa-fintech-summit -as -gold-sponsor-301778598.html

SOURCE Africa Fintech Summit

View original content to download multimedia: