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    BREAKING NEWS
    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
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    In Guinea-Bissau, ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States
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    Dedalus Global and Ibex Frontier are Pleasured to Assert a Strategic Bloc with APO Group for Africa Fintech Summit 2020

    Posted On 09 Nov 2020
    By : New Africa Business News, Staff Correspondent
    Comments: 10

    By Abdul Rahman Bangura–

    Photo Credit: Fine Art America

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone-  The coalition is aimed at to slingshot the advancement of Africa’s tech ecosystem- one that earned over $2billion in VC allotment in 2019, to a worldwide audience. Financing this endeavor are sixty panelists and Summit keynotes by Hon. Cina Lawson – Minister of Digital Economy and Digital Transformation of Togo, Admassu Tadesse, President and CEO of Trade and Development Bank (TDB), and Jack Dorsey, Co-Founder, Chairman and CEO of Square.

    APO Group is the outstanding Pan-African information and business consultancy which has wielded its robust bonds and knowledge of Africa to enable corporations flourish. The partnership with Africa Fintech Summit 2020 exemplifies APO Group’s obligation to African greatness by enabling firms, startups, and entrepreneurs to develop in both regional and universal contexts.

    With low bank penetration rates and high adoption of alternative methods like mobile money, Africa is anticipated to be the future of fintech. The Summit has promoted the growth of this sector by boosting over $30 million in capital upgrade endeavors for startups, regulatory roundtables, job creation, and investor-related workshops. APO Group’s reach and the participation of global tech influencers, like Jack Dorsey of Square and Michael Seibel of Y Combinator, is foreseen to steer an additional investor interest in the region.

    A three-day virtual event held in November 9th,10th, and 12th, 2020. The Summit will accentuate keynotes from Hon. Cina Lawson, Minister of Digital Economy and Digital Transformation of Togo, Jack Dorsey, the Chairman, CEO, and Co-Founder of Square, and Admassu Tadesse, President and CEO of TDB and 2019 African Banker of the
    Year recipient.

    Thomas Debass – the Managing Director of the U.S. Department of State’s Office of Global Partnerships, will oversee a fireside chat with Michael Seibel, the CEO of US based Y Combinator, Shola Akinlade, Co-Founder and CEO of the previously developed Paystack, and VertoFx, to seek and showcase opportunities in Africa’s tech ecosystem Sixty senior-level administrators from corporations like MFS Africa, DPO Group, World Remit, Libra, DHL, JUMIA, Flutterwave, Citigroup, BIMA, TransUnion, EFG Hermes, Mercy Corps Ventures, Yoco, and Global Ventures will join us for panel symposia. Topics contain decentralized finance, cryptocurrency, pan-African interoperability, administration evolutions to cashless and digital economies, ecommerce, healthcare, and investment strategies during and post-COVID-19. Surmising the summit is the regional final of Pegasus Tech Ventures’ Startup World Cup, the vastest global tilt competition. The winner of the Summit’s regional final will compete against 60 other startups for US$1million in Silicon Valley in May 2021.

    “APO Group is thrilled to be the strategic partner for this year’s African Fintech Summit. I cannot think of a more important time than now, for some of the best innovators and investors in the world to come together to provide input on how global economies can recover. I look forward to thought provoking and insightful discussions from the more than sixty speakers, from six continents,” said Nicolas Pompigne-Mognard, Founder and chairman of APO Group. The summit is carried with the support of its strategic partners, U.S. State Department’s Office of Global Partnerships and APO Group, and premier sponsors MFS Africa, Flutterwave, and AMOLE. And up to 250 gratis delegate passes, sponsored by Jack Dorsey, are accessible to students. Students may desire to obtain an approving delegate pass, by contacting info@africafintechsummit.com.

     

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    Invest in Modern Africa
    Africa Fastest Growing Continent. Six of the World’s Ten Fastest Growing Economies are in Africa. More than Half of Global Population Growth between now and 2050 is Expected to Occur in Africa. This Decade Belongs to Africa as Technology Ripples through the Continent. Africa the Untapped Market. Africa Great Continent to Invest & Grow Business. Africa the Last Frontier for Investment. Africa is the Future.

     

    New Africa Business News Person of the year 2020
    Start Voting for New Africa Business News Person of the year 2020. Nomination Starts July 04 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 50 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. New Africa Business News Person of the year will be Announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com 

     

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    Accelerating Intra-African Trade and Boosting Africa’s Trading Position in the Global Market by Strengthening Africa’s Common Voice and Policy Space in Global Trade Negotiations. For More Information Contact: African Union Headquarters, P.O. Box 3243, Roosvelt Street W21K19, Addis Ababa  Ethiopia,  Tel: +251 11 551 77 00  Fax: +251 11 551 78 44.

     

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    Start Voting for Africa President of the year 2020. Nomination Starts February 01 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 100 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. Africa President of the year will be Announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com

     

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    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

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    Email: Info@newafricabusinessnews.com

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    New Africa Business News Staff Correspondent
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    10 Comments

    1. Thomas November 9, 2020 at 2:07 am Reply

      Thank you for reporting. Our continent’s tech ecosystem is beautifully growing and the annual earned of about $2 billion is impressive. Cape town SOUTH AFRICA. Thomas

      • New Africa Business News, Staff Correspondent November 9, 2020 at 2:08 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Lynn November 9, 2020 at 2:13 am Reply

      Love hearing all these positive news coming from the continent. Is very good. Nairobi Kenya. Lynn

      • New Africa Business News, Staff Correspondent November 9, 2020 at 2:14 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Gorata November 9, 2020 at 2:21 am Reply

      Thank you for the reports. We are and going to take control of our economic. Our young and future leaders would do the job. Gaborone Botswana. Gorata

      • New Africa Business News, Staff Correspondent November 9, 2020 at 2:22 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Henry November 9, 2020 at 2:28 am Reply

      Most of our current government leaders failed us all and Shame on them. So proud of our youths, our future leaders and you can see signs all over, the continent. Kampala Uganda. Henry

      • New Africa Business News, Staff Correspondent November 9, 2020 at 2:29 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Olamide November 9, 2020 at 2:37 am Reply

      You got it. These result less so called, his excellency need to get out of the way for new vibrant leaders. Thank you for reporting. Abuja Nigeria. Olamide

      • New Africa Business News, Staff Correspondent November 9, 2020 at 2:38 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development

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