Panel: Financial Empowerment in Africa
What are the unique challenges to robust services and financial empowerment in Africa? Discussion of cash reduction, capacity challenges, the informal economy, formalization of alternative economies, access to global financial networks, and more. From top-down and bottom-up, how can we leverage new technologies to facilitate better systems, products and services, and improve access to capital and financial services for the poor? Can blockchain technologies enable the creation of new markets and provide greater access? What are the challenges in deploying experimental technologies in existing financial systems in Africa? Could blockchain led to the emergence of alternative systems of micro-financing, and more local economies complementing or supplementing the global financial system? Can we solve human problems with technological solutions?