RegTech Africa Set To Unlock Data Potential For Economic Growth

The RegTech Africa Conference 2024 seeked to unlock the transformative potential of data governance in Africa’s economic landscape.

It was scheduled to convene on May 23 and 24, 2024, at the Lagos Oriental Hotel, the flagship event will gather luminaries, policymakers, and industry titans to chart a course toward unlocking Africa’s true prosperity.

In an era defined by the rapid proliferation of data collection and analytics, African governments stand poised to leverage these technological advancements to bolster regulatory frameworks and drive economic inclusion.

CEO of RegTech Media, the organising body behind the conference, Cyril Okoroigwe, noted that the potential impact of data collection and aggregation in Africa’s digital financial ecosystem is profound.

He said, “However, to fully harness the power of data, strides must be made in data protection and sovereignty. The 2024 RegTech Africa Conference serves as a pivotal platform for industry stakeholders to converge, collaborate, and address these pressing challenges.”

The focus of the conference agenda is the imperative of boosting the application of data technologies by regulators to cement growth and drive financial inclusion in the region.

According to Okoroigwe, “By harnessing the power of data, regulators can effectively monitor financial activities, detect irregularities, and safeguard against fraudulent schemes.

“Moreover, data-driven compliance offers a streamlined approach that not only enhances efficiency but also ensures a safer and more secure environment for consumers.”

With a stellar lineup of speakers from across the globe and the support of key partners and sponsors, the 2024 RegTech Africa Conference is poised to catalyse dialogue, innovation, and actionable strategies for bridging the data trust gap and unlocking Africa’s prosperity.