Fidelity Bank spotlights fintech’s role in US-Africa trade
Fidelity Bank Plc is set to spotlight the role of Fintech in fostering US-Africa trade.
According to a statement from the bank, it will be hosting a high-profile panel session titled ‘Digital Railroads: Powering U.S.–Africa Commerce Through Fintech’ at the upcoming Fidelity Nigeria International Trade and Creative Connect in Atlanta, USA.
The session will explore how fintech is reshaping cross-border trade by enabling seamless payments, improving access to finance, and driving financial inclusion across Africa and the diaspora.
The panel will bring together some of the brightest minds in digital finance, including former Deputy Governor of the Central Bank of Nigeria, Aisha Ahmad; Founder of Payaza Africa, Seyi Ebenezer; and Founder/Chief Executive Officer of Sawport, Charles Oligbo.
Speaking ahead of the session, Divisional Head, Agric. and Exports, Fidelity Bank Plc, Isaiah Ndukwe, highlighted fintech’s unique role in unlocking Africa’s trade potential:“The African Continental Free Trade Area is projected to boost intra-African trade by more than 50 per cent by 2030.
But challenges like fragmented payment systems, currency conversion, and limited trade finance continue to hold businesses back.
“Fintechs are uniquely positioned to address these gaps, enabling real-time, low-cost cross-border payments, offering alternative financing for SMEs, creating digital identities for exporters, and facilitating diaspora remittances and investments. This is why we’re putting fintech at the heart of discussions at FNITCC Atlanta.”
Hosted in partnership with AFRICON, the premier global gathering of African innovators and changemakers, it is expected to attract over 3,000 participants, including investors, trade agencies, exporters, and diaspora professionals, with projected trade and investment deals of more than $400m.
According to the African Development Bank, Africa’s fintech revenues are projected to hit $30bn by 2025, a clear sign that digital finance is not just powering transactions but also rewriting the future of trade.
