The much-anticipated Africa Tech Summit is in full swing in Nairobi, Kenya, drawing industry leaders, investors, and innovators from across the continent. The event, which begins on 12 February, has already delivered powerful insights into the future of African startups and fintech.

Just a few hours into the event, speakers have taken to the stage, encouraging entrepreneurs to raise their game in an increasingly competitive tech landscape. Representatives from Raenest, Moniepoint, Mastercard, and PawaPay have shared key industry insights, with PawaPay making a major announcement that it has had a record of—“1 billion transactions and counting”, according to Nikolai Barnwell and Yvonne Okafor during a panel session. Raenest Sodruldeen Mustapha had this to say when he came up, “Raenest has been key to our people stack, unlocking access to other African countries with seamless payments.”

Web3 and the Future of African Tech

Chris Duffus, Stephen Browne, Mouloukou Sanoh, and Jessica Hope

One of the most engaging discussions so far has centred on Web3 and its potential in Africa. Industry experts Chris Duffus, Stephen Browne, Mouloukou Sanoh, and Jessica Hope led the conversation, exploring how blockchain and decentralised finance could reshape the continent’s digital economy.

The two-day event is expected to bring even more high-impact conversations, culminating in the much-anticipated startup awards. Techstoriex , yesterday, reported about the 15 Nigerian startups shortlisted in the final stage due to be announced during the ongoing event. With 15 Nigerian startups among the 55 shortlisted, the competition is fierce. The selection process has focused on innovation, scalability, and market impact, with Nigerian firms proving once again that they are major players in Africa’s tech ecosystem.

With more developments unfolding, all eyes remain on Nairobi as the summit continues to shape the future of African technology.

Techstoriex will continue to bring more exciting updates as the event unfolds.

I am passionate about crafting stories, vibing to good music (and making some too), debating Nigeria’s political future like it’s the World Cup, and finding the perfect quiet spot to work and unwind.

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