Breakout 2
|
Saturday
|
11:30 am
Aldrich 111

Africa’s AI Strategy: Opportunities, Challenges, and the Path Forward

Artificial intelligence (AI) is transforming industries globally, and while the potential for AI to drive development in Africa has long been recognized, the question remains: is the continent poised to realize this potential? This panel brings together voices in AI innovation, investment, and governance to explore the state of AI on the continent. The discussion will examine how AI is already being applied to solve some of Africa’s unique challenges, from enhancing retail supply chains to improving healthcare delivery. Panelists will also delve into the barriers preventing broader adoption and the ethical considerations of building AI systems for low-resource settings. Attendees will leave with a deeper understanding of the current state of AI in Africa, the opportunities that exist, and the strategies required to bridge the gap between potential and impact

Africa’s AI Strategy: Opportunities, Challenges, and the Path Forward

Artificial intelligence (AI) is transforming industries globally, and while the potential for AI to drive development in Africa has long been recognized, the question remains: is the continent poised to realize this potential? This panel brings together voices in AI innovation, investment, and governance to explore the state of AI on the continent. The discussion will examine how AI is already being applied to solve some of Africa’s unique challenges, from enhancing retail supply chains to improving healthcare delivery. Panelists will also delve into the barriers preventing broader adoption and the ethical considerations of building AI systems for low-resource settings. Attendees will leave with a deeper understanding of the current state of AI in Africa, the opportunities that exist, and the strategies required to bridge the gap between potential and impact

America/New_York
Feb 15, 2025 11:30 AM
Aldrich 111

Other Sessions

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Keynotes
Saturday
|
5:00 pm
Klarman Auditorium
State of the (African) Union
Experts assess Africa’s unity, geopolitical tensions, AfCFTA, and the role of business, government, and society.
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State of the (African) Union

Is Africa moving toward greater unity or deeper division? This closing session will assess geopolitical tensions, economic fragmentation, and regional progress, from the Sahel crisis and DRC-Rwanda conflict to the growth of AfCFTA and digital transformation. A panel of experts will tackle tough questions: Are regional organizations adapting? What role should business, government, and civil society play? And is Beyond Borders a vision to pursue — or a concept to rethink?

America/New_York
Feb 15, 2025 5:00 PM
Klarman Auditorium
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Lunches
Saturday
|
12:45 pm
Batten Hives 304
Nala: Building Africa’s Next Fintech Titan
Join Benjamin Fernandes for a raw, behind-the-scenes look at building and scaling a fintech in Africa.
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Nala: Building Africa’s Next Fintech Titan

Building a fintech company that reshapes how money moves across Africa—and beyond—is no easy feat. The challenges go far beyond the headlines. Few succeed in this market. To scale, you need more than a great idea—you need resilience, sacrifice, and relentless determination.

How do you convince Silicon Valley investors to back an African startup? What does it take to challenge the status quo in the global financial system? And what are the real, behind-the-scenes battles of building something that truly lasts?

Benjamin Fernandes, Founder & CEO of NALA, has lived it all—and he’s here to tell the unfiltered truth.

Born and raised in Tanzania, Benjamin first made his mark as a national television personality. But he had bigger ambitions. Earning scholarships that took him to the U.S., he became the youngest African ever admitted to the MBA program at Stanford Graduate School of Business. Yet instead of climbing the corporate ladder or staying in Silicon Valley, he took the harder road—building a company that would transform how Africans send and receive money across borders.

That company is NALA. What started as a simple remittance app has grown into one of Africa’s most ambitious fintech ventures. Today, NALA powers seamless, low-cost payments from the U.S. and Europe into Africa, cutting through the inefficiencies of the global financial system. Now, with a $40 million oversubscribed Series A funding round, and a Forbes cover story to match, NALA is expanding beyond remittances—building its own payment rails, launching a B2B platform (Rafiki), and setting its sights on global markets, including Asia and Latin America.

In this rare, behind-the-scenes conversation, Benjamin will pull back the curtain on the real journey—the wins, the losses, the breakthroughs, and the breakdowns. No filters. No fluff. Just the raw truth of what it takes to build and scale a fintech company in Africa.

If you’re an entrepreneur, investor, or believer in bold ideas and Africa’s unstoppable rise, you won’t want to miss this.

Come for the insights. Stay for the inspiration.

America/New_York
Feb 15, 2025 12:45 PM
Batten Hives 304
More Info
Breakout 1
Saturday
|
9:00 am
Aldrich 111
Entrepreneurship through Acquisition: Owning and Growing Businesses in Africa
This fireside chat explores Entrepreneurship through Acquisition (ETA) as a path to business ownership in Africa.
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Entrepreneurship through Acquisition: Owning and Growing Businesses in Africa

Entrepreneurship through Acquisition (ETA) is emerging as a compelling pathway for entrepreneurs seeking to own and operate businesses in Africa. While startups often capture the entrepreneurial spotlight, acquiring and scaling existing businesses presents a high-impact alternative for driving economic growth, preserving jobs, and creating value. This fireside chat will explore the real-world journey of acquiring and managing businesses in Africa.

Panelists will share insights on sourcing opportunities, financing acquisitions, operational considerations, and opportunities for aspiring entrepreneurs illustrated through case studies. Attendees will leave with a deeper understanding of the ETA model and the practicalities of executing acquisitions in diverse African markets.

America/New_York
Feb 15, 2025 9:00 AM
Aldrich 111