TOPIC
Broadening Africa’s fintech neural network: The next phase of fintech expansion in Africa
Africa is at the forefront of the mobile money revolution. The benefits of mobile money are clear – lower transactional costs and a scalable alternative to conventional banking services. Mobile network operators are increasingly partnering with financial institutions to boost the agent footprint. Like any proposition, the keys to success are accessibility and affordability. But controls are necessary to ensure the safety of all relevant stakeholders in the system. Cue Joseph Mucheru to enlighten us on the next phase in the Africa’s fintech expansion.
BIOGRAPHY
Joseph is President of JUMO, a technology company building next-generation financial services for emerging market entrepreneurs. He was the former Kenyan Cabinet Secretary in the Ministry of ICT, Innovation and Youth Affairs from 2015 to 2022, appointed by the then President of Kenya, Uhuru Kenyatta.
Joe was also previously the head of Sub-Saharan Africa (SSA) for Google, based in Nairobi, serving as Google’s first SSA employee. He joined Google in 2007 where he led the delivery of strategy, business planning and operations and was key to setting up Google’s presence on the continent.
