The diversity of culture, illiteracy, a lack of technological infrastructure, poverty and a host of socio-economic issues present a unique set of challenges for banking in Africa. There are two ways of looking at these challenges: as problems or as unique opportunities.
Innovation Africa is a business-government partnership to capitalize on nations’ most abundant and most valued natural resource: human capital. The program, organized as a series of high intensity think tanks, engages members of the financial community, governments, NGOs, universities, businesses and citizens of a nation state to address and subsequently solve specific economic problems.
The primary goals of this program are to:
1- bring world authorities on African economy and global economy together with national experts to develop specific strategies for economic transformation;
2- initiate new levels of economic growth by providing governments, businesses and NGOs with actionable strategies that have clearly measurable results;
3 - structure action plans that can be implemented in 3, 6, and 12 month cycles;
4- inform and motivate key decision makers towards understanding the best practices in technology use and management, current trends in technological evolution and societal adoption of technology;
5- propose solutions to key challenges and the issues arising from instituting economic initiatives at the national level.