At the S&P Global Africa Summit, a high‑level panel on fintech, digital assets and the future of capital flows urged African policymakers and business leaders to forge stronger links between trade, capital flows and industrial growth.
The discussion focused on ways to improve cross‑border payment systems, with participants highlighting the potential of digital assets and fintech solutions to reduce transaction costs and speed up settlements across the continent.
Panelists argued that tighter integration of trade and finance could unlock new sources of investment for manufacturing and other industrial sectors, helping to diversify economies that have traditionally relied on commodity exports.
These calls come as Africa experiences rapid growth in digital financial services, yet many countries still face fragmented payment infrastructures that hinder seamless regional commerce.
By emphasizing coordinated policy measures and targeted investment in payment technology, the summit panel sought to lay the groundwork for a more interconnected African market that can support sustained industrial development.
<small>Source: Premium Times Nigeria — read the original story there.</small>
