Sudden and severe crisis brought on by the COVID-19 pandemic has been tough to African countries,
threatening the lives and livelihoods of millions and causing a rapid economic contraction. This has
had knock-on effects for industries across the continent, including banking and financial industry.
Now, as companies and leaders start to look toward recovery, new analysis provides optimism.
Government data and financials released by banks in four major economies on the continent (Kenya,
Morocco, Nigeria, and South Africa) show that, despite a resurgence of the virus, the pandemic’s
impact on African banks was less severe than initially expected. And given the important role that
banks play in the broader economy and society in Africa, this in turn could signal a faster recovery
for the continent.

Based on the global financial research, as well as from real-world examples from across Africa’s
banking sector, “Future Digital Banking Summit, Africa” will build on the financial analysis to
provide insights and trends to help shape and accelerate this recovery. Summit will bring together
the banking leaders from African continent and knit the industry discussing about the trends,
technologies and focus on three imperatives—centered around productivity, risk management, and
scaling up technology that could help banks build core strength and resilience in the new reality.