Building Web3 Across The Continent – panel session at Africa Tech Summit Nairobi 2025 with expert insights and views from Chris Duffus – CEO at Fonbnk, Stephen Browne – Co-Founder at Sorted Wallet, Mouloukou Sanoh – Co-Founder & CEO at Mansa Finance and moderated by Jessica Hope – CEO at Wimbart.
Highlights from the session include:
🌍 Web3 as a Catalyst for Change: The panel emphasized that Web3 technologies could significantly reshape financial infrastructure in Africa, offering new methods for transactions and financial services.
📉 Financial Inclusion Challenges: A staggering 75% of adults in Southern Africa lack access to formal financial services, highlighting the pressing need for innovative solutions.
💰 Stablecoins’ Role: Stablecoins are viewed as a potential game-changer for financial transactions, providing stability and ease of use in volatile economies.
🚀 User Education is Key: The panel discussed the importance of educating users about cryptocurrencies and stablecoins to overcome negative perceptions and encourage adoption.
🏦 Regulatory Landscape: There is a call for clearer regulatory frameworks that can foster innovation while ensuring consumer protection in the rapidly evolving crypto landscape.
🌐 Informal Market Opportunities: With 64 million informal merchants in Africa, there is a significant opportunity to integrate them into the digital economy using Web3 technology.
🤝 Collaboration is Essential: The panel stressed the need for collaboration among technology providers, regulators, and consumers to ensure the successful implementation of Web3 solutions.
Africa Tech Summit Nairobi 2025 celebrated its 7th edition on February 12th and 13th at the Sarit Expo Centre in Nairobi. Bringing together over 1600 leading industry players from 64 countries representing 800+ companies who listened and learned from 176 speakers across 73 sessions, exploring the latest trends and insights in technology and business across Africa and beyond.
It was a jam packed few days of keynotes, masterclass sessions, fireside chats, panels and pitches. View the session from across the Africa Money and Defi Summit, Africa Climate Tech & Investment Summit, Africa Startup Summit and Mobile & App Summit here.
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