Fidelity bank has expressed keen interest in collaborating with various stakeholders to tackle the dual challenges of investment and support that startups across Africa currently face. This commitment was highlighted during the recent Africa Technology Expo held in Lagos.
During her keynote at the event, Dr. Nneka Onyeali-Ikpe, the Managing Director/Chief Executive Officer of Fidelity Bank Plc, emphasized the bank’s proactive approach in implementing a digital-focused retail banking strategy through an SME business hub. This initiative aims to foster connections and collaboration among startups, content creators, and digital entrepreneurs.
Representing Dr. Onyeali-Ikpe at the event, Kevin Ugwuoke, Fidelity Bank’s Executive Director/Chief Risk Officer, underscored the bank’s belief in Africa’s potential as a leading hub for emerging technology. He encouraged stakeholders to unite in addressing the primary challenges affecting tech startups: internal hurdles such as funding gaps and external barriers like insufficient support systems.
Ugwuoke also highlighted Fidelity Bank’s collaboration with SPARK Africa and other strategic partners to host the African Technology Expo. This platform serves as a vital meeting point for startups, investors, and industry leaders, aiming to accelerate Africa’s digital transformation and stimulate economic growth across the region.
Meanwhile, Lagos State Governor Babajide Sanwo-Olu, represented by Commissioner Olatubosun Alake, acknowledged the pivotal role of tech startups in driving economic and social progress. Nnaemeka Clinton, Chief Innovation Officer of the Africa Technology Expo, commended the impressive growth and innovation within Africa’s tech landscape, particularly in vibrant tech hubs such as Accra and Lagos.
