The Context of Each Market in Africa Is Extremely Important
The second and final day of the Finance Magnates
Africa Summit (FMAS:24) is in full swing at the Sandton Convention Centre,
buzzing with energy and record attendance. This vibrant event highlights the
evolution of Africa’s trading industry and brings together notable brands and
professionals under one roof.
FMAS:24 is a significant event for Africa’s trading
and financial sectors. The summit showcases the continent’s potential in online
trading, fintech, crypto, digital assets, and payments. Attendees from both
business-to-business (B2B) and business-to-consumer (B2C) sectors are
networking, learning, and creating valuable connections.
With over a decade of experience in organizing
top-tier fintech events, FMAS:24 offers a unique platform. The summit provides
access to world-class FX and CFD brokers, educators, forex experts, and
influencers. Whether seasoned in the financial markets or new to trading,
participants can enhance their trading and investment strategies through the
insights and connections made here.
FMAS:24 Highlight! The legendary forex trader and author of
The Art of Trading & Top-Down Analysis Books, Ref Wayne, is in the house.
This time, he is teaching how to develop a winning trading plan, including
goal setting, choosing strategies, and achieving success.
The Highs and Lows of the Modern Trader
In today’s dynamic financial landscape, achieving your financial goals requires a strategic approach. In this session, Ashley Reeve, the Trading Educator of TD Markets, and Amar Ramith, the CEO of TD Markets, guided the audience on how to balance potential returns with risk management techniques, empowering traders to make informed decisions and safeguard capital as they navigate the exciting world of investing.
SuperApps: One App to Rule Them All?
Marco Torrente, the Executive Head of Marketing & Digital
at Vodacom Financial Services, mentioned: “The context of each market in Africa
is extremely important, and I will give you an example. As you know, we have a
super-app outside of South Africa called Mpesa. This was launched 17 years ago
in Kenya with a specific use case, money transfer peer-to-peer. And the reason
being, in Kenya, back in the day, there was no high penetration of branches of
the different banks. And that was an opportunity for an outsider to provide a
digital service through USSD and to empower and bring these people into the
financial system.”
“If I look at today’s stats, we are close to 50 million active
users every month transacting on Mpesa. And when Mpesa is not transacting, we
actually receive a call from the Prime Minister in Kenya because more than 50%
of the GDP is actually transacted on Mpesa. And these banks now are an opportunity
for the Kenyan people and on the rest of Africa.”
This session delved into the common trading mistakes in
online trading and provided the audience with practical tools to tackle them
head-on. It catered to both new trader
and those seeking to level up their skills. Elsy Rayess is a seasoned industry
expert, currently serving as FxPro’s Chief Business Development Officer.
All-Star Panel: Easy Tips and Hard Lessons
At the All-Star Panel, Adam Button, the Chief Currency Analyst at ForexLive, moderated an insightful panel discussion that brought together Robert
J Van Eyden, the CEO of Scope Markets South Africa, Roger Eskinazi, the
Managing Partner of Tickmill South Africa, and Rob Pletropaolo, the Co-Head of
Trading at Unum Capital.
SuperApps: One App to Rule Them All?
As financial services shift more to mobile platforms, fintech innovators will closely examine the super-apps emerging in Africa. This region is notable for its extensive mobile usage despite facing significant infrastructure hurdles.
The second and final day of the Finance Magnates
Africa Summit (FMAS:24) is in full swing at the Sandton Convention Centre,
buzzing with energy and record attendance. This vibrant event highlights the
evolution of Africa’s trading industry and brings together notable brands and
professionals under one roof.
FMAS:24 is a significant event for Africa’s trading
and financial sectors. The summit showcases the continent’s potential in online
trading, fintech, crypto, digital assets, and payments. Attendees from both
business-to-business (B2B) and business-to-consumer (B2C) sectors are
networking, learning, and creating valuable connections.
With over a decade of experience in organizing
top-tier fintech events, FMAS:24 offers a unique platform. The summit provides
access to world-class FX and CFD brokers, educators, forex experts, and
influencers. Whether seasoned in the financial markets or new to trading,
participants can enhance their trading and investment strategies through the
insights and connections made here.
FMAS:24 Highlight! The legendary forex trader and author of
The Art of Trading & Top-Down Analysis Books, Ref Wayne, is in the house.
This time, he is teaching how to develop a winning trading plan, including
goal setting, choosing strategies, and achieving success.
The Highs and Lows of the Modern Trader
In today’s dynamic financial landscape, achieving your financial goals requires a strategic approach. In this session, Ashley Reeve, the Trading Educator of TD Markets, and Amar Ramith, the CEO of TD Markets, guided the audience on how to balance potential returns with risk management techniques, empowering traders to make informed decisions and safeguard capital as they navigate the exciting world of investing.
SuperApps: One App to Rule Them All?
Marco Torrente, the Executive Head of Marketing & Digital
at Vodacom Financial Services, mentioned: “The context of each market in Africa
is extremely important, and I will give you an example. As you know, we have a
super-app outside of South Africa called Mpesa. This was launched 17 years ago
in Kenya with a specific use case, money transfer peer-to-peer. And the reason
being, in Kenya, back in the day, there was no high penetration of branches of
the different banks. And that was an opportunity for an outsider to provide a
digital service through USSD and to empower and bring these people into the
financial system.”
“If I look at today’s stats, we are close to 50 million active
users every month transacting on Mpesa. And when Mpesa is not transacting, we
actually receive a call from the Prime Minister in Kenya because more than 50%
of the GDP is actually transacted on Mpesa. And these banks now are an opportunity
for the Kenyan people and on the rest of Africa.”
This session delved into the common trading mistakes in
online trading and provided the audience with practical tools to tackle them
head-on. It catered to both new trader
and those seeking to level up their skills. Elsy Rayess is a seasoned industry
expert, currently serving as FxPro’s Chief Business Development Officer.
All-Star Panel: Easy Tips and Hard Lessons
At the All-Star Panel, Adam Button, the Chief Currency Analyst at ForexLive, moderated an insightful panel discussion that brought together Robert
J Van Eyden, the CEO of Scope Markets South Africa, Roger Eskinazi, the
Managing Partner of Tickmill South Africa, and Rob Pletropaolo, the Co-Head of
Trading at Unum Capital.
SuperApps: One App to Rule Them All?
As financial services shift more to mobile platforms, fintech innovators will closely examine the super-apps emerging in Africa. This region is notable for its extensive mobile usage despite facing significant infrastructure hurdles.