Seventy firms to participate in East Africa Investment Forum

By Henry Mwangonde , The Guardian
Published at 06:00 AM Sep 05 2024
Tanzania Fintech Association (TAFINA) deputy chairman Reuben Mwatyosa (C) briefs journalists on a regional conference for fintech entrepreneurs and investors slated for Dar es Salaam on Thursday next week.
Photo: Faustine Felician
Tanzania Fintech Association (TAFINA) deputy chairman Reuben Mwatyosa (C) briefs journalists on a regional conference for fintech entrepreneurs and investors slated for Dar es Salaam on Thursday next week.

TEN companies from other East African countries have confirmed their participation in the East Africa Investment Forum scheduled for Thursday and Friday next week in Dar es Salaam. The forum will also see 60 Tanzanian firms in attendance.

Speaking in Dar es Salaam yesterday, Reuben Mwatyosa, Vice Chairman of the Tanzanian Association of Financial Technology Service Providers (TAFINA), said that the conference aims to unite businesspeople, particularly those involved in financial technology services from East and Central Africa. Mwatyosa highlighted that the event has received considerable support from the Bank of Tanzania, which will also participate.

“This conference will bring together businesspeople and investors to explore investment opportunities in Tanzania and across the East African region,” he said.

He added that the conference will address various challenges faced by financial technology service providers and explore collaborative ways to advance the industry.

“We are delighted to organize this major conference. Our goal is to foster collaboration among investors and stakeholders. This event will greatly enhance investment cooperation,” he said.

He noted that 60 member companies in Tanzania have confirmed their attendance, along with others from Kenya, Uganda, Rwanda, Burundi, and the Democratic Republic of Congo.

Shadrack Kamenya, Secretary-General of TAFINA, commented that the conference, which will also be attended by government representatives, offers businesspeople a valuable opportunity to build extensive networks for cooperation.

“We are confident that this conference will produce positive outcomes for businesspeople and help investors discover new opportunities within the country,” he said.