{"id":18919,"date":"2025-02-25T13:33:23","date_gmt":"2025-02-25T13:33:23","guid":{"rendered":"https:\/\/www.paulkagame.rw\/?p=18919"},"modified":"2025-02-25T13:33:23","modified_gmt":"2025-02-25T13:33:23","slug":"inclusive-fintech-forum-remarks-by-president-kagame-kigali-25-february-2025","status":"publish","type":"post","link":"https:\/\/paulkagame.rw\/2025\/?p=18919","title":{"rendered":"Inclusive Fintech Forum | Remarks by President Kagame | Kigali, 25 February 2025"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n<p>I am pleased to join you for the second edition of the Inclusive Fintech Forum.<\/p>\n<p>I welcome you all to Kigali. We are very happy to have you with us.<\/p>\n<p>To begin, I commend the Kigali International Financial Center, for continuing to position Rwanda as an attractive destination for investment.<\/p>\n<p>This gathering is also a testament to the unique partnership between Rwanda and Singapore, to harness the power of the digital economy.<\/p>\n<p>We look forward to continuing working together.<\/p>\n<p>The story we just heard of the young innovator from Zambia, should inspire every entrepreneur to think big, act boldly, and stay focused.<\/p>\n<p>Indeed, with our continent\u2019s young and tech-savvy population, Africa can compete with the rest of the world, and successfully innovate.<\/p>\n<p>When you look at our continent\u2019s start-up ecosystem, fintechs continue to dominate.<\/p>\n<p>In recent years, the number of fintech companies in Africa has almost tripled.<\/p>\n<p>These enterprises, big and small, are fundamentally reshaping our financial services sector.<\/p>\n<p>We see this, especially with mobile money, and remittance services.<\/p>\n<p>According to a recent study, fintech revenues in Africa are expected to reach 40 billion dollars by 2028.<\/p>\n<p>At the same time, Africa is experiencing a brain drain, with many of our skilled developers, leaving our continent to go work abroad.<\/p>\n<p>This is really not entirely their problem. They cannot be blamed for that. I think we, some of us the leaders, should be able to take the blame, partly.<\/p>\n<p>Financial inclusion also remains a challenge, and for those who need it the most, particularly women in the informal economy.<\/p>\n<p>All of this, is happening in the context of global financing constraints.<\/p>\n<p>We need to see this, as an invitation to put our resources to better use, and support each other.<\/p>\n<p>Taking ownership of our development, is not something we can ask others to do for us.<\/p>\n<p>Business founders also need to do their part, and gain the confidence of investors.<\/p>\n<p>And above all, ask yourself why you, and not anybody else, is best placed to solve the problem you have identified.<\/p>\n<p>In Rwanda, we have made strategic investments in digital infrastructure and skills.<\/p>\n<p>Moving forward, creating an enabling environment for businesses to scale, should be our number one priority.<\/p>\n<p>We need a harmonized regulatory landscape, and we must come together to combat cybercrime and fraud.<\/p>\n<p>We can also unlock many more opportunities, through public-private partnerships, and by harnessing the power of artificial intelligence.<\/p>\n<p>The bottom line, is that we need to work as one team, to build a more connected future.<\/p>\n<p>I am confident, that we are moving in the right direction.<\/p>\n<p>I wish you a very productive meeting, and thank you all for taking your time to be with us.<\/p>\n<p>Thank you for kind attention.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am pleased to join you for the second edition of the Inclusive Fintech Forum. I welcome you all to Kigali. We are very happy to have you with us. To begin, I commend the Kigali International Financial Center, for continuing to position Rwanda as an attractive destination for investment. This gathering is also a testament to the unique partnership between Rwanda and Singapore, to harness the power of the digital economy. We look forward to continuing working together. The&hellip;<\/p>\n","protected":false},"author":3,"featured_media":18920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-18919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speech","post-has-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/posts\/18919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18919"}],"version-history":[{"count":1,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/posts\/18919\/revisions"}],"predecessor-version":[{"id":18921,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/posts\/18919\/revisions\/18921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/media\/18920"}],"wp:attachment":[{"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}