As part of his engagement at Money20/20 Middle East Fintech Summit in Riyadh, the
Director General of NITDA, @KashifuInuwa, participated in a high-level panel, where he shared insights on unlocking Africa’s $3 trillion economy through fintech.
The session brought together global industry leaders to discuss how innovation is breaking borders, enabling cross-border liquidity, and scaling solutions for MSMEs, remittances, and institutional flows.
Inuwa highlighted Nigeria’s deliberate policies and programmes, including the cashless policy, the Nigeria Startup Act, and NITDA’s innovation and talent development initiatives.
He noted that these interventions have enabled Nigeria to nurture five of Africa’s eight unicorns, solidifying the nation’s role as the continent’s fintech powerhouse and a model for ecosystem development.
He reaffirmed NITDA’s commitment to creating an enabling environment for startups, harmonising regional regulations, and strengthening public–private partnerships. According to him, Nigeria will continue working with partners across Africa to deepen cross-border payment systems and unlock inclusive and sustainable economic growth.