But having built and run various companies, and working with Reuters across numerous markets, Moftah now runs Nclude, with a focus on accelerating fintech innovation and driving financial inclusion. “I recognised the potential for technology to address some of Africa’s most pressing challenges, such as access to healthcare, education, and financial services,” he said. “Our strategy is to build a portfolio that complements each other, believing that the future of finance is embedded and that digital financial services can power all sectors of the economy,” Moftah said. These startups are not only driving innovation but also addressing local challenges through tailored solutions.”Focusing specifically on fintech, Nclude has seen tremendous advancements in Africa. This mobile penetration has opened up vast opportunities for mobile-based services, digital content, and e-commerce.

Source: The North Africa Journal July 14, 2023 06:36 UTC