Trade and investment between the UAE and Africa have witnessed exponential growth, with bilateral trade surpassing $50 billion annually. As UAE-based businesses and investors continue expanding into African markets, efficient and secure cross-border payment solutions have become a critical enabler of economic partnership. However, challenges such as high transaction costs, currency volatility, regulatory fragmentation, and slow settlement processes hinder seamless financial flows. Currently, cross-border transaction costs between Africa and the UAE remain significantly above the global average, with some remittance corridors incurring fees of up to 8-10%. Addressing these inefficiencies is essential to unlocking the full potential of UAE-Africa trade and investment.
This event will bring together key stakeholders from financial institutions, fintech innovators and businesses to explore strategies for enhancing cross-border payments and driving financial connectivity between the two regions. Discussions will focus on the role of digital payment innovations and mobile money integration, in reducing transaction friction. With Africa’s digital payments sector projected to reach $146 billion by 2025, fintech partnerships between UAE and African firms present a major opportunity for seamless cross-border transactions.
As digital transformation reshapes global finance, strengthening UAE-Africa payment corridors will be vital in driving inclusive economic prosperity. Join us as our panel provides insights into how UAE and African stakeholders can collaborate to streamline payments, reduce costs, and accelerate trade growth.
Key timings:
18:30 - 19:30: Welcome Reception
19:30 – 20:30: Panel Discussion
20:30pm: Networking Reception
10pm: Close
In partnership with
