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RCBANK MD SPEAKS ON FINANCIAL INNOVATIONS AT GEORGE WASHINGTON UNIVERSITY

FORUM NEWS SIERRA LEONE by FORUM NEWS SIERRA LEONE
20 April 2024
in ALL NEWS, BUSINESS, LATEST NEWS
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RCBANK MD SPEAKS ON FINANCIAL INNOVATIONS AT GEORGE WASHINGTON UNIVERSITY
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The George Washington University School of Business has played host to Finance and Business gurus from Africa, USA and other parts of the world. The high-level meeting involving some of the movers and shakers of global finance and business dubbed “Emerging Technologies for inclusive Financial Services Delivery” also included Sierra Leone’s Rokel Commercial Bank Managing Director, Dr Walton Ekundayo Gilpin who served as a major panellist at the event held today in Washington DC. In attendance also were Central Bank Governors from Nigeria, Kenya, Zimbabwe, South Africa, and Rwanda, US lawmakers as well as finance experts from the Brookings Institute, Carnegie Endowment and the World Bank.

Specifically, the conference was held to discuss the challenges facing the African continent as well as the policies and initiatives that can help transform African financial systems. Additionally, Gilpin and his fellow participants brainstormed on emerging technologies, artificial intelligence, cybersecurity, and climate finance and the innovative solutions that African banks can undertake to help drive sustainable and inclusive economic growth. The aim was   to mobilize financial resources for the benefit of countries and their citizens.

Dr Walton Gilpin was part of a panel of experts that deliberated on the topic; Financial Innovations Driving Africa’s Growth. The discussion shed light on innovative financial solutions, payment systems, mobile banking, and digital platforms that can propel African economic growth. Experts also draw espoused on how to adapt these innovations to local contexts, build a stronger financial infrastructure, and foster collaboration among government agencies, the domestic private sector, and foreign investors to drive financial inclusion, entrepreneurship, and economic progress.

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