The International Centre for Strategic Alliances has held its 20th edition of the Connected Banking Summit Innovation and Excellence Awards 2025 with the aim of fostering digital transformation, financial innovation, and sustainability in shaping East Africa's financial future.
The summit, themed 'Empowering East Africa's Financial Future,' brought together stakeholders, including global executives, experts, and leaders in privacy and security, to discuss the latest advancements in digital transformation.
Speaking during the summit, the Principal Secretary for ICT and Digital Economy Eng.
John Tanui highlighted the rapid population growth in East Africa and its implications for the financial sector citing World Bank data. "The region's population is projected to reach 850 million by 2050, necessitating innovative financial solutions to cater to an increasingly youthful demographic," he said.
