subscribe: Daily Newsletter

 

Kenya unrest derails banking technology conference

0 comments

Ongoing unrest in Kenya has forced organisers to postpone the African Banking Technology conference, due to be held in February, to April. 

Aitec Africa says the postponement has been compelled by an increase in cancellations by international speakers as their countries’ insurance policies will not recognise their traveling into Kenya, including Nairobi’s Central Business District, in light of the ongoing political and civil unrest.
The international speakers are drawn from a number of countries including the US, Britain, France, Ireland, Singapore, Canada, India, South Africa, Zimbabwe, Tanzania and Nigeria.
The main conference will now run 1 to 3 April at the Kenyatta International Conference Centre, with a mini one-day MBA course facilitated by international speaker and banking consultant Joe DiVanna taking place on 28 March.
DiVanna will also be the opening keynote speaker for the conference, as well as deliver a free lecture for senior university students, graduates and academics on the need for innovative banking in Africa to bank the unbanked. He will also address an executive breakfast for bank CEOs to brief them on latest trends in international banking.
DiVanna is also an expert on Islamic banking and while he is in Nairobi he will be briefing a number of banks on their Islamic banking strategies.
Sean Moroney, chairman of Aitec Africa, emphasises that the conference is an opportunity for the country’s business community to reinforce Kenya’s role as a regional financial hub and Nairobi’s status as an international conference destination.
“The recent tragic events in Kenya make it all the more important for Kenya’s business community to support the event as a platform to tap into latest international trends in banking technology, learn from peers from throughout Africa and internationally and think about how they can apply them in developing the country’s financial sector to world-class levels."
Bernard Matthewman, MD of the Paynet Group, which is lead sponsor of the conference, is confident the situation will have normalised by April, providing a favourable environment for the conference.