Africa’s AI Strategy: Opportunities, Challenges, and the Path Forward

Building a fintech company that reshapes how money moves across Africa—and beyond—is no easy feat. The challenges go far beyond the headlines. Few succeed in this market. To scale, you need more than a great idea—you need resilience, sacrifice, and relentless determination.

How do you convince Silicon Valley investors to back an African startup? What does it take to challenge the status quo in the global financial system? And what are the real, behind-the-scenes battles of building something that truly lasts?

Benjamin Fernandes, Founder & CEO of NALA, has lived it all—and he’s here to tell the unfiltered truth.

Born and raised in Tanzania, Benjamin first made his mark as a national television personality. But he had bigger ambitions. Earning scholarships that took him to the U.S., he became the youngest African ever admitted to the MBA program at Stanford Graduate School of Business. Yet instead of climbing the corporate ladder or staying in Silicon Valley, he took the harder road—building a company that would transform how Africans send and receive money across borders.

That company is NALA. What started as a simple remittance app has grown into one of Africa’s most ambitious fintech ventures. Today, NALA powers seamless, low-cost payments from the U.S. and Europe into Africa, cutting through the inefficiencies of the global financial system. Now, with a $40 million oversubscribed Series A funding round, and a Forbes cover story to match, NALA is expanding beyond remittances—building its own payment rails, launching a B2B platform (Rafiki), and setting its sights on global markets, including Asia and Latin America.

In this rare, behind-the-scenes conversation, Benjamin will pull back the curtain on the real journey—the wins, the losses, the breakthroughs, and the breakdowns. No filters. No fluff. Just the raw truth of what it takes to build and scale a fintech company in Africa.

If you’re an entrepreneur, investor, or believer in bold ideas and Africa’s unstoppable rise, you won’t want to miss this.

Come for the insights. Stay for the inspiration.

‍

The African genome, one of the most genetically diverse yet understudied, holds immense potential to transform global healthcare. As the cradle of human life, Africa’s genetic diversity is key to understanding the foundations of humanity. Unlocking its secrets could lead to breakthroughs in disease treatments, drug development, and personalized medicine. However, realizing this potential will require significant financial investment, capacity building, and robust ethical frameworks to ensure Africa benefits from these advancements while preventing exploitation.

This panel seeks to answer the following questions: How can understanding the African genome save lives globally? How can Africa become a biotech leader in the genomic era? And crucially, what innovative funding models can be developed to support genomic research in Africa while ensuring equitable returns for African communities?

‍

Research by Brand Africa (www.brand.africa) has revealed that over the past 15 years, while 64% of Africans claim to believe in their continent, only 20% of the brands they admire are actually made in Africa. This disconnect is further highlighted by the mere 15% of intra-Africa trade.  However, a new chapter is unfolding with the ratification of the African Continental Free Trade Area (AfCFTA), opening doors for homegrown brands to flourish.Coupled with a renewed global spotlight on African brands, there has never been a better time for companies to capitalize on this momentum. Strong African brands now have the potential to not only drive economic growth but also reshape narratives about the continent.

The Building Sustainable Global African Brands masterclass will equip participants with insights, knowledge and skill and best practices to build compelling, impactful and differentiated global African brands in Africa; as well as a brand-led approach to reshaping the African narrative and perceptions.  

‍