Ecobank Group, a pan-African banking group committed to developing and supporting fintech to transform digital finance and banking, today, Thursday 15 September 2022, announced a partnership with AMA Academy, a pan-African online learning platform dedicated to free training. journalists in Africa.
According to a press release copied on Linfodrome, the banking group and its partner will work together to develop bespoke fintech training modules for journalists on the continent specializing in economics, finance and technology. The modules will be available in two languages: English and French.
Program in 5 modules
The five-module program will be delivered online by industry experts and will result in recognition and appreciation for Africa’s best fintech journalists. It will cover topics such as the history of financial services in Africa, their transformation, blockchain, artificial intelligence in fintech and open banking. It will also cover security, regulation, governance, inclusion and future trends of the fintech market in Africa.
“The aim of the training is to improve the skills of journalists by giving them access to experts and training”
The partnership aims to bring deeper knowledge and understanding of this fastest growing sector on the continent, improve the quality of reporting and generate greater public interest.
Eloïne Barry, founder and executive director of the academy, confirmed that the ambition of the structure she leads is to improve the skills of journalists by giving them access to experts and training.
“Journalists often have to cover multiple stories, and our goal is to help them improve the quality and effectiveness of their reporting. “, she mentioned.
Africa accounts for 45.6% of global mobile payment activity, a phenomenon enabled by the rapid development of internet and smartphone access and exacerbated in 2020 by the Covid-19 pandemic.
Development of fintech in Africa
According to tech researchers, in 2021 fintech companies will receive 60% of the more than $4 billion in tech investment, surpassing the total investment in the broader tech startup ecosystem in the world in previous years.
An estimated 6 million young Africans access the internet each year, offering exciting growth prospects in emerging fintech sectors such as agriculture, insurance, healthcare, clean energy and manufacturing. in addition to relatively unexplored areas such as crowdfunding, blockchain technology, artificial intelligence and augmented reality.
“For all the good that can be said about the growth of Africa’s fintech industry, there are gaps and imbalances in the way it is portrayed. Today the international media are talking about it. We do not cover this topic enough with an in-depth analysis of what is really happening in Africa by Africans. This training will give journalists the confidence, skills and understanding to become as relevant and competitive as journalists specializing in the same field in the international media. Eloïne Barry continued.
“An estimated 6 million young Africans have access to the internet every year, offering very interesting growth prospects in emerging fintech sectors”
Djiba Diallo, a fintech consultant, said of the partnership that the continent has seen the rise of emerging markets outside the traditional strongholds of Nigeria, Kenya and South Africa, particularly in Ethiopia, Ghana, Senegal, Rwanda and Uganda. These are the countries where Ecobank has a presence and where the Fintech Media Training Course will have a real impact.
Fintech journalist of the year award
Journalists who complete all the training modules will also have the opportunity to win the prize for the best English-speaking and French-speaking fintech journalist during the awards ceremony organized at the end of the training.
Journalists from Africa covering economics, finance and technology for Africa should register for the fintech masterclass on the dedicated page.