|Ecobank partners with AMA Academy to launch first pan-African fintech training for journalists and Fintech Journalist of the Year Awards|
Ecobank Group, a leading pan-African banking group committed to developing and supporting fintech to transform digital finance and banking, today announced a partnership with AMA Academy, the only pan-African online learning platform. A free line dedicated to the training of journalists in Africa. Ecobank Group and AMA Academy will collaborate to develop fintech training modules tailored for business, finance and technology journalists across the continent. The modules will be available in two languages: English and French.
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 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 CEO of the African Media Agency and AMA Academy, said: “We are delighted to partner with the Ecobank Group, which is at the forefront of fintech transformation and development in Africa. Our Academy is also committed to improving the skills of journalists by providing them with access to experts and training. Journalists often have to cover multiple stories, and our goal is to help them improve the quality and efficiency of their reporting.”
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.
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.
Djiba Diallo, fintech advisor at Ecobank Group, said of the partnership: “The continent has seen the rise of emerging markets outside the traditional strongholds of Nigeria, Kenya and South Africa, including Ethiopia, Ghana, Senegal, Rwanda and Uganda to name a few. These are the countries where Ecobank has a presence and where the Fintech Media Training Course will have a real impact. As a pan-African banking group, we want to develop local fintech solutions, many of which have the potential to go global, and enable our local media partners to spread the word.”
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.
African journalists covering economics, finance and technology for Africa should visit https://amacademy.io/ecobank/ and register for the fintech masterclass.
About the AMA Academy
The AMA Academy aims to train and certify 10,000 journalists and media professionals by 2027, equipping them with skills in all genres and sectors of journalism to promote high quality reporting. It also helps journalists to get the most out of their profession and diversify their articles. The AMA Academy is currently present in 23 African countries.
About Ecobank Transnational Incorporated (“ETI” or “The Group”)
Ecobank Transnational Incorporated (“ETI”) is the parent company of Ecobank Group, a leading independent pan-African banking group. The Ecobank Group employs approximately 13,000 people serving more than 32 million customers in the retail, commercial and wholesale banking sectors in 33 African countries. The group holds a banking license in France and has offices in Addis Ababa, Ethiopia, Johannesburg, South Africa, Beijing, China, London, United Kingdom and Dubai, United Arab Emirates. The group offers a range of banking products, services and solutions – including digital – including bank and deposit accounts, loans, cash management, advisory, business operations, securities trading and asset management. ETI is listed on several stock exchanges, namely the Nigerian Stock Exchange in Lagos, the Ghana Stock Exchange in Accra and the Bourse Régionale des Valeurs Mobilières in Abidjan. More information can be found at www.ecobank.com
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September 19, 2022