Africa’s Fintech Needs an Elaborate Regulatory Framework to Thrive

Over the last decade, Africa has experienced an expansive transformation in the financial sector. Millions of previously unbanked Africans today use banking facilities via mobile applications that are accessible at theirfingertips. With the advent of data analytics and AI (Artificial Intelligence) in recent years, a new type of innovation is now driving the decade-long digitalisation that brought financial inclusion to the most remote areas on the continent.