Fidelity Bank reaffirms support for digital innovation in Africa

Fidelity Bank PLC reiterated its commitment to fostering the growth of the African technology sector at the Africa Technology Expo (ATE 2024) held at the Landmark Event Center in Victoria Island, Lagos.

The event provided a platform for African businesses to showcase their innovations and explore opportunities in the competitive tech industry.

Dr. Nneka Onyeali-Ikpe, OON, Managing Director/Chief Executive Officer of Fidelity Bank, highlighted the bank’s digital-based retail-banking strategy. This includes the establishment of an SME business hub aimed at enhancing collaboration among startups and digital entrepreneurs.

“At Fidelity Bank, we believe Africa has the potential to lead in emerging technology. We are partnering with SPARK Africa and other stakeholders to support tech startups through initiatives like ATE,” said Dr. Onyeali-Ikpe, represented by Mr. Kevin Ugwuoke, Executive Director and Chief Risk Officer of the bank.

The event was attended by Lagos State Governor, Babajide Sanwo-Olu, represented by Commissioner Olatubosun Alake, who acknowledged the role of tech startups in driving economic growth and social development.

Nnaemeka Clinton, Chief Innovation Officer of ATE, highlighted the growth of the African tech industry and the resilience of startups despite challenges.

Fidelity Bank, known for its extensive network and customer base across Nigeria and the UK, continues to support digital transformation initiatives aimed at bolstering economic development in Africa.