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Ecobank launches first training for journalists on (…)

Ecobank Partners with AMA Academy to Launch First Pan-African FinTech Training for Journalists and Win FinTech Journalist of the Year Award

Ecobank Group, a leading pan-African banking group committed to developing and supporting financial technology to transform digital finance and banking, today announced a partnership with AMA Academy, the only pan-African online learning platform. Africa. Ecobank Group and AMA Academy will jointly develop customized FinTech training modules 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 the recognition and reward of the best African 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, inclusiveness and future trends in the fintech market in Africa. The partnership aims to deepen the knowledge and understanding of this fastest growing sector on the continent, improve the quality of reporting and generate greater public interest.

Eloin Barry, Founder and Managing Director of the African Media Agency and AMA Academy., said: “We are delighted to partner with the Ecobank Group, which is at the forefront of financial technology transformation and development in Africa. Our Academy also strives to improve 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 effectiveness of their reporting.”

Africa accounts for 45.6% of the world’s mobile payment transactions, made possible by the rapid development of internet and smartphone access and exacerbated by the COVID-19 pandemic in 2020.

In 2021, fintech companies received 60% of more than $4 billion in technology investments, more than the total investment made in the world’s broader tech startup ecosystem in previous years, according to tech researchers. An estimated 6 million young Africans access the Internet each year, offering exciting growth opportunities in emerging fintech sectors such as agriculture, insurance, healthcare, clean energy and manufacturing. apart from relatively unexplored areas such as crowdfunding, blockchain technology, artificial intelligence and augmented reality.

“Despite all the good things that can be said about the growth of the African fintech industry, there are gaps and imbalances in its portrayal. Today, the international media is talking about it. We don’t touch enough on the subject with an in-depth analysis of what’s really going on in Africa, by the 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,” continued Eloin Barry.

Jiba Diallo, fintech consultant at Ecobank Groupsaid of the partnership: “The continent has seen the growth 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 become global solutions, and enable our local media partners to spread the word.”

Financial Technology Journalist of the Year Award

Journalists who complete all modules of the training will also have the opportunity to win the award 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/ to register for the fintech master class.

About the AMA Academy

The goal of the AMA Academy is to train and certify 10,000 journalists and media professionals by 2027, equipping them with the skills in all genres and sectors of journalism to promote high-quality reporting. It also helps journalists learn how to benefit from their profession and diversify their stories. The AMA Academy currently has a presence in 23 African countries.

About Ecobank Transnational Incorporated (“ETI” or the “Group”)

Ecobank Transnational Incorporated (“ETI”) is the parent company of the 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 sector 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 (UK) and Dubai (United Arab Emirates). The Group offers a full range of banking products, services and solutions, including digital ones, including bank and deposit accounts, loans, cash management, advisory, trading, 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 Regional Securities Exchange in Abidjan. For more information please visit www.ecobank.com

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September 19, 2022 to Judikael ZOHUN

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