How the finance sector can drive Africa's economic growth: Bisi Lamikanra, Partner, KPMG Nigeria

Bisi Lamikanra, Partner & Head of Management Consulting, KPMG Nigeria

The rise of Africa’s financial services sector in recent years has been remarkable.

From a relatively underexplored and underinvested sector a mere decade ago, today, this sector is considered to be one of the continent’s brightest prospects.

This is due to the fact that financial sector development has been on the agenda of African policymakers for some time now as (aside from profitable opportunities for investors) continued development of this sector has the potential to transform the lives of millions of people across the continent.

For instance, access to credit by the SME/the more informal businesses has the ability to provide jobs, create safety networks and, ultimately play a role in reducing poverty.

Read more: How the finance sector can drive Africa's economic growth – Agenda – The World Economic Forum