On the road to the bank of the fu­ture

The Africa Report - - POLITICS -

To con­tinue bank­ing the un­banked pop­u­la­tion, Togo is count­ing on the dig­i­tal revo­lu­tion. This is why coun­try is fo­cused on mod­ernising its In­ter­net net­work so that peo­ple can en­joy all the ad­van­tages of broad­band, es­pe­cially in terms of bank­ing and fi­nan­cial in­clu­sion. Ecobank, Ora­bank and the Banque To­go­laise pour le Com­merce et l’in­dus­trie have al­ready es­tab­lished part­ner­ships with mo­bile op­er­a­tors in or­der to of­fer their cus­tomers the pos­si­bil­ity of man­ag­ing on­line ac­counts and car­ry­ing out fi­nan­cial trans­ac­tions. Ecobank is even or­gan­is­ing the Fintech Chal­lenge in Lomé – a pan-african com­pe­ti­tion aimed at trans­form­ing fi­nance through in­no­va­tion and tech­nol­ogy.

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