Economy & Politics

Report: FANAF Zone Markets Forum (video)

The 3rd edition of the Financial Afrik Awards will take place on December 17 in Dakar, Senegal, under the theme: “Covid-19, catalyst of the fourth industrial revolution”. The Financial Afrik Awards will be presented on this occasion and the list of “100 people who are transforming Africa” unveiled.

After two editions in Abidjan, the third edition of the Financial Afrik Awards will take place at the Museum of Black Civilizations in Dakar, the Senegalese capital, home of the pan-African newspaper Financial Afrik, on December 17 under the theme: “Covid-19, catalyst of the fourth industrial Revolution”.

Thus, after two editions which have made it possible to consolidate the achievements of a continental meeting that has become essential, this edition, which takes place in a particular context marked by the crisis of the Covid-19 pandemic, underlines the need to go forward and not to give up in the face of the health crisis and its consequences on African economies and finance.

COVID-19, catalyst of the fourth industrial revolution

The year 2020 marks a turning point for economics and finance. Containment and the barrier measures enacted in response to the global pandemic have reinvented the working environment in companies, opening up the field of possibilities to the dematerialization of the production of goods and services. Financial players and governments are using Big Data and artificial intelligence to reach more people at ever lower cost, improve the customer experience by meeting user expectations and, in the case of second players , States, bring more efficiency in forecasting public policies and allocating public resources. These technological upheavals are not without asking questions of various kinds: technical, legal and ethical.

Big Data and Financial Inclusion in the Fourth Industrial Revolution

In the first industrial revolution, water and steam helped mechanize production. The Second Industrial Revolution harnessed electrical energy to create mass production. The third industrial revolution relied on electronics and information technology to automate production. The fourth industrial revolution grew out of this: it is the digital revolution, born in the last half of the twentieth century. It is characterized by a fusion of technologies that blurs the boundaries between the physical, digital and biological spheres, with an organization of work within the company that goes from face-to-face to remote. The Covid-19 pandemic is only accelerating this phenomenon.
The Financial Afrik Awards meetings consist first of a multi-panel forum followed by a gala dinner in which the list of the “100 people who are transforming Africa will be unveiled” in the December monthly edition.

Financial Afrik Awards Program (# 3FAA)

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