Fidelity Bank has reinforced its commitment to advancing digital innovation across Africa, as highlighted during a significant event held at the Landmark Event Center in Victoria Island, Lagos. Dr. Nneka Onyeali-Ikpe, the Managing Director/Chief Executive Officer of Fidelity Bank Plc, articulated the bank’s strategic initiatives aimed at driving digital-based retail banking. Central to their strategy is the establishment of an SME business hub designed to foster collaboration and networking among startups, content creators, and digital entrepreneurs.
Dr. Onyeali-Ikpe emphasized Fidelity Bank’s belief in Africa’s potential as a leading hub for emerging technologies. She identified key challenges hindering tech startup growth, including internal issues like lack of investment and external challenges such as inadequate support. To address these barriers, Fidelity Bank has partnered with SPARK Africa and other stakeholders to host the African Technology Expo. This platform aims to connect startups with investors, growth partners, and industry leaders, positioning it as a catalyst for Africa’s digital transformation and economic growth in 2024 and beyond.
The event also featured insights from Lagos State Governor Babajide Sanwo-Olu, represented by Commissioner Olatubosun Alake, highlighting the state’s proactive stance in supporting technology and innovation. Nnaemeka Clinton, Chief Innovation Officer of the Africa Technology Expo, underscored the remarkable growth and innovation within Africa’s tech industry, emphasizing the resilience and potential of African tech entrepreneurs despite existing challenges.
Ranked among Nigeria’s top banks, Fidelity Bank serves over 8.3 million customers through its extensive network of 251 business offices in Nigeria and the United Kingdom, in addition to its digital banking channels. The bank’s commitment to nurturing digital transformation aligns with its accolades as a leading institution in various banking categories, including SME banking and financial solutions.
Dr. Onyeali-Ikpe’s representation at the event by Mr. Kevin Ugwuoke, the bank’s Executive Director and Chief Risk Officer, reaffirmed Fidelity Bank’s dedication to supporting tech startups and fostering digital innovation that drives sustainable development across Africa’s economies and communities.
