• Saturday, June 22, 2024
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NITDA, Regtech Africa Confab to tackle crucial imperatives for national development

NITDA, SMEDAN partner to build database for SME interventions

The 2024 Regtech Africa Conference, scheduled for May 23-24, 2024, is set to tackle a crucial imperative for national development: bridging the data trust gap.

With a headline partnership with the National Information Technology Development Agency (NITDA) and the participation of leading industry players, the conference aims to explore innovative strategies for enhancing trust, transparency, and compliance in the digital age.

In an era characterized by rapid technological advancement and increasing reliance on data-driven solutions, trust in data governance and integrity is paramount for driving sustainable development.

The data trust gap, marked by concerns surrounding data privacy, security, and integrity, poses significant challenges for national development efforts across Africa.

The 2024 Regtech Africa Conference seeks to address these challenges head-on, with a focus on leveraging regulatory technology (Regtech) solutions to bridge the data trust gap and promote national development. As a headline partner, NITDA brings invaluable expertise and insights into the regulatory frameworks and technological innovations necessary to address these challenges effectively.

“We are honored to partner with NITDA for the 2024 Regtech Africa Conference,” said Graham-Olusanmi Lawal
Director of Partnerships, RegtechAfrica Conference.

“Their involvement underscores the importance of collaboration between government agencies and the private sector in driving innovation and regulatory excellence for national development.”

Key themes to be explored at the conference include:

Data Privacy and Protection: Evaluating regulatory frameworks and best practices for safeguarding sensitive data and ensuring compliance with data protection laws to foster trust and confidence in data governance.

Cybersecurity and Fraud Prevention: Addressing the evolving cyber threat landscape and discussing strategies for mitigating risks and combating financial fraud through innovative technological solutions.

Regulatory Compliance and Reporting: Exploring the complexities of regulatory compliance in the digital era and identifying Regtech solutions for streamlining reporting processes and ensuring adherence to regulatory requirements.

Trust and Transparency: Examining the role of technology in building trust among stakeholders, fostering transparency, and enhancing the credibility of national development initiatives in the eyes of citizens and investors.

As part of the conference program, the CEO of NITDA is slated to deliver a keynote presentation, offering insights into the agency’s strategic initiatives for promoting data trust and integrity as catalysts for national development. The partnership with NITDA underscores the conference’s commitment to driving positive change and innovation in the African financial sector.

The 2024 Regtech Africa Conference promises to be a transformative event, driving meaningful dialogue, fostering collaboration, and shaping the future of regulatory technology for national development in Africa and beyond.