Event Name: African Mobile Micro-Finance & M-Remittances Summit
Event Date: May 10 – May 11, 2010
Event Location: Ikoyi, Lagos
Event Website: http://www.bspmediagroup.com/event.php?EID=58
See Our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events
Cost: GBP 595 (USD 887)
Summary of Event: The summit is being held with the intent to spur development of Nigerian mobile telephony, specifically as a platform for access to microfinance services [1]. It is estimated that microfinance reaches one in 40 Nigerians who need the service, according to a December 2005 study by the Central Bank of Nigeria [2]. Benjamin Pius, Executive director of BSP Events and Forums, which will be holding the conference, cites the 79 million Indians currently accessing financial services this way as a sign of the technology’s potential [3].
Background on the Organizer: BSP Events and Forums organizes conferences and training in emerging markets [4], particularly in Africa.
Background on Other Organizations Involved: The event will be sponsored by Western Union, which has been working to forge mobile-remittance partnerships in developing markets around the world [5].
Event Themes and Discussion Topics:
- Evaluate trends, opportunities and challenges in mobile remittances and mobile microfinance
- Examine how to use mobile remittances to provide services for the un-banked and under-banked in Nigeria
- Address how mobile banking can drive strategic development of microfinance
Who is invited to Attend: Policy and market professionals with interest in the region. For a detailed breakdown of who is expected, see here: https://www.bspmediagroup.com/benefits.php?EID=58 .
About the Presenters:
Presenters include Aida Diarra, Regional Vice President of Western Union; Abiodun Ogunlabi, Head of Mobile Money of MTN Nigeria; and Neil Lightfoot, Banking Practice Manager of Genesis Analytics.
A full list of presenters can be found here http://www.bspmediagroup.com/speakers.php?EID=58
Online Registration Address: https://www.bspmediagroup.com/register.php?EID=58
For additional information you may contact: customerservices@bspeventsandforums.com
[1] BSP Events & Forums: “African Mobile Micro-Finance and M-Remittances Summit – West Africa.”,
http://www.bspmediagroup.com/event.php?EID=58
[2] “Microfinance in Nigeria and the prospects of introducing its Islamic version there in the light of selected Muslim countries’ experience” by Aliyu Dahiru Mohammad and Zubair Hasan, Unpublished: http://mpra.ub.uni-muenchen.de/8287/1/MPRA_paper_8287.pdf
[3] The Guardian: “Firm targets improved innovation in micro-finance, remittance services” by Bankole Orimisan, April 7, 2010, http://www.ngrguardiannews.com/business/article07/070410?pdate=070410&ptitle=Firm%20targets%20improved%20innovation%20in%20micro-finance,%20remittance%20services
[4] BSP Events & Forums: “Home Page.”, http://www.bspeventsandforums.com/BSPHM/index.asp
[5] BusinessWire: “Western Union, Maxis to Launch Mobile Money Transfer Service in Malaysia” October 5, 2009, http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20091005005410&newsLang=en
MicroCapital’s Microfinance Universe profile: BSP Events & Forums: https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=BSP+Events
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