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Mondato Summit 2015: Top 10 takeaways according to execs

June 8, 2015 • Lists, Top Stories

Mondato Africa Summit 2015. (Image and Gallery Credit: Darryl Linington)

Mondato Africa Summit 2015. (Image and Gallery Credit: Darryl Linington)

Mondato Summit 2015, which was held between 2nd & 3rd 2015 – at Summer Place in Johannesburg, South Africa – had a packed line-up of great speakers and intriguing panel discussions. C-level executives and thought leaders from right across the mobile finance and commerce spectrum to discuss key issues in the industry in Africa, helping to bring some clarity to a rapidly developing and exciting, but chaotic and confusing, space.

Some of the execs in attendance included:

Uzoma Dozie – CEO & Group Managing Director, Diamond Bank
Mamadou Toure – Managing Director, General Electric Africa / Chairman & Founder, Africa 2.0
Maria Pienaar – Chief Information Officer, Cell C
Ebi Atawodi – General Manager – Nigeria, Uber
Crayg Hitzeroth – Head of Content Strategy, Ad Dynamo, representing Twitter Africa
Abe Wakama – Managing Director, IT News Africa

Executives attending the event shared their top takeaways:

1. “We do not see the OTTs as being out to eat our lunch but rather as our distribution partners.” – Maria Pienaar, CellC
2.
“PINs and passwords are unpopular among the poor and illiterate.” – Michel Hanouch, CGAP
3.
“Unbanked is not the same thing as poor.” – Johan Bosini, afb
4.
“The poor can’t afford cheap products.” – Jonathon Green, Fenix International
5.
“Over 50% of South Africans want to pay for ecommerce with Cash on Delivery.” – Grant Brown, Zando
6.
“Mobile money is transactional inclusion, which is not the same as financial inclusion.” – Agrippa Mugwagwa, FBC Bank
7.
“The internet and mobile technologies are making African youth the drivers of social transformation and wealth creation.” – Prof. Monde Makiwane
8.
“We expected the mobile world to look very delineated and simple.” – Yolande Van Wyk-Steyn, FNB
9.
“I still haven’t met anyone with a MasterCard ID card in Nigeria.” – Uzoma Dozie
10. “Facebook wants to show people what they like.” – Ebele Okobi, Facebook

An image gallery from the event can be found below:

Darryl Linington

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