Understanding the Landscape of AI and Data in African Fintech : Opportunities & Challenges

This paper explores the dynamic role of Artificial Intelligence (AI) and data analytics in Africa's fintech sector. It analyzes how the continent's unique context, characterized by technological leapfrogging and mobile-first adoption, creates unprecedented opportunities for financial inclusion through alternative credit scoring and innovative applications. However, the paper also details significant challenges, including data scarcity, infrastructure limitations, and regulatory gaps. Ultimately, it positions Africa as a unique laboratory where adaptive AI strategies are pioneering inclusive financial solutions with global relevance.