Bank Innovation as a Lever of Economic Development in Africa

Technological innovation in the banking industry is being used in Africa as a strategic lever of economic and social development. Nigeria is a clear example of the way in which banking is now embracing technology to evolve, with the development of fintech. Fernando Barnuevo, Chairman of the IE Fund Board of IE Business School, talks to Nadu Denloye, Co-founder of Telnet Nigeria, on the challenges facing the banking sector in the country and the opportunities for entrepreneurship, innovation and investment.