Africa: Is Rwanda Ready to Become Africa's Fintech Center of Gravity? ...Middle East

[New Times] Rwanda is positioning itself as a leading FinTech hub in Africa through its FinTech Strategy 2024-2029, which envisions Rwanda as the Africa's FinTech center of gravity. This ambition prompts scepticism: can a small market challenge established giants like Nigeria, Kenya, South Africa, and Egypt? These Big Four have traditionally dominated the FinTech sector through sheer market size and funding, attracting 80% of Africa's FinTech investment in 2024 alone.

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