Key Takeaways from Interswitch’s Sierra Leone Fintech Forum 2.0


Sierra Leone’s financial services landscape is undergoing a powerful transformation, driven by a growing commitment to build inclusive, digitally enabled systems that serve every citizen. This vision took centre stage at the second edition of the Sierra Leone Fintech Forum, recently hosted by Interswitch in collaboration with the Bank of Sierra Leone at New Brookfields Hotel in Freetown.

Bringing together regulators, banks, fintech innovators, mobile money operators, and development partners, the Forum marked a pivotal moment for the country’s digital finance journey and served as a platform for strategic dialogue, ecosystem alignment, collaborative thinking, and collective problem solving, aimed at unlocking the full potential of digital payments and financial inclusion.

From Conversations to Collaboration

Focused on the theme “Access, Inclusion and Growth – Deepening Digital Payments in Sierra Leone,” the event featured a vibrant agenda of keynote sessions, thought-provoking panel discussions, and live product showcases.

The conversations reflected a maturing ecosystem, one ready to address long-standing financial access barriers while embracing the innovations reshaping global finance. From infrastructure gaps and regulatory reforms to the evolving potential of agency banking, stakeholders leaned into the urgent need for a more collaborative and interoperable future.

In his keynote address titled “Building on Progress: Expanding Access, Driving Inclusion, and Fueling Growth for National Prosperity,” Akeem Lawal, Managing Director, Payment Processing and Switching (Interswitch Purepay), laid a strong foundation for the day’s engagements, emphasising the importance of collective action in delivering inclusive growth through digital finance.

Spotlight on Agency Banking

The forum also spotlighted Interswitch’s Agency Banking solutions, a key enabler of financial inclusion for underserved and remote communities. By empowering banks and other financial institutions to extend their reach through a network of local agents, the solution is helping to bridge the gap between formal banking and the millions previously excluded from it. This reflects a broader strategic focus, where technology does not just drive efficiency but delivers real, everyday impact for individuals, SMEs, and entire communities across Sierra Leone.
Big Themes, Bold Conversations

Two panel sessions anchored the day’s discussions. The first, “Banking Beyond Boundaries: Navigating Access, Inclusion, and Innovation in a Digital-First Economy,” explored how banks and regulators are adapting to meet the demands of an increasingly digital population. The session examined how digital payments are transforming financial access, driving economic inclusion, and spurring growth. It covered the role of interoperability, infrastructure, regulation, and collaboration with fintechs in deepening inclusion and expanding reach.

Paul Ohakim – VP, Issuing & Acquiring Management, Verve International joined the panel to offer insights on the role of payment infrastructure in enabling system-wide inclusion. Speakers from top institutions including GTBank, Rokel Bank, UBA, Skye Bank, FBN, and the Bank of Sierra Leone also contributed perspectives on how traditional banks can drive interoperability, enhance trust and security, and support regulatory frameworks to reach underserved populations.

The second session, “Building Bridges, Breaking Barriers: Unlocking Inclusive Growth Through Interoperable Digital Payments and Strategic Partnerships,” addressed one of the key priorities in Africa’s fintech space today, which is interoperability. Discussions focused on building connected ecosystems that nurture seamless transactions and equitable access across all user segments.

Olubunmi Aina – VP, Sales & Account Management, Interswitch participated in this session, highlighting the importance of partnerships and shared infrastructure in scaling digital financial services across diverse markets. Fintechs and mobile money operators such as Orange Money, CMB, Vault, and SLCB shared perspectives on platform integration, trust and risk management, and collaborative models. There was also a strong emphasis on scaling impact through agent networks, improving merchant acceptance, and harnessing Sierra Leone’s tech-savvy youth population.

A Platform with Purpose

The Sierra Leone Fintech Forum was more than just another industry gathering. It was a deliberate investment in the growth of the ecosystem. Through the event, Interswitch reinforced its belief that the future of finance in Africa will not be built in isolation, but in alignment with all key stakeholders within and outside of the payment ecosystem. It was a platform dedicated to enabling systems that are both inclusive and resilient, supporting long-term development through accessible, innovative financial solutions.

As Sierra Leone continues to expand mobile connectivity and accelerate its digital transformation agenda, the forum proved a timely catalyst, challenging stakeholders to act boldly, think inclusively, and build systems that deliver real impact. The message was clear and consistent: sustainable progress demands more than innovation. It requires collaboration.

Events such as the Interswitch Fintech Forum are crucial not only for sparking innovative ideas to propel the ecosystem forward but also for facilitating the implementation of these ideas in ways that create real value for individuals, businesses, and the wider African economy. While the journey is still in its early stages, the momentum gained is unmistakable.




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Westwind Energy Recognised for Leadership in Clean Cooking at ECOWAS Forum


Westwind Energy, the manufacturer of Wonder StovesTM, has been awarded the Energy Efficiency Project, Clean Cooking Building and Industry of the Year at the 9th ECOWAS Sustainable Energy Forum (ESEF) organised by the Ecowas Center for Renewable Energy and Energy Efficiency (ECREEE).

This award is a celebration of the transformative impact of their Institutional Stove, part of the Wonder StovesTM product line, which achieves 41.7% thermal efficiency, is rated Tier 4, reduces wood consumption by 60% and smoke emissions by 90%.

Adopted by over 60 schools in Sierra Leone and Guinea, the stove has improved cooking conditions for more than 35,000 beneficiaries, delivering significant health, environmental, and cost-saving benefits.

“We are honoured to receive this award,” said Hannah Max-Macarthy, Managing Director of Westwind Energy. “It represents the commitment and hard work of our team and the support of our partners, including ECREEE, GIZ, EnDev, World Food Programme, Burn Design Lab, Plan International, and the Government of Sierra Leone. We remain committed to delivering solutions that improve health, promote sustainability, and support national development.’’

The ECOWAS Sustainable Energy Forum celebrates organisations that push the boundaries of innovation to solve regional energy challenges, says Mr Hyacinth Elayo, an ECREEE official. He added: “Westwind Energy’s Institutional Stove sets an example for the transformative power of energy-efficient technologies. Its contributions to health, environmental conservation, and economic empowerment are exemplary for the region.”

With over 33 years of experience, Westwind Energy, through its Wonder StovesTM brand, offers biomass and LPG stoves for households, commercial, and institutional use, designed to reduce emissions and fuel consumption.

The company is also developing new models powered by renewable fuels to expand clean cooking solutions across West Africa.




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Rokel Commercial Bank’s MD Dr. Walton Gilpin to Represent Sierra Leone, Speak at Global Reputation Forum & Fintech Awards


Dr. Gilpin, the astute Managing Director & CEO of Rokel Commercial Bank, has been nominated as one of the Top five (5) Financial Leaders in Sierra Leone. He is set to represent the country at the prestigious Global Reputational Forum & Reputation Fintech Awards hosted by Reputation Poll International on December 8th & 9th, 2023, at the Marriott County Hall in London. Additionally, he’ll serve as a speaker at this esteemed event.

Reputation Poll International Limited, renowned for listing the world’s 100 most reputable individuals and bank CEOs, is organizing this event in collaboration with WINTRADE and Go Global Trade, chaired by Lord J.D Waverley. The 2023 Global Reputation Forum aims to recognize the remarkable growth, integration, and reforms within Africa’s banking and financial sector.

The event is designed to acknowledge rapid expansion, integration, accelerated growth, and reforms of Africa’s banking and financial sector. The event will honor and celebrate outstanding Banks and Fintech Institutions that are moving Africa’s rapidly transforming finance sector. Expectations: 1. The forum is expected to bring together Executives from leading banks (Bank of England, HSVC, Europe Exim Bank ect) investors, Chairs, Technology and Innovation Top Executives. 2. Exclusive meeting with The Parliamentary Co-Chair of the U.K Trade and Investment including other Executive VIP Delegates.

The 2023 Global Reputation Summit will also feature a broad range of discussions and debates by top facilitators from Africa and Europe bringing theoretical & practical experiences to guide on how various sectors can work together to build credible reputation, branding strategies for accelerated growth; providing Banks, Fintechs, Global brands, individuals and organizations with the awesome opportunity to learn winning branding strategies that will help to build their reputation and maintain dominance in their markets.

These accolades reflect Rokel Commercial Bank’s commitment to leveraging cutting-edge strategies in technology and innovation, positioning itself as a key player in Africa’s innovative landscape.

RCB – The Bank of Choice!!!




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Unpacking the First Interswitch Fintech Forum in Sierra Leone


Africa’s leading integrated payments and digital commerce company, Interswitch, has successfully hosted its first-ever Sierra Leone Fintech Forum.

The groundbreaking event which took place on Thursday, November 2, 2023, at the Radisson Blu Mammy Yoko Hotel, Freetown, Sierra Leone, brought together key stakeholders, industry experts, and innovators to unpack the potential and future of financial technology in Sierra Leone.

The Sierra Leone Fintech Forum served as a dynamic platform for dialogue, collaboration, and knowledge exchange within the burgeoning fintech ecosystem. The event aimed to foster a deeper understanding of the transformative power of fintech and its role in shaping Sierra Leone’s economic landscape.

Speaking at the event, Akeem Lawal, the Managing Director, Payment Processing and Switching (Interswitch Purepay), highlighted the importance of fintech in driving innovation and growth in the African economy.

He said, “”Interswitch is proud to have played a pivotal role in bringing together the brightest minds in the fintech space. The forum reflects our commitment to driving innovation and facilitating the digital transformation of financial services in Sierra Leone.”

The Governor of the Bank of Sierra Leone Dr. Ibrahim Stevens who graced the inaugural Fintech event expressed his pleasure at the initiative to discuss the future of digital payments in Sierra Leone. In his speech, the Governor reiterated the need to grow the digital payment ecosystem leveraging collaborations, technology and capacity building.

The event featured panel sessions where renowned speakers and thought leaders from the fintech industry shared valuable insights into the latest trends, emerging technologies, and transformative opportunities in Sierra Leone, as meaningful connections were forged between industry players, fostering collaboration and partnership opportunities.

Commenting on the essence of the forum, Jonah Adams, MD, Digital Infrastructure & Managed Services (Interswitch Systegra), said: “Fintech has the potential to revolutionize the way financial services are delivered in Sierra Leone. By embracing innovation, Sierra Leone can create a more inclusive and prosperous financial system, and with collaborations like the Interswitch Fintech Forum, Interswitch is committed to creating an enabling environment for fintech to thrive in Sierra Leone.”

Attendees had the chance to engage in constructive conversations and explore potential synergies and gained a comprehensive understanding of the regulatory framework and its implications for the growth of the fintech sector.
Fintech is playing a critical role in transforming the way people access and use financial services in Africa.

By providing innovative financial solutions that are more accessible, affordable, and convenient, Interswitch is helping to drive financial inclusion and economic growth across Africa.




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