Wavetec marks a strong presence at the FT Africa Summit 2015

Wavetec partners with Financial Times for Africa Summit 2015
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The Financial Times is a leading business news and information organization that is renowned worldwide for its award-winning global business news, insightful opinion and razor-sharp analysis, and internationally recognized for its authority, integrity and accuracy.

Wavetec, a multinational financial market data displays leader and an expert in the domain of Customer Experience Solutions in retail public areas associated with Financial Times for the second FT Africa Summit in London, that was held on the 4th and 5th Of October, 2015.

The Africa Summit was the second of its league organized by FT Live, after FT broke ground with the first summit last year. The Summit took place at a time when Africa’s economy has been marked as the second fasted growing economy in the world, and the continent’s movement towards economic independence and political stability due to favorable externalities are being noticed worldwide.

The highly influential event was host to 300 attendees including finance ministers, investors and business leaders from emerging businesses and financial institutions of Africa. FT Africa touched upon the most serious and significant issues pertinent to Africa and welcomed captains of different industries in the acclaimed CEO debate.

The event addressed the impact on the continent of the dip in prices of commodities that contribute towards the export earnings of African countries and how measures would have to be taken to ensure a competitive business environment while there’s a budding appetite for African manufacturing around the horizon. Interesting views were shared by Nigeria’s Mr. Aliko of the DANGOTE Group. The group has now spread in over 15 countries. Talking about the importance of business in Nigeria he states “Companies investing in Africa and are not focusing Nigeria, may not be serious of doing business in Africa”.

Future development and business opportunities in the Ethiopian market were also a key aspect highlighted by key speakers such as Mr. Tewold, CEO Ethiopian Airlines and Mr. Zemedeneh, Managing partner EY Ethiopia. Both emphasized on Ethiopia’s focus towards infrastructure development, agriculture, commodity imports and sustainable hydro power projects. At the event, Wavetec’s Director Africa Region, Mr. Zia Siddiqui quoted: “The expanding financial sector of Africa coupled with better policy framework, and increasing investment have led Africa towards an economic transformation. Wavetec has therefore managed to set a strong foothold in the continent and strives to contribute towards the progress of the continent. “

Wavetec is a global player in the sphere of Customer Experience Solutions and Financial Market Displays. Innovating since 1986, the company’s headquarters is located in Dubai Silicon Oasis, United Arab Emirates. In turn, Wavetec has spread all over the world with regional offices in Barcelona, Karachi, Lima, London, Nairobi, Riad and Santiago, with a distribution network over 70 countries.