We are driving innovation by investing in the youth.
Welcome to this year’s BYM summit where you will hear from thought and inspiration leaders, have the opportunity to stretch your thinking and creativity, and be challenged to craft solutions for not only business but social and environmental challenges. We at Barclays Africa are delighted to once again be the sole strategic partner and sponsor of the annual BYM summit. Barclays Africa and BYM share a common ambition to realise the potential of the youth across the continent, and in doing so unlock lasting growth for the communities in which we operate.
Today, advanced technologies, big data and crowdsourcing are shaping our future. How will this impact Africa, how will this shape Africa going forward? How will Africa’s youth and communities use technology and innovation to develop solutions to our continent’s greatest challenges. Africa has a long standing legacy for embracing innovation. According to the GSMA Mobile Economy: sub-Saharan Africa 2014 report, smart phones in Africa will increase by 629% between 2013 and 2020. Similarly, mobile phone usage will increase by 62% over the same period. Africa is also leading the adoption of mobile money platforms – if we compare the population of developed markets, just 2% of the population have mobile money accounts, while 12% of sub-Saharan adults are using their cell phones as handheld mobile banks *.
We at Barclays Africa are excited to be part of the journey in unlocking Africa’s potential and the opportunities therein. We are striving to be more than a bank, we are actively developing solutions that help people achieve their ambitions and facilitate greater, more inclusive prosperity for current and future generations.
We have realised that in order for us to be relevant for tomorrow, we need to be innovative today and align our business to optimally support the growing needs of our clients. Over the last year we have been working with BYM to help us come up with solutions that would make us an Employer of choice as well as supporting creative and sustainable ideas and business solutions as well as exciting new ways of working – all this with the aim to be more than a Bank.
This is a unique and great opportunity and experience that you are about to embark on. I encourage you to embrace, enjoy and learn – not only from the world class, thought provoking speakers but also from the innovative and uniquely designed programme that will challenge your thinking and change your mind set.
I leave you with a comment from a great man, “A winner is a dreamer who never gives up” – Nelson Mandela. Your ambitions are there to be realised!
Wishing you a fantastic Summit
Stephen van Coller
Chief Executive, Corporate and Investment Banking, Barclays Africa
This is Africa #TIA
Brightest Young Minds is an organisation that shares our firm belief in the value of making the ideas and ambitions of young people come to life.
This short video provides an insight into their mission.