The BimaLab Africa Insurtech Accelerator, in partnership with FSD Africa and the Insurance Regulatory Authority of Uganda, hosted the highly anticipated Africa Innovation for Resilience (AIR) Conference 2024 in Kampala, Uganda. The event brought together a diverse range of stakeholders, including policymakers, innovators, entrepreneurs, financial institutions, and researchers, to explore innovative strategies for building resilience across African economies.

Held under the overarching theme of “Harnessing Innovation for Sustainable Resilience,” the conference provided a dynamic platform for collaboration, knowledge exchange, and policy dialogue. Attendees had the opportunity to connect with thought leaders, showcase cutting-edge technologies, and co-create solutions to address pressing challenges.

“Lack of technical capacity, partnerships, funding, and regulatory barriers are today’s socio-economic challenges. As we gather with bright minds, we have the opportunity to harness innovation to address these issues,” emphasized Hon. Matia Kasaija, the Minister of Finance, Planning and Economic Development, who was represented by State Minister for Finance, Amos Lugoloobi.

The conference featured in-depth discussions across key thematic areas, including climate resilience, economic resilience, technological innovation, and social resilience. Participants explored strategies for adapting to and mitigating climate change, diversifying economies, leveraging emerging technologies, and strengthening community-based approaches.

“Digital solutions, especially AI, are crucial where data is sparse. FSD Africa is committed to facilitating large-scale partnerships and supporting new ideas,” said Mark Napier, the CEO of FSD Africa.

Recognizing the pivotal role of entrepreneurs in driving sustainable resilience, the event also sought to empower startups and innovators. Kelvin Massingham, the Director of FSD Africa, addressed the 2024 startups, stating, “You are the centre of what we do, the heroes of this story. We are here to support you and cheer you on. You are the ones taking all the risks and solving difficult problems.”

Throughout the conference, attendees engaged in interactive sessions, networked with industry leaders, and discovered cutting-edge technologies and solutions. The event served as a catalyst for fostering collaboration, exchanging best practices, and shaping supportive policies to accelerate the development of resilient African economies.

As the AIR Conference 2024 left participants inspired to harness the power of innovation and drive sustainable resilience in their respective domains, paving the way for a more prosperous and adaptable African continent. Watch Event!