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Prominent figures and pioneers in the industry have advocated for a more comprehensive strategy in technological advancement throughout Africa, encouraging involved parties to go beyond fintech and utilize artificial intelligence to stimulate progress in other vital sectors.

The call occurred at Kora’s 2025Sundown Sessions, the second edition of the payment infrastructure company’s main innovation forum, recently held in Lagos under the themeArtificial Intelligence in Africa: Going Beyond the Excitement.

The gathering brought together over 400 business owners, artists, and tech executives to explore how artificial intelligence is transforming business strategies, artistic expression, and economic development throughout the region.

During his keynote speech, Iyinoluwa Aboyeji, the Co-Founder of Future Africa, urged attendees to broaden their perspective on innovation.

There’s a lot to develop,” he stated. “We need to move past fintech. From digital finance to trade and governance, all aspects rely on the digital infrastructure that links us. However, many people still don’t have access to the internet. Digital infrastructure is the issue we need to address.

The night began with a fireside conversation including the Creative Director of I.N Official Limited, Ifeanyi Nwunne, and the Founder and CEO of Ashcorp Group, Yinka Ash. Hosted by Dickson Nsofor, CEO of Kora, the talk examined how AI is reshaping creativity, production, and customer interaction within Africa’s fashion sector.

AI only poses a threat to those who cease innovating,” Nwunne stated. “In fashion and various other sectors, AI enables us to work more efficiently, visualize concepts more effectively, and achieve greater accuracy in our tasks. It is not intended to replace creativity but to enhance it.

Ash mentioned that although AI is changing how businesses function, it cannot duplicate human experience. “What sets humans apart from machines is our creativity and real-life experiences,” he stated. “AI can handle tasks automatically, but it lacks feelings. When we view it as a collaborator, rather than a rival, we enhance our ability to compete on a global scale.”

A panel discussion titled How Will Artificial Intelligence Transform Business Models in Africanotable figures include Somtochukwu Ifezue, the Chief Executive Officer of PiggyVest; Onyinye Olisah, CEO of Onus Financial Services; Buchi Okoro, CEO of Quidax; Frank Atat, an industry expert; and Ugodre Obi-Chukwu, founder and CEO of Nairametrics. The discussion was led by Chigozirim Nwokeoma from Techpoint Africa.

Panelists explored how AI is fueling growth and operational efficiency in various sectors. Ifezue mentioned that PiggyVest employs AI technologies to boost productivity and speed up learning within teams. Olisah emphasized that human involvement is still essential, stating, “AI is strong, but it can only progress as much as we direct it. Without bringing creativity or perspective to the table, AI will surpass you.”

Okoro highlighted the significance of adopting AI responsibly within the financial sector, noting that Quidax has established a well-defined internal policy to protect customer information. Atat spoke about the increasing impact of AI in agriculture, mentioning advancements in soil analysis and crop monitoring.

Obi-Chukwu mentioned that AI is revolutionizing journalism and research through enhanced data analysis and report writing, but “human editors are still needed to ask questions, verify facts, and polish the final result. Creativity continues to be a human skill.”

The CEO of Kora, Dickson Nsofor, stated that the companycreated Sundown Sessionsto connect technology with the community. “AI is fueling a new era of Africa’s digital development,” he stated. “At Kora, we feel that advancement occurs when technology intersects with community, and”Sundown Sessionsis how we establish that connection.

The event also included a presentation of Kora’s newest product line, highlighting how the company is incorporating AI into payment systems and risk management to enable African businesses to grow more efficiently and intelligently.

Provided by SyndiGate Media Inc.Syndigate.info).