After grabbing the spotlight at iFX EXPO Dubai earlier in the year, AAAFx departs for Johannesburg and the Summit of Financial Powers Africa (FMAS:23). From May 8-10, the AAAFx team will meet in Ballroom 1 at the Sandton Convention Center. Booth 58.
The Broker is also proud to be the Champagne sponsor of this event, held for the first time in South Africa. FMAS:23 promises to be one of the largest gatherings of the financial industry to be held in Africa, attracting thousands of international and local thought leaders, industry professionals, affiliates, brokerage firms and technology Bring your providers together. As such, it is an ideal starting point for AAAFx considering plans to establish an active presence in the region.
“We are honored to catch up with our existing partners in South Africa, create new partners and exchange and share ideas with like-minded industry leaders attending the event. Our goal is to become one of the leading financial services providers in the region, and the Finance Magnates Africa Summit presents us with a great opportunity to increase brand awareness and scale.
South Africa has emerged as one of Africa’s most technology-driven countries in recent years, with strong investment interest. According to the latest data, South Africa hit a daily trading volume of over $2.21 billion in her 2019 alone.
According to Statista, digital investment is also one of the fastest growing sectors in the country. Total digital investment is estimated to reach $8.67 billion by the end of 2023. Furthermore, South Africa’s estimated total transaction value is expected to grow at a compound annualized rate (CAGR) of 19% over the next four years.
Against this backdrop, AAAFx’s decision to step into the South African fintech scene is a strategic step forward, allowing the company to grow organically in the region. The scope of his FSCA license gives him legitimacy to offer Forex and CFD trading services in South Africa and sets the right path for expansion.
“We have been looking forward to an opportunity like this for quite some time. Attending and sponsoring the Finance Magnates Africa Summit is a great way to showcase our brand and value proposition in front of prominent industry leaders in Africa and beyond. It’s a great way to introduce
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