About
Financial institutions often impose Western models of risk assessment, which are often ill-fitted for diverse global markets -- especially in Africa, a continent made up of thousands of ethnic and cultural groups and more than 2,000 languages. Fintech entrepreneur Viola Llewellyn is determined to properly tap into the continent's potential for wealth. Her firm, Ovamba, combines AI and local knowledge to develop custom risk models and algorithms, designed for Africa but applicable beyond. Llewellyn's work means previously overlooked entrepreneurs now have the opportunity to access vital capital to grow their businesses. "In digitizing our future, we will preserve the beauty of our culture and unlock the code of our best wealth traits," she says. "Becoming global citizens gives us a seat at the table as equals."
The talk
Credits and licence
- Institution
- TED
- Department
- TED@BCG Toronto
- Speaker
- Viola Llewellyn
- Year
- 2018
- Level
- For everyone
- Language
- English
- Subjects
- Economics
- Source
- TED
- Licence
- CC BY-NC-ND 4.0, as TED states it. Non-commercial use only, and no changed versions. TED's terms
- Attribution
- TED Talks are licensed by TED under Creative Commons BY-NC-ND 4.0 International and are shown here in TED's own player, as TED's usage policy asks.
- Who can watch
- TED gives no rating. Invisible Network shows it to Tweens profiles and older, judged from what the source says about it. How courses are placed