The payments industry, once the poster child for a rapid growth sector, is now under pressure as investor expectations shift toward profitability and differentiated business models. With growth rates slowing sharply across North America and Europe, firms wanting to remain competitive in the payments space need to reshape their strategies, modernise their technology, and embrace generative AI (GenAI).
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Tolu Oyekan, Managing Partner and Head of BCG Nigeria, gave this advice while moderating a session on “Megacities: challenges and opportunities of unbridled urbanization“ at the Africa CEO Forum 2022 held recently in Cote D’Ivoire.
One of its activities in raising this awareness was a beach clean-up exercise done in partnership with Recyclan, a multinational recycling company and HB Imagino, a recycling supply chain consultant, to reduce the level of plastic waste pollution and create jobs for women in the sorting and plastic waste collection process.
The new partner has over 20 years of experience working directly for and advising multinational and local companies and strategic investors primarily in the upstream oil and gas sector. Her work covers large transformation efforts, including addressing performance improvement, strategy, operational improvement, people strategy, E & P finance strategy.