- Year Selected: 2015
- Age at selection: 22
- Venture: MyAConnect
- Country: Cameroon
- Sector: Technology
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Fabrice Alomo is passionate about solving local problems through the use of technology.
According to Fabrice: “I am a Do It Yourself (DIY) advocate. For me, each problem has a solution. If there is no solution there is no problem.”
Born on April 2nd 1993, grew up autistic in a family with 6 sisters and 5 brothers, Fabrice Alomo overcame different challenges in his childhood and teenage years to become a serial business techpreneur by talent and vision, a social entrepreneur by mission and passion, and a remarkable Do-It-Yourself Advocate by learning.
He is an entrepreneur who grew a business from a product to a lean start up through effective business planning, project management, creative sales techniques, innovative products and marketing. He is first Co-Founder & COO at AMoney, a for-profit Fintech company that aims first to help 2 billion unbanked and under-served people living in both urban and rural areas.
AMoney seeks to assist individuals with effectively managing their finances to improve their lives and build resilience against economic shocks in order to fight against financial exclusion. AMoney’s first goal is to build sustainable futures for it’s customers by connecting them with digitally-based financial tools and services. Secondly, he is providing a blockchain-based payment infrastructure leveraging blockchain and distributed ledgers to unify mobile wallets in Africa and help financial institutions, money transfer operators and payment aggregators to enable fastest and cheapest low-value cross-border payments in real-time with direct settlement targeting both banked and unbanked people, SME or corporate (for cross-border commercial payments and inter-bank commercial payments) to cut out the outdated, opaque and expensive correspondent banking system to bring back $4 billion USD into the hands of Africans by leveraging Blockchain technology.
Problem solver Fabrice believes each problem has a solution, if there is no solution then there is no problem. Alomo is a fellow of the Tony Elumelu Entrepreneurship Programme, he is a fellow of the Global Shapers Community of the World Economic Forum. In 2016, Alomo was named “Top 30 under 30 best young entrepreneurs in Africa” by Forbes Magazine.