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CEO Message

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Welcome to Next Generation Bank where digital innovation drives progress. As the CEO of Next Generation Bank, I lead a team committed to reshaping Africa's banking landscape through technology. In the heart of Africa, lies our mission: to empower every African with access to modern banking solutions. Africa is more than a continent; it's our home and the source of our inspiration.

At Next Generation Bank, we believe in providing accessible banking solutions to all Africans. Whether you're an entrepreneur, a parent supporting your family, or a dreamer with aspirations, we're here to serve you.

Our journey begins with digital banking. Through our advanced digital wallet solutions, we offer seamless financial management at your fingertips, transforming the way Africans interact with money. Our focus on agility guarantees swift, dependable, and cost-efficient transfers, seamlessly bridging distances with ease.

But our commitment extends beyond banking. We're pioneers of change, driving progress and sustainability. From supporting e-government initiatives to promoting digital literacy, we're building a legacy of resilience and prosperity. As we embark on this digital journey together, I invite you to join us in shaping Africa's future. Let's work towards a brighter tomorrow, where technology empowers every African to thrive.

Thank you for choosing Next Generation Bank.

Abdalbasit Abdalla

CEO, Next Generation Bank

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Founders & Board members

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CEO Mr Abdalbasit Abdalla

Mr. Abdalla's journey as an inventor, researcher, and entrepreneur is a remarkable tale of passion and innovation. Throughout his career, he has held the position of CEO for numerous technology firms and food industry ventures, demonstrating a profound versatility and dedication to advancing multiple sectors.

One of his significant achievements was founding Smart Care Tech and Sky Stars Trade. These ventures not only showcased his entrepreneurial spirit but also his commitment to leveraging technology for societal benefit. His role as the African Director for WIIPA, OMPP/WOFP was another pinnacle of his career. In this capacity, he established and led a natural resources team that provided critical advisory services on major innovation and technology industry transactions, playing a crucial role in shaping the landscape of these sectors.

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    Mr. Abdalla also founded and led the African-Caribbean-Turkish Business Club, fostering international business relationships and promoting cross-cultural collaboration. His efforts in this domain underscored his vision for a globally interconnected business community.

    His exceptional contributions to innovation and entrepreneurship have not gone unnoticed. Mr. Abdalla has been honored with numerous awards and recognitions across Europe, the USA, and Asia, a testament to his impactful work and enduring influence in the fields he has passionately served.

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Carsten Thurm

Carsten Thurm was born in Berlin and has spent part of his life in Spain, Mallorca and the United Arab Emirates, particularly Dubai.

After graduating from high school, he trained as a machine and systems technician and as a master office information electronics technician. He also obtained a degree in road haulage and a restaurant license.

His educational path led him on to study mechanical engineering, which he successfully completed with a degree in engineering. He then completed a degree in occupational safety, which qualified him as a safety engineer. He also expanded his knowledge by studying psychology.

Carsten Thurm obtained a license for the commercial operation of ships, both sailing and motorboats, and holds a Sport-Hochsee-Schifferschein (SHS). With an entrepreneurial spirit, he has founded over 40 companies in various sectors, including start-ups.

Particularly noteworthy is the successful development of a banking app, which was later successfully sold to the German Sparkassenverbund, Germany's largest bank.

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Michelangelo Mazzoccola

In the intricate tapestry of global business, individuals like Michelangelo Mazzoccola stand out as examples not only of cultural fluency, entrepreneurial skill and adaptability to new technologies, but also of the profound influence of multicultural roots on their journey.

Michelangelo's odyssey began in Germany, where he grew up amid a convergence of Italian and Spanish heritage, a rich blend that would shape his identity and define his approach to life and business.

His upbringing was enriched by the traditions of a school based on the principles of humanistic education and with a heritage spanning more than 450 years, where he imbibed not only knowledge but also a deep appreciation of timeless values that would later inform his professional endeavours.

Within these venerable walls, Michelangelo's multicultural roots found fertile ground, fostering a nuanced understanding of diversity, empathy and the interconnectedness of the human experience.

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    Taking his educational journey beyond borders, Michelangelo pursued a Bachelor's degree in Business Administration at EWA, the European Business Academy in Madrid, Spain. Here, amidst the vibrant tapestry of Spanish culture, he immersed himself in the intricacies of international business practices, laying the foundation for his future endeavours.

    His thirst for knowledge led him to further enrich his educational experience in Stuttgart, Germany, where he deepened his understanding of global business within the context of his multicultural upbringing.

    Armed with a solid foundation in both humanistic education and business administration, Michelangelo began his professional career with the pharmaceutical giant Schering. He took on the role of Head of International Purchasing. For three years he skilfully navigated the complexities of global sourcing, negotiating contracts, managing supplier relationships and optimising supply chain processes.

    During this time, Michelangelo's adaptability shone through as he embraced new technologies to streamline operations and increase efficiency.

    Driven by an entrepreneurial spirit honed by his multicultural background, Michelangelo ventured into self-employment, establishing businesses in a variety of sectors over the past 25 years. From property development to international trading and the food industry, each venture has been a synthesis of his cultural heritage, business acumen and technological prowess. His ability to bridge cultures, adapt to change and harness new technologies became invaluable assets that enabled him to stay ahead in a constantly evolving business landscape.

    Today, Michelangelo Mazzoccola is a testament to the enduring influence of multicultural roots combined with adaptability to technological advances. His journey is a reminder that true success transcends borders and is rooted in the seamless integration of tradition, innovation and global connectivity. It is this wealth of experience that has led him to participate in a team project aimed at developing a sustainable financial system for Africa.

    This project pursues to connect various African countries to the rest of the world through state-of-the-art technology, using the team's expertise to drive positive change and economic growth on the continent. Its aim is to enable a large number of citizens to have easy access to online tools to carry out all their financial transactions, including cryptocurrencies.

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