Updates
22 April 2021
Updates
22 April 2021
Accelerating Financial Inclusion
The Africa Digital Financial Inclusion Facility (ADFI) accelerates financial inclusion by investing in the expansion of digital financial services across Africa. By 2030, ADFI will deploy $400 million in grants and loans with the goal of ensuring 332 million more Africans - of which 60% are women, have access to finance.
ADFI has committed to ensuring 60% of all projects across our four pillars will be gender-intentional
Gender-intentional
News
06 May 2021
Africa’s digital payments race becomes a scramble
The prospect of a cashless Africa has triggered a scramble for control of its payments plumbing. The continent’s top telecoms operators have become big financial players thanks to their “mobile money” networks, which provide
News
22 April 2021
Three steps towards more resilient and inclusive post-COVID-19 economies
PUBLISHED: THU, 08 APR 2021 12:43:06 GMT Rodger Voorhies CNBC Africa In the year since COVID-19 hit, economies across Africa have experienced a dramatic slowdown. Even countries with limited initial incidence of the virus
Blog
22 April 2021
Building a digital future in Africa
Building a Digital Future for Africa M-Pesa was a spark that helped set off the global fintech revolution. By demonstrating that mass market financial services could be provided in a different way, by a different kind of
News
10 March 2021
ADFI provides $1 million for AI-based national customer management systems in Ghana, Rwanda and Zambia
The Board of Directors of the African Development Bank has approved a grant of $1.024 million for artificial intelligence enabled systems to process customer complaints on behalf of the national banks of Ghana and Rwanda and
News
10 March 2021
ADFI approves $2.33 million grant to support the modernization of electronic payments infrastructure
The Board of Directors of the African Development Bank has approved a grant of $2.33 million to EthSwitch Share Company, an initiative led by National Bank of Ethiopia, for the modernization of its payments infrastructure
News
10 March 2021
ADFI approves grants worth $1.3 million for two research efforts to enhance women’s digital access to loans and micro-insurance
The African Development Bank has approved two grants for research that will increase African women’s access to a range of digital financial services including loans and micro-insurance. The grants, for $1 million and $300,000
News
09 March 2021
ADFI extends a grant of $2 million to strengthen cybersecurity and boost financial inclusion in Africa
The Board of Directors of the African Development Bank has awarded a $2 million grant to establish the African Cybersecurity Resource Center (ACRC) for Financial Inclusion to tackle cybercrime across Africa and to strengthen
News
03 March 2021
ADFI provides $320,000 in grant funding to mainstream gender in ECOWAS’ digital financial operations
The African Development Bank has awarded a grant of $320,535 to the West African Monetary Agency to mainstream gender in ECOWAS’ core digital financial services (DFS) regulatory frameworks. The funds will support a gender gap
Blog
22 September 2020
How Ghana’s New Digital Finance Policy Can Drive Women’s Inclusion
Ghana made waves earlier this year when it launched the world’s first digital financial services (DFS) policy, building on the past five years of explosive DFS growth in the country. Among the policy’s goals is to ensure that
News
18 September 2020
Agricultural innovation with digital solutions increase smallholder yields in Africa
APA 16 Sep - To accelerate growth of digital agricultural solutions, experts called for the need for sound national strategies including the creation of an enabling policy and regulatory environment to support adoption of
ADFI Projects
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