Our Funding Partners

A key advocate for Africa’s digital financial inclusion

ADFI brings together a formidable partnership of the African Development Bank, together with key strategic, implementing and funding partners, without which none of our work would be possible.

The African Development, in partnership with the Bill and Melinda Gates Foundation (BMGF), Agence Française de Développement (AFD) and the Ministry of Finance, Government of Luxembourg, launched the Africa Digital Financial Inclusion Facility (ADFI) in 2019. The Ministry of Economics, Finance and Industrial and Digital Sovereignty, France, the Women Entrepreneurs Finance Initiative (We-Fi) and the Ministry of Finance, India joined in 2020, 2022 and 2023 respectively. The initiative is hosted and managed by the African Development Bank.

The ADFI Facility has a blended financing structure comprising grants and concessional loans from a multi-donor fund and debt financing from the African Development Bank’s normal lending operations. 

Working in partnership to accelerate financial inclusion in Africa

The need for a collaborative approach is stronger than ever to effectively harness the potential of digital financial solutions to support greater inclusion, resilience and growth. The ADFI partnership is working to scale up efforts to help meet the rising demand for digital financial solutions in Africa, especially in light of persistent and emerging issues, and is seeking to expand and deepen partnerships and networks to achieve this goal.

Partnership to the multi-donor fund is open - we look forward to expanding and deepening the collaborative effort and shared vision of scaling up investment in digital financial solutions across Africa that are inclusive and sustainable.

 

Want to help ADFI transform Africa's digital financial services to be more inclusive?

Upscaling inclusive innovation is only possible with the generous and continued support of our funding partners. Continued and additional support is needed to accelerate change and ensure that digital financial services reach the last mile. We are actively seeking new funding partners in a bid to increase our funding base and reach our initial target envelope of USD 100 million.

Interested in getting involved? Learn more about our work and get in touch with us to discuss opportunities.