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NEWS: ADFI approves grants of over USD 2 million for 3 projects to strengthen digital financial inclusion across the continent

Abidjan 22 December, 2022: The African Development Bank, through the Africa Digital Financial Inclusion facility (ADFI), signs grant agreements for over $2 million to contribute to economic growth and resilience through innovative digital financial solutions.

In December 2022, the Africa Digital Financial Inclusion Facility (ADFI) signed three agreements to further greater digital financial inclusion in Africa through the harmonisation of payment systems and gender sensitive digital financial policies and regulations in West Africa, capacity building among Africa’s fintechs and strengthening of microfinance institutions in Chad for greater economic empowerment of women and youth.

“The African Development Bank, through the Africa Digital Financial Inclusion Facility (ADFI), is delighted to support these initiatives with the potential to help unlock greater economic growth and resilience across the continent through digital financial infrastructure, enabling regulatory environments and innovative digital financial solutions, increasing gender inclusion and building capacity across our stakeholders,” said Sheila Okiro, ADFI Coordinator.

Contacts:

Africa Digital Financial Inclusion facility (ADFI):

Louise Simpson | Communications, Knowledge Management & Advocacy Consultant, ADFI | email: [email protected]

 

 

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