Accountability Report 2023: G7 Partnership for Women's Digital Financial Inclusion in Africa
The Africa Digital Financial Inclusion Facility (ADFI) is proud to support the #G7 Partnership for Women’s DFI in Africa in catalyzing inclusive DFS through gender-intentional development of infrastructure, policies, regulations, & innovative product development.
ADFI has leveraged the strength of the African Development Bank (AfDB) and institutional partners to finance DFS projects across Africa, with a principal focus on DFS-related infrastructure projects to address systemic barriers to the growth and uptake of digital financial services. The addition of the Women Entrepreneurs Finance Initiative (We-Fi) supported programme to ADFI’s portfolio builds on their work to bridge the gender gap in financial inclusion and increase women’s engagement in the formal economy by using technology and data to accelerate their access to finance.
The next year of G7P implementation provides an opportunity for ADFI to leverage the partnership to strengthen investments across its portfolio. Future analysis and sharing of learning and expertise from investments in digital financial solutions aims to support greater digital financial inclusion across the continent and could also greatly inform other G7P partner initiatives. As ADFI-funded projects continue to mature, their capacity to assess gaps and opportunities within the digital financial sector will continue to expand.