AFRICA DIGITAL FINANCIAL INCLUSION INITIATIVE (ADFI) BROCHURE
Strong mandate to advocate for digital financial solutions in Africa
Launched in 2019, the facility is on a mission to support building modern financial systems that include and empower all Africans, especially women.
The Africa Digital Financial Inclusion Facility (ADFI) was launched in 2019 by the African Development Bank in partnership with the Bill and Melinda Gates Foundation (BMGF), the French Development Agency (AFD), the Ministry of Finance, Government of Luxembourg, joined by the Ministry of Economy and Finance, France, the Women's Enterprise Finance Initiative (We-Fi) and the Ministry of Finance, India in 2020, 2022 and 2023 respectively.
Through catalytic and strategic investments in digital financial services throughout Africa, ADFI seeks to break down barriers to the growth and uptake of digital financial solutions to accelerate financial inclusion in general and reduce the gender gap in financial inclusion in particular. The facility intervenes across three main pillars: (i) digital infrastructure (ii) policy and regulation and (iii) products and innovation with gender inclusion and capacity building as cross-cutting themes.
Working under a robust governance structure with oversight from partners and technical experts from the African Development Bank and key stakeholders. ADFI brings together a formidable partnership of the African Development Bank, together with key strategic, implementing and funding partners.