AFDB GRANTS $525,000 FOR FINTECH HUB


The African Development Bank (AfDB) is dishing out a $525,000 grant to support the Africa Fintech Network (AFN) in building a digital hub for fintech founders across the continent. 

What kind of a digital hub?

The hub is an online portal where fintech associations across Africa can exchange knowledge, strengthen relationships, and show off their incredible innovations and achievements. The AFN digital hub aims to boost competitiveness and innovation in the African fintech sector and, consequently, bridge the financial inclusion gap in Africa.

The Africa Digital Financial Inclusion Facility reports that it expects the hub’s knowledge repository to be actively used by about 33 associations of fintech founders and investors across Africa.

TC DAILY