African Development Bank collaborates with Africa Fintech Network on a $525,000 grant for African fintech.


The African Development Bank and AFRICA Fintech Network have signed a partnership agreement for a $525,000 grant to set up the Africa Fintech Hub (

This online portal will be a one-stop shop for all fintech activities in Africa.

The Africa Digital Financial Inclusion Facility (ADFI) will give the Africa Fintech Network money and technical help so it can host and run the African Fintech Hub. The Hub is a digital platform that will allow fintech associations across Africa to share resources and information, improve relationships and partnerships, and show off the work of fintech on the continent, including companies that are led or owned by women. 

The African Fintech Hub will be run by a strategic partnership between AFN and the Centre for Financial Regulation and Inclusion (Cenfri). Cenfri will provide technical support for the Hub’s growth and promote research, knowledge creation, and other innovative projects.

Director General of the Nigeria Country Department of the African Development Bank, Lamin Barrow, emphasized how important it was for…

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