Browsing: Africa’s fintech Accelerator Program

africa fintech
  • Rwanda and Kenya lead E. Africa in the list of most entrepreneurial countries in Africa.
  • All other five East African countries do not make Africa’s top 10 list.
  • Fintech remains the leader in entrepreneurship  growth in Africa.

Entrepreneurship is growing at a tremendous rate across Africa and is to date the most powerful catalyst for economic growth and creation of employment for youth.

According to the UN Assistant Secretary-General and Director of the UN Development Program Ahunna Eziakonwa, digital innovation is the leading enterprise in Africa.

Entrepreneurship, a solution to poverty

The diplomat also recognizes the diversity that Africa’s vastness offers numeurous opportunities but on the other hand creates new challenges to ‘creating universal solutions for issues such as poverty and food security, because each country has its own capacity for innovation.’

“I think one of the flaws in development practice in the past has been taking Africa almost as …

  • The Africa Fintech Accelerator program will remain open until August 25th, and the first cohort will debut in September. 
  • Plug and Play, the world’s leading innovative platform will partner with Visa to ensure the program’s success.
  • Visa committed to invest $1 billion in Africa by 2027.

Africa’s fintech Industry is the continent’s most rapidly growing economic activity. Its growth to fame has attracted plenty of investors and international organizations, each trying to promote the adoption of digital money globally. In recent news, Visa is accepting applications to its Africa Fintech Accelerator Program, urging blockchain-based and fintech startups to sign up.

Africa’s fintech accelerator program

To further the continent’s digital transformation, Visa took an active role in supporting Africa’s fintech industry. This global payment technology company has officially opened applications for the Africa Fintech Accelerator Program. The main aim of this endeavour is to revive the adoption rate of digital money …