Browsing: fintech associations

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  • The hub is a digital platform that will enable fintech associations across Africa to pool resources and knowledge, strengthen relationships and partnerships, as well as showcase the work of fintech on the continent, including those which are female-led or owned.
  • The one-stop shop will be delivered through a strategic partnership between AFN and the Centre for Financial Regulation and Inclusion (Cenfri), which will provide technical support in the development of the Hub, as well as promote research, knowledge creation and other innovative initiatives.
  • Although fintechs have great potential to contribute to digital financial inclusion across the continent, the African fintech sector significantly lags behind those in other regions such as Latin America and South-East Asia.

Financial Technology (Fintech) firms in Africa are set for a major boost as the African Development Bank (AfDB) and the Africa Fintech Network agreed to develop a one-stop shop for all fintech activities across the