African Development Bank

5 results about this entity

Period: 14 Jun 2019 - 27 Apr 2023

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Company announcement/startups

Africa Fintech Network receives $525,000 grant to build Fintech Hub

The African Development Bank has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal that will serve as a one-stop shop for all fintech activities in Africa.

27 April 2023

Company announcement/payments

Liberia gets ADF grant to upgrade payments infrastructure

The African Development Fund’s Board of Directors has approved $3.9 million grant to finance upgrade of Liberia's payments infrastructure and systems project.

21 March 2023

Company announcement/inclusion

African Development Fund signs $14.2 grant agreement for financial digitalisation initiative

The African Development Fund (ADF) and the government of Malawi have signed a grant agreement for $14.2 million to undertake infrastructure upgrades and create a more efficient and transparent digital payment system.

14 February 2022

Company announcement/inclusion

African Development Bank Group, MTN sign $500,000 grant to study women’s access to finance

The African Development Bank (AfDB.org) has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used for a study into economic, religious, and social factors hampering access to finance for women in northern Nigeria.

21 October 2021

News

African Development Bank creates fintech fund to boost financial inclusion

The African Development Bank has allocated £100 million in working capital and £300 million in debt financing to boost financial inclusion initiatives across the continent.

14 June 2019