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African Development Bank starts fund to support mobile money systems

Thursday 13 June 2019 | 17:00 CET | News
The African Development Bank and its partners launched the Africa Digital Financial Inclusion Facility (ADFI), designed to aid safety and expansion of digital financial transactions in Africa. The fund is supported by the Bill & Melinda Gates Foundation, the Agence Française de Developpement and the government of Luxembourg as initial contributors. The aim is to ensure that at least 320 million more Africans, of which nearly 60 percent are women, have access to digital financial services.

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Categories: Mobile & Wireless
Countries: Africa
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