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By Grace Ashiru
The African Development Bank (AfDB) has given the Africa Fintech Network (AFN) a US$525,000 grant to help it build a digital hub for fintech companies all over the continent.
The AFN digital center, developed with Cenfri’s assistance, is intended to boost Africa’s fintech ecosystem and make the industry more competitive.
Director-general of the AfDB Nigeria country department, Lamin Barrow said that the grant, paid for by the Africa Digital Financial Inclusion Facility (ADFI), will help close the financial inclusion gap in Africa by giving people easy-to-use digital financial solutions.
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