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Improving digital payment systems in Africa

ADFI Background

Africa Digital Financial Inclusion Facility (ADFI) is a new innovative financing vehicle designed to accelerate digital financial inclusion across Africa, with a goal of ensuring 332 million more Africans, of which, 60% are women, have access to the formal economy.

How ADFI will work

ADFI will intervene along four key pillars aimed at scaling innovative digital financial inclusion and increased integration throughout the continent. This will include infrastructure, including payment systems development and payment systems interoperability; digital products and innovation; policy and regulatory reform and harmonisation; and capacity building.

Organization

We look to the future

By 2030, the ADFI fund and the Bank will deploy up to USD 400 million in the form of grants and loans to scale up digital financial services to various entities including banks and non-bank financial institutions, mobile network operators, remittance and payment service providers, FinTech companies, government ministries, regulatory bodies and regional economic organizations.

History

Organization

Travis Carter
Secretariat
Eugene J Wyatt
Secretariat
Lawrence Meyers
Secretariat
Robert Moore
Secretariat
Yarbrough L Moore
Secretariat
Floyd Perry
Secretariat
Joseph Rue
Secretariat
Tate Rue
Secretariat

About us quote

Africa Digital Financial Inclusion Facility (ADFI) is a financing vehicle designed to accelerate digital financial inclusion across Africa, with a goal of ensuring 332 million more Africans, of which, 60% are women, have access to the formal economy.

ADFI Background
Connect with ADFI
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