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Africa Digital Financial Inclusion Facility (ADFI)

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.

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ADFI Structure

ADFI is structured as a blended finance vehicle composed of a multi-donor special fund with a target envelope of USD 100 million and resourced with donor’s grant money and debt funding of up to USD 300 million from the African Development Bank. ADFI currently has committed funding of USD forty (40) million from three (3) initial donors namely; The Bill and Melinda Gates Foundation (BMGF), The Government of Luxembourg and Agence Française de Développement. Read More

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.

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Frequently Asked Questions (FAQs) about ADFI

  • What is financial inclusion?
  • What is digital financial inclusion?
  • What is the status of financial inclusion in Africa?
  • ...

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For more information, write to us at :adfi@afdb.org