To hasten financial inclusion in Africa, in line with its 2023 work programme, the African Development Bank () through the Africa Digital Financial Inclusion Facility (AFDI) is calling for project proposals that will foster greater access and use of digital financial solutions.
This AfDB initiative aims to eliminate obstacles to the development and application of digital financial solutions.
As a result, digital infrastructure, policy, and regulation, as well as goods and innovation with gender inclusion and capacity building, will serve as the facility’s three key pillars.
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The Call for Proposals will select viable and scalable digital financial solution (DFS) initiatives to promote access, quality, and usage of financial services as drivers of sustainable financial inclusion, particularly among the most vulnerable, including women, youth, and small businesses. The Call for Proposals is aligned with ADFI’s pillars of intervention and has the following two components:
Lot 1 targets the following countries: Algeria, Angola, Cameroon, Democratic Republic of Congo (DRC), Egypt, Guinea, Morocco, Nigeria, and Tanzania
Lot 2 targets regional initiatives
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Participating Evaluation Criteria includes;Project viability, Applicant’s expertise and track record in relation to the proposed project, Ability to scale and the potential impact of the project
Interested and eligible organizations are encouraged to apply using the email. submitted in French or English by 31st March 2023. The email subject should read: Call for Proposals-ADFI 2023 – Name of Country or Region.
Source: Nairametrics