This initiative aims to foster innovation, drive financial inclusion, and support the growth of the fintech ecosystem in the region. The fintech accelerator program, backed by Visa’s extensive industry expertise and resources, seeks to identify and nurture promising fintech startups across Africa.
The program will provide selected startups access to mentorship, networking opportunities, and tailored support to help them scale and develop innovative digital payment solutions. Africa’s fintech sector has been experiencing significant growth and attracting attention from investors and technology companies worldwide.
With its vast unbanked population and rising digital adoption, the continent presents immense opportunities for fintech innovation. Visa’s accelerator program is strategically positioned to tap into this potential and drive impactful change. The program will focus on supporting startups addressing key challenges in the financial services sector, including access to financial services, digital payments, and financial literacy.
BasiGo, a Kenyan electric mobility frontrunner, has inaugurated the country’s first dedicated assembly line for modern electric buses at the Kenya Vehicle Manufacturers (KVM) plant in Thika.
Mastercard and Women Choice announced the expansion of their existing partnership to further empower women entrepreneurs across Africa and the Middle East.
Treepz, a leading African corporate mobility startup, has achieved a significant milestone by successfully completing the continent’s first cross-border rental trip between Nigeria and Benin Republic.
© 2021 Empower Africa. All rights reserved.