The Africa Fintech Network (AFN) and Cenfri are pleased to announce the signing of their new Memorandum of Understanding. This MoU underlines the shared interest of AFN and Cenfri in developing and strengthening fintech across the continent and describes the practical support that we will give each other.
AFN is the continent-wide platform that unites African fintech leaders, organisations and stakeholders. The AFN network consists of national fintech associations that represent all fintechs in their jurisdictions. AFN is actively involved in establishing fintech associations across the continent, and convenes to exchange information and ideas, share opportunities, and advocate for key issues facing the industry.
Such support activities are of critical importance for the relatively young fintech industry,which previously lacked a collaborative and united platform. The AFN better positions African fintechsfor pioneering growth. Collaboration gives rise to greater innovation; sharing of information enables the industry as whole to become more transparent, with opportunities for growth distributed more equally; and a strong collective voice enables the industry to more effectively advocate for appropriate enabling environments, including regulation. Through pursuing a collective for African fintechs, AFN encourages the industry to follow its ambition to “Innovate together – Advance as one”.Cenfri supports this industry movement, as a more flourishing fintech ecosystem in Africa will ultimately enable more inclusive development and financial inclusion.
Dr Segun Aina, President of the Africa Fintech Network, comments: “The digital evolution of the African continent couldn’t have come at a better time than it is. This is why the AFN in its commitment to promote innovative technologies and deployment to connect Africa with the global community for open dialogue is excited to collaborate with Cenfri as strategic partners to drive creativity and innovation aimed at proffering timely, tested, affordable and indigenous solutions to Africa’s peculiar real-world challenges.”
Doubell Chamberlain, Managing Director of Cenfri, comments: “The African continent and economy is digitising rapidly, and this opens up great opportunities for fintech to contribute to financial health and wellbeing. We believe in the importance of supporting local solutions for local problems and are thus committed to enabling the African fintech ecosystem to rise to this occasion. Through our partnership with the Africa Fintech Network, we’ll provide strategic insights and support to improve the functioning of the African fintech ecosystem overall.”
Cenfri endeavours to collaborate with AFN by:
providing strategic insight and support
generating joint thought leadership;
catalysing action for impactful regulatory and policy advocacy
The deep reach of AFN’s network of fintechs across the continent, both directly and through the national country associations, will enable both AFN and Cenfri to develop richer insights and expand the reach of their impactful work across the ecosystem. This builds on Cenfri’s existing commitments to supporting innovation ecosystems, through our ecosystem mapping efforts and the DataHack4FI.
Contact us for more information on Cenfri’s work in supporting fintech ecosystems.
Cenfri staff providing strategic support at the Africa Fintech Network annual member’s meeting – 4 November 2019 – Kampala, Uganda.
Fiacre Mushimire, Cenfri’s Policy Lead, answered some questions about the breadth of Cenfri’s work in...
Keep up to date with Cenfri News and Events
Sign up to our newsletter
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
The Africa Fintech Network (AFN) and Cenfri are pleased to announce the signing of their new Memorandum of Understanding. This MoU underlines the shared interest of AFN and Cenfri in developing and strengthening fintech across the continent and describes the practical support that we will give each other.
AFN is the continent-wide platform that unites African fintech leaders, organisations and stakeholders. The AFN network consists of national fintech associations that represent all fintechs in their jurisdictions. AFN is actively involved in establishing fintech associations across the continent, and convenes to exchange information and ideas, share opportunities, and advocate for key issues facing the industry.
Such support activities are of critical importance for the relatively young fintech industry, which previously lacked a collaborative and united platform. The AFN better positions African fintechs for pioneering growth. Collaboration gives rise to greater innovation; sharing of information enables the industry as whole to become more transparent, with opportunities for growth distributed more equally; and a strong collective voice enables the industry to more effectively advocate for appropriate enabling environments, including regulation. Through pursuing a collective for African fintechs, AFN encourages the industry to follow its ambition to “Innovate together – Advance as one”.Cenfri supports this industry movement, as a more flourishing fintech ecosystem in Africa will ultimately enable more inclusive development and financial inclusion.
Dr Segun Aina, President of the Africa Fintech Network, comments: “The digital evolution of the African continent couldn’t have come at a better time than it is. This is why the AFN in its commitment to promote innovative technologies and deployment to connect Africa with the global community for open dialogue is excited to collaborate with Cenfri as strategic partners to drive creativity and innovation aimed at proffering timely, tested, affordable and indigenous solutions to Africa’s peculiar real-world challenges.”
Doubell Chamberlain, Managing Director of Cenfri, comments: “The African continent and economy is digitising rapidly, and this opens up great opportunities for fintech to contribute to financial health and wellbeing. We believe in the importance of supporting local solutions for local problems and are thus committed to enabling the African fintech ecosystem to rise to this occasion. Through our partnership with the Africa Fintech Network, we’ll provide strategic insights and support to improve the functioning of the African fintech ecosystem overall.”
Cenfri endeavours to collaborate with AFN by:
The deep reach of AFN’s network of fintechs across the continent, both directly and through the national country associations, will enable both AFN and Cenfri to develop richer insights and expand the reach of their impactful work across the ecosystem. This builds on Cenfri’s existing commitments to supporting innovation ecosystems, through our ecosystem mapping efforts and the DataHack4FI.
Contact us for more information on Cenfri’s work in supporting fintech ecosystems.