Thursday
October 18
2018

IFC and Alipay Announce 10×1000 Tech for Inclusion Programme to Inspire Technology Leaders in Emerging Markets

International Financial Corporation (“IFC”), a member of the World Bank Group, and Ant Financial Services Group (“Ant Financial”), the world’s leading tech company and the operator of Alipay, jointly announced the 10×1000 Tech for Inclusion programme at the 2018 Annual Meetings of the International Monetary Fund and the World Bank Group.

The initiative will include a comprehensive programme that embraces interactivity and the exchange of ideas to provide training to 10,000 tech experts in emerging markets from both public and private sectors over the next 10 years.

Alibaba Group founder and Executive Chairman Jack Ma said that the programme aims to build an interactive and open platform to increase support for tech leaders and skilled individuals who are working to alleviate poverty and make basic financial services more broadly accessible in Indonesia, which will be the first stop of the programme within emerging markets.

Photo courtesy of Jaume Escofet.

Source: Press release (link opens in a new window)

Categories
Finance, Technology
Tags
emerging markets, financial inclusion, financial services, fintech, mobile money, poverty alleviation