Thursday
July 30
2020

UK Government Aims Fintech Industry at Africa

By Karl Flinders

The UK government is piloting a programme that will link tech communities in the UK and Africa to accelerate the adoption of financial services and create a platform for future trading.

If successful, the Department for International Trade (DIT) programme, known as Tech for Growth, will be expanded to countries in South East Asia and Latin America.

In the first 12 months, a UK-Africa Tech for Growth community will be set up to help increase access to financial services to the unbanked in Africa, with partnerships between British and African tech and finance firms promoted.

Photo courtesy of Simon Berry.

Source: ComputerWeekly (link opens in a new window)

Categories
Finance, Technology
Tags
digital finance, economic development, emerging markets, financial inclusion, financial services, fintech, unbanked