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AfDB s Board Approves $1 024 Million Grant for 3 African Countries

AfDB’s Board Approves $1.024 Million Grant for 3 African Countries AfDB’s Board Approves $1.024 Million Grant for 3 African Countries African Development Bank’s (AfDB) Board of Directors has approved a grant of $1.024 million for artificial intelligence enabled systems to process customer complaints on behalf of the national banks of Ghana and Rwanda and the Competition and Consumer Protection Commission of Zambia. The grant resources are from the special fund of the Africa Digital Financial Inclusion Facility (ADFI), a financing vehicle to accelerate digital financial inclusion across Africa. ADFI is a pan-African instrument designed to accelerate digital financial inclusion throughout Africa, with the goal of ensuring that an additional 332 million Africans (60% of them women) have access to the formal economy.

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