Fintech: A key to COVID-19 recovery in Africa?

Fintech: A key to COVID-19 recovery in Africa?

Fintech: A key to COVID-19 recovery in Africa?

With Africa set to receive $50 billion USD towards economic recovery over the next 15 months, primarily from the World Bank, the way the market will respond is subject to much debate. One point that is not up for discussion as it enjoys universal acknowledgement: SMEs are the key in facilitating recovery. The role of fintech is defined as providing critical access to financial services, through digital payments and increased access to funding options. Read more to hear about how Fintech can be deployed in the African context to help the continent’s economic recovery.

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