About
AIFA is an autonomous organization, focused on building a cohesive business network to support an inclusive and collaborative Africa and India Fintech ecosystem. The alliance will work towards strengthening the Fintech ecosystem across the African Union and develop the growth of Fintech and financial services opportunities amongst India and Africa.
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The AIFA is a global fintech- stakeholder-led initiative with a unified vision and long-term goal for creating industry synergies to foster Fintech ecosystem growth in Africa. The Alliance will play a key role in encouraging the mature Indian fintech industry landscape, VC ecosystem, and technology sector to catalyze the African fintech sector and help the sector to reach global standards, diversify, foster a robust fintech start-up ecosystem, and achieve technological innovation in the financial services industry.
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The alliance will utilize its position to promote collaboration between leading companies, investors, and government entities across Africa and India. It will also act as a dedicated platform for initiating mergers, acquisitions, policy standards, and investment opportunities.
Core objectives
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To increase visibility of the African fintech ecosystem and initiate collaborations, investments and diversification through Indian industry and global industry interventions.
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To identify and unlock impediments in the materialization of the full potential of the African fintech industry
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To foster collaborations, mergers and recommend key stakeholders, VCs, PEs and technology experts and the pan continental financial services business communities to achieve and meet shared growth goals
What do we do?
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Provide a top-level vision for Africa and India’s fintech ecosystem to synergize for financial services transition, to deliver an ambitious and absolute financial inclusion program and mitigate challenges hampering large scale fintech adoption in Africa
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Co-ordinate, and facilitate studies, research, partnerships for seamless connectivity, mobile adoption, fintech proliferation and support further development of the fintech industry
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Build a collaborative platform which will complement free flow of ideas, capital, investments, technology and innovations between key regional partners, start-ups in India and Africa
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Work alongside a strong PE & VC community in India and Africa, with the understanding that a democratized financial economy in Africa needs large scale investments and funding
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Creation of dialogue platforms and opportunities for the Africa and Indian Fintech industry ecosystem which will be focused on technology and innovation driven advocacy; enabling evidence-based policy exchange; networking opportunities between investors and high growth fintech and allied companies
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