Project: Microlead II
Grant Amount: $23.5 million
Country: Cameroon, Liberia, Malawi, Rwanda, Uganda, Tanzania, Ghana, Burundi, Burkina Faso, Benin
Build new institutions in six countries to increase access to financial services for 450,000 people, with an emphasis on savings.
Project: Mobile Money for the Poor (MM4P)
Grant Amount: $24.9 million
Country: Zambia, Senegal, Benin
Expand mobile and other channels to provide financial services to low-income clients in three Least Developed Countries, including Benin, Senegal, and Zambia.
Project: Digital Frontiers Institute (DFI)
Grant Amount: $1.2 million
Support the establishment of the Digital Frontiers Institute (DFI), which will provide online training to address the current capacity gap in digital financial services in order to accelerate the growth of digital finance in Africa.
Project: AgriFin Accelerate
Grant Amount: $24.7 million
Country: Kenya, Zambia, Tanzania
Expand access to finance for one million smallholder farmers through mobile channels.
Facilitate partnerships between providers of mobile financial services and agricultural services in Kenya, Tanzania, and Zambia.
Project: Mobile Money for the Unbanked (MMU) III
Grant Amount: $3.3 million
Promote best practices to enable mobile money operators to meet the needs of the unbanked in Africa.
Overcome specific barriers inhibiting client uptake and usage of mobile money services.
Project: Technology Program and Client Research
Grant Amount: $11.4 million
Country: Pan-African, Global
Expand branchless banking in West Africa to reach one million clients.
Develop new branchless banking products to reach 500,000 clients.
Generate client insights to foster more effective products that meet the needs of the poor.
Project: Gateway Academy
Grant Amount: $9.9 million
Develop an e-learning platform and partner with leading content providers.
Provide financial inclusion professionals with access to high-quality, cost-effective training.
Project: Client Centricity and Technology
Grant Amount: $5.8 million
Increase the number of African financial service providers that have client-centric practices that effectively leverage technology.
Replicate proven technology solutions that improve the usage of services in Africa.
Strengthen regulator capacity to promote and supervise responsible financial inclusion.
Project: Learning Partner: Next-Generation Financial Services
Grant Amount: $8.5 million
Develop evidence and measure progress across digital and technology-related financial inclusion projects through partnership with Next-Generation Financial Services (NGFS).
Project: Financial Inclusion on Business Runways (FIBR)
Grant Amount: $8.7 million
Country: Tanzania, Ghana
Demonstrate that small businesses can effectively offer financial services that advance access to and regular usage of financial services by 5,000 people living in poverty in Africa.
Project: Smart Campaign III
Grant Amount: $4.4 million
Improve client protection in the microfinance industry, and help to de-emphasize certification and promote the local recognition of Client Protection Principles with a broader financial inclusion lens.
Project: VentureLabs: Knowledge and Advisory for Early Stage Innovators
Grant Amount: $3.7 million
Identify and support the expansion of nine existing fintech companies in Africa and create at least two new companies in frontier markets like Nigeria and Ghana through the Accion Venture Lab.
Provide companies with technical assistance and ongoing financial and management support.
Project: Expanding Agricultural Finance in Rwanda
Grant Amount: $11.5 million
Increase access to and usage of financial services for 352,500 agricultural entrepreneurs.
Test innovative digital and agent banking channels that can facilitate low-cost distribution of financial services nationally.