Applied Fintech Research Lab for Africa

AFReLA, based at UQAR University, is a hub of academic research into the role of financial technologies in shaping Africa’s economic future, promoting sustainable progress across the continent.



Scope of reseach

The lab’s research scope is broad, encompassing empirical studies, theoretical frameworks, and policy analyses. The aim is to contribute to the academic discourse on Fintech in Africa while addressing practical challenges.

Fintech in Africa

The imperative
of Fintech in Africa

The financial gap

In Africa, financial exclusion isn’t merely a challenge; it’s a critical issue that affects millions. The World Bank estimates that nearly 350 million Africans are financially underserved, lacking access to basic banking services.

The Fintech revolution

The rapid technological adoption across Africa is not just a trend but a revolution that is reshaping the financial sector. Fintech solutions offer a unique opportunity to bridge the financial gap, providing services that are accessible, affordable, and tailored to local needs..


Research objectives

1/ Scholarly Publications

To enrich scholarly discourse through the publication of research findings through high-impact scholarly outlets.

2/ Socio-Economic Factors

To explore the economic, social, and cultural factors that influence the adoption and effectiveness of fintech solutions in Africa.

3/ Research Partnerships

To collaborate with academic institutions, financial organizations, and governmental bodies for interdisciplinary research projects.

4/ Educational Outreach

To develop and offer research-driven educational modules, training programs, and workshops.

Stay updated.

News and updates

Stay up-to-date with the latest news, publications, and events from AFReLA.

The Lab's location


AFReLA is directed by Hamid Nach, Ph.D  and is located at
UQAR,  1595 Alphonse-Desjardins. Lévis (Québec)  G6V 0A6, Canada.

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Legal Information for AFReLA

Terms of Use

Welcome to the Applied Fintech Research Lab for Africa (AFReLA) website. The following terms and conditions govern your use of our site and all content, services, and products available at or through the website. By accessing or using this site, you agree to these terms.

1. Content and Intellectual Property Rights

– The content on this website, including texts, graphics, logos, images, and software, is the property of AFReLA or its licensors and is protected under Canadian and international copyright and intellectual property laws.
– Reproduction, distribution, modification, or public display of website materials is strictly prohibited unless authorized in writing by AFReLA.

2. Use of Materials

– The materials provided on this site are for educational and research purposes. Use of these materials for commercial purposes without prior permission from AFReLA is not permitted.

3.  Disclaimer of Warranties

– The information on this website is provided for general information purposes only. AFReLA does not guarantee the accuracy, completeness, or usefulness of this information and disclaims all liability for reliance on such materials.

Privacy Policy

In compliance with the Personal Information Protection and Electronic Documents Act (PIPEDA), AFReLA is committed to protecting the privacy of its website users.

1. Information Collection and Use

– We collect personal information in various ways, including information provided directly by users. This information is used to improve our services, communicate updates, and respond to inquiries.
– We will not share your personal information with third parties except as required by law.

2. Data Security

– We employ measures to protect your personal information from unauthorized access, use, alteration, or disclosure. However, no internet-based site can be 100% secure and we cannot guarantee absolute security.

Legal Disclaimer

The information on the AFReLA website is provided “as is” for general information purposes. While we strive to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose.


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