Menu
Discover the latest research projects currently underway at the Applied Fintech Research Lab for Africa (AFReLA),
The project utilizes the Delphi method to analyze Morocco’s Fintech sector, engaging a panel of 46 experts from diverse backgrounds—including investors, accelerators, academia, and banking. Through a structured three-phase process, the project refined a comprehensive list of sector-specific challenges and potential strategic actions. It streamlined the initial broad set of considerations into a focused agenda, aimed at guiding policymakers and industry stakeholders in promoting the sector’s growth.
Africa’s financial sector has been transformed by fintech, supported by policies and investments, leading to innovative solutions like mobile payments that promote financial inclusion, with media coverage crucial in encouraging this growth. However, research on media representation of African fintech is limited. This study analyzes a decade of news coverage to understand media narratives and their impact on fintech’s role in Africa’s economic advancement.
This research project investigates the intersection of fintech and frugal innovation in emerging economies, focusing on how cost-effective, accessible innovations can enhance financial inclusion in resource-constrained environments. The study examines three case studies—BIMA (micro-insurance in Ghana), Oye (insurance for motorcycle taxi drivers in Kenya), and Farmdrive (credit access for smallholder farmers in Kenya)—to illustrate how these companies use mobile technology and network theory to serve underserved populations. The research highlights the broader implications of these frugal innovations, emphasizing their potential to promote financial inclusion.
In collaboration with IWAZOLAB
Africa’s Fintech revolution offers unprecedented financial opportunities, yet a persistent literacy gap hinders its full potential. This research project proposes Finlingo, a conversational AI designed to enhance digital financial literacy in Africa. Leveraging artificial intelligence and natural language processing, Finlingo aims to provide accurate, contextually relevant responses to financial queries, addressing issues from basic concepts to complex products. By offering personalized, accessible financial education, this innovative solution seeks to bridge the gap between financial knowledge and effective decision-making, contributing to financial inclusion across Africa.
For inquiries about collaboration or speaking engagements related to this research on fintech in Africa, please reach out for further information.
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.
We never send you spam, we give you a great chance. You can unsubscribe anytime