The Absa Young Africa Works (YAWs) project is in partnership with Mastercard Foundation to fund and train 5,000 local businesses with the aim of creating 50,000 jobs in Ghana.The project achieves this through capacity building and innovative lending solutions with a strong focus on women-led, youth, Fintech and Agric businesses. The Absa Young Africa Works Fintech Grant, an aspect of the project, provides much-needed financial support to youth operating in the Fintech and Agritech environment to close the access to funding gap.
Fintech and Agritech businesses, including startups with promising business models, will be the key focus for this grant. It is expected that by the end of the project in 2025, 20 Fintech’s/Agritech’s will be supported through financing (unsecured loans totaling about US$2.4M) and a US$250,000 grant budget allocated to promote innovation and job creation in line with the Absa Young Africa Works Objective.
To apply visit Absa Young Africa Works Fintech Grant