AfDB and Visa Forge Alliance to Expand Digital Access and Cybersecurity in Africa
The partnership aims to enhance the affordability of mobile devices, computers and POS machines, expand access to secure digital identity solutions, and strengthen cybersecurity within the continent.
The African Development Bank and Visa have formalized their cooperation to transform the African digital ecosystem. The partnership aims to enhance the affordability of mobile devices, computers and POS machines, expand access to secure digital identity solutions, and strengthen cybersecurity within the continent.
Officialized at the recent African Development Bank’s Annual Meetings in Abidjan, Cote d’Ivoire, the collaboration will support the creation of an affordable device mechanism, bridging the gap between usage and connectivity of internet and getting digital solutions closer to citizens.
The collaboration will also focus on driving broader digital inclusion by expanding access to secure and scalable digital identity solutions, increasing the adoption of digital payment technologies, and strengthening cybersecurity across the financial ecosystem.
“We are thrilled to partner with the African Development Bank to drive digital transformation across Africa. This collaboration aligns with our mission to enable individuals, businesses, and economies to thrive by connecting them digitally. Through these initiatives, we will further our efforts in bridging the digital divide, enhancing financial inclusion, and building a secure digital ecosystem for all Africans.”
–Ismahill Diaby, Vice President and Head of Western and Central Francophone & Lusophone Africa, Visa.
By combining the Bank’s extensive regional knowledge with Visa’s global expertise in cybersecurity and digital payments, the collaboration will enhance access to digital financial services, strengthen cybersecurity frameworks, and drive financial inclusion for millions across the continent.
“Africa’s digital future hinges on inclusive access to affordable devices and secure digital identities. By empowering citizens with the tools and credentials they need, we unlock opportunities for entrepreneurship, education, and financial inclusion for millions across the continent.”
–Solomon Quaynor, Vice President for Private Sector, Infrastructure & Industrialization, African Development Bank.
