CATAPULT: Inclusion Africa 2021

CATAPULT: Inclusion Africa 2021

19/05/2021 - 28/05/2021
Location: Online
Organiser: LHoFT
Event type: Training

CATAPULT: Inclusion Africa is a series of Fintech for Financial Inclusion development programs produced by the LHoFT Foundation  

Catapult has been developed in collaboration with the Ministry of Foreign and European Affairs’ Directorate for Development Cooperation and Humanitarian Affairs, and is supported by key strategic partners such as ADA, InFiNe.lu, LuxFlag, LMDF and more.

The program will take place digitally from May 19^th to 28^th, with applications closing on April 30^th.

As one of the leading financial centre in the Eurozone, the largest centre for microfinance in the EU, and recognised as one of the most innovative countries in the EU, Luxembourg is the ultimate European destination for Fintech to thrive. Catapult: Inclusion Africa 2021 is designed to push ventures to new heights, enabling the Fintech companies to grow, develop, connect and secure funding, while creating an impact for the better good.

Catapult: Inclusion Africa 2021 is the 3rd edition of the program, funded by Luxembourg’s Directorate for Development Cooperation and Humanitarian Affairs. Based on the belief that entrepreneurship and financial services can improve lives around the world, the program, technology agnostic, targets Fintech companies focusing on financial inclusion in Africa, building bridges between Africa and Europe, and is very much aligned with the sustainability goals of Luxembourg’s finance centre.

The program aims to support fifteen game-changing inclusive finance ventures with venture development, growth and investment readiness training, plus access to mentors and investment with knowledge of doing business in Africa.

After two bootcamps, Catapult: Inclusion Africa now includes an active community of 24 Alumni companies, half of which have raised funds or concluded major strategic partnerships following the program.

Franz Fayot, Minister of the Economy and Minister for Development Cooperation and Humanitarian Affairs stated: “The program builds upon the success of Catapult: Inclusion Africa, a program enabling African start-ups to liaise with Luxembourg players in order to align common sustainability goals and promote financial inclusion.”

Nasir Zubairi, CEO of the LHoFT Foundation commented: “Luxembourg is a global leader in financial services and an international hub for microfinance and development. As the LHoFT, we act to drive innovation in financial services to ensure it best meets the needs of tomorrow. Catapult: Inclusion Africa is a core pillar in our strategy, bringing together inspiring entrepreneurs committed to developing the financial services of tomorrow, creating social change and delivering real impact. We are immensely grateful to all of our partners, for their amazing support in making these programs a reality.”

For more information check the website.