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Absa launches 2nd phase of Fintech, Agritech Support Programme

Accra, July 11, GNA – Absa Bank Ghana Limited in partnership with Mastercard Foundation Thursday launched the second phase of the Absa Fintech and Agritech Support Programme.

The programme will benefit ten agritech and fintech startups with a total grant of GH ¢ 1 million to help them deal with the technical, operational, and financial challenges faced in those sectors and to contribute to economic growth in the country.

Speaking at the launch in Accra, Mrs Audrey Abakah, Director, SME, Agency Banking and Partnerships, Absa, said the beneficiaries would receive capacity building from Meltwater Entrepreneurial School of Technology (MEST) Africa, to equip them with relevant entrepreneurial skills to help them utilise the money for its intended purposes and to leverage the knowledge to grow their businesses.

She encouraged innovative and technologically driven startups, especially women-owned fintech and agritech businesses as well as persons with disability to apply for the programme.

Mrs Abakah noted that the first phase of the grant programme was launched in November 2022, where ten exceptional businesses were awarded a total grant of GH¢ 2 million, with each beneficiary receiving up to GH ¢ 250,000.

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