Inclusive FinTechs in Francophone Africa: Mali country report
by MSC
Jul 23, 2020
1 min
Mali is a frontier market for FinTechs. The ecosystem comprises 18 FinTechs, 11 enablers funding partners.
The Malian Government understands the need to strengthen the entrepreneurship ecosystem. It is in the process of creating policies to utilize digital solutions. This will require investment in skills, education, and support of the startup sector backed with strong mentors.
The key success factors required for FinTechs in Mali to stimulate financial inclusion are to build skillsets of entrepreneurs and strengthen BDS support for FinTechs. Financial inclusion can increase with FinTechs through partnerships with universities, by enhancing the capacity of incubators, and by enacting effective regulation.
Link to the French report: #
Written by
MSC
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