According to bank provided information, the envelope aims to provide financing to a still-to-be-defined number of financial institutions across countries in Africa, Caribbean and Pacific (ACP) regions, for the implementation of their IT developments. It will finance IT related projects which could notably include the Research, Development and Innovation and implementation of IT systems in the field of mobile services, digitalisation, process optimisation, business model evolution, regulatory requirements and cyber-security protection.
The project objective is to support the digitalisation financial intermediaries in ACP countries, mostly in in Sub-Saharan Africa.
*Contact information not provided at the time of disclosure*
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