The Prime Minister is making the case for the UK to be an ‘investment partner of choice’ for Africa at today’s summit.
Johnson praised the UK’s unique expertise and innovation in technology and finance.
The summit brings together 21 African countries and includes companies from the UK and Africa.
Alongside the summit, the Catalyst Fund has announced a new £12mn commitment from DIFD’s UK Aid to support FinTech.
What does this mean?
The Catalyst Fund is a FinTech accelerator which will support FinTech growth among 30 startups across Nigeria, Kenya, South Africa and other markets. Created in 2016 with support from JP Morgan and the Bill & Melinda Gates Foundation, Catalyst Fund has accelerated 25 FinTech startups so far.