How it works

  • The Agri-tech and Fintech support programme is a key component of the Absa Young Africa Works Project, designed to provide much needed financial support to individuals operating in the Fintech and Agri-tech environment to bridge the existing gap in accessing funding. The project will support each selected Fintech/Agri-tech with up to GHS50,000 grant to promote innovation and job creation.

  • The Absa Young Africa Works (YAW) project is in partnership with Mastercard Foundation to fund and train 5,000 local businesses with the aim of creating 50,000 jobs in Ghana. The Absa Young Africa Works Fintech Grant, an aspect of the project, provides much-needed financial support to youth operating in the Fintech and Agritech environment to close the access to funding gap.

  • Fintech and Agritech businesses, including startups with promising business models, will be the key focus for this grant. It is expected that by the end of the project in 2025, 20 Fintechs/Agritechs will be supported through financing (unsecured loans totaling about US$2.4 million) and a US$250,000 grant budget allocated to promote innovation and job creation in line with the Absa Young Africa Works objective.

Qualifying criteria for a grant

  • The business must be registered
  • Must be a Fintech/Agritech in the ideation stage or an SME looking to introduce digitalisation into their business operations
  • All Fintech/Agritech businesses must have owners younger than age of 36
  • Must have a functioning team
  • Must pass all regulatory checks
  • Must be willing to open a business account with Absa Bank Ghana LTD
  • Must have the potential to create jobs
  • Must be willing to undergo a training programme
  • More advantage will be given to women-led Fintechs and people with disabilities (PWDs)
How to contact us
Absa cards
Need more help?

Call us on:
+233 (30) 242 9150 (network charges apply)
0800 222 333 (MTN and Vodafone customers)

Email us: 
customerexperience.gh@absa.africa