The Arab Financial Inclusion Innovation Prize (AFIIP) Announces the 2021 AFIIP Winners

The Arab Financial Inclusion Innovation Prize (AFIIP), which equips promising innovators with the funding and support they need to realize their potential to further financial inclusion in the Arab world, has announced its 2021 winners. AFIIP has become one of the Arab world’s lead scouts for innovations in the field of financial inclusion.  This year, AFIIP 2021 received over 120 applications from increasingly innovative solutions across the region; not only from countries with established innovation eco-systems, such as Egypt, Morocco and Jordan, but also from countries such as Somalia, Yemen and Iraq. 

This year, in preparation for COP 26 and to bring the environment to the forefront of the entrepreneurial discussion, AFIIP also launched a green prize to provide additional resources to financial innovations that can generate green outcomes. 

A panel of ten judges with extensive and varied experiences in innovation, financial services and sustainable development evaluated the proposals based on the AFIIP criteria of impact, innovation, implementation, marketability and team. The winners will receive grant funding and technical assistance to help scale their innovations.