The Absa Young Africa Works (YAWs) project

The Absa Young Africa Works (YAWs) project

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Description

The Absa Young Africa Works (YAWs) 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 project achieves this through capacity building and innovative lending solutions with a strong 
focus on women-led, youth, Fintech and Agric businesses. 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 Fintech’s/Agritech’s will 
be supported through financing (unsecured loans totaling about US$2.4M) and a US$250,000 grant 
budget allocated to promote innovation and job creation in line with the Absa Young Africa Works 
Objective. 
Apply for this innovative lending solution aimed to empower our youth-led businesses operating in 
Ghana's Fintech and Agritech environment. Together we can get things done. Submit your 
application before Friday, 4 November 2022.

Benefit

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 Fintech’s/Agritech’s will 
be supported through financing (unsecured loans totaling about US$2.4M) and a US$250,000 grant 
budget allocated to promote innovation and job creation in line with the Absa Young Africa Works 

Eligibility

Must be a youth-led businesses operating in Ghana's Fintech and Agritech environment.


How To Apply

https://www.absa.com.gh/business/absa-young-africa-works-fintech- 
grant/#:~:text=The%20Absa%20Young%20Africa%20Works%20Fintech%20Grant%2C%20an%20aspe 
ct%20of,the%20access%20to%20funding%20gap