African Union Peace Fund signs MoU with Inclusive Financial Technologies Foundation (InFTF) to harness cutting-edge financial technologies

Date: 2024-10-04
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The African Union Peace Fund has signed a groundbreaking Memorandum of Understanding (MoU) with the Inclusive Financial Technologies Foundation (InFTF) to transform peace financing in Africa. The partnership aims to harness cutting-edge financial technologies to support peace initiatives across the continent.


It also seeks to develop a seamless donation platform using the advanced Xahau network, enabling contributions in multiple currencies. Additionally, it will engage the African Diaspora to rally support for AU Peace Fund's peace-related initiatives and coordinate Corporate Social Responsibility initiatives from multinational companies to support African peace efforts.


The collaboration also aims to create systems for all Africans and friends of Africa to contribute directly to peace initiatives. Led by the InFTF team, including Mr. Bharath Chari, Dr.-Ing. Getahun Mekuria, and Mr. Thomas Silkjær, alongside AU Peace Fund Secretariat Director Dagmawit Moges, the partnership is expected to expand the reach and impact of the AU Peace Fund.

The African Union Peace Fund was established in 1993 to finance peace and security activities in Africa.

By: Kanto Okanta

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