The CCDI will play a pivotal role in driving financial inclusion and economic modernization by supporting the development of FinTech solutions that provide accessible and affordable financial services to all Cameroonians, especially those in underserved areas.
Objectives:
- Develop digital payment systems: Support the establishment of mobile payment platforms and digital wallets that make it easier for individuals and businesses to engage in cashless transactions.
- Promote peer-to-peer lending platforms: Encourage the development of peer-to-peer (P2P) lending solutions, which can provide small businesses and individuals with access to loans without the need for traditional banks.
- Support blockchain-based financial services: Integrate blockchain technology into financial services to provide secure, transparent, and efficient financial transactions.
- Encourage savings and micro-investments: Promote digital savings and micro-investment platforms that allow individuals to save small amounts of money and invest in profitable ventures, empowering people economically.
- Financial literacy programs: Partner with financial institutions to offer financial literacy programs that educate citizens on how to manage their finances, use digital financial tools, and protect themselves from fraud.
Impact:
By embracing FinTech innovations, the CCDI will help create a financially inclusive society, reduce barriers to financial services, and stimulate economic growth through increased access to capital for individuals and small businesses.