The SANAD Technical Assistance Facility will offer finalists a trip to Jordan and accommodations during mentoring sessions conducted by fintech industry experts. The Amman event builds on the success of the first Fincluders Startup Challenge, where organizers carefully weighed the merits of each of the more than 90 applicants before selecting 15 finalists. SANAD Technical Assistance Facility Committee Chairman Ines Ebrecht said, "The Fincluders Startup Challenge serves as a natural extension of our technical assistance activities. SANAD thereby fosters economic development and job creation - including youth employment - agriculture, affordable housing, and innovations in finance and financial technologies. SANAD's investors include the KfW Development Bank, which initiated the fund; the German Federal Ministry for Economic Cooperation and Development (BMZ); the European Union; Switzerland's State Secretariat for Economic Affairs (SECO); OeEB, the Development Bank of Austria; Germany's GLS Bank; and the Dutch development bank FMO.

Source: The North Africa Journal March 20, 2017 09:00 UTC