The idea for the Refugee Bank for Africa was created through first hand exchanges with individuals who, due to their refugee status, have found themselves locked out of opportunities for financial stability or advancement.
This situation then perpetuates issues of systemic inequity and conflict. To address this, the Refugee Bank for Africa would offer solid economic mechanisms and reserve funds to support African refugees.
Through providing transparent and accessible avenues to refugees for funding, this initiative has the potential to not only support financial access, but also act as a proactive tool to advance educational attainment, the development of small businesses and the economy, and gender equality objectives by breaking cycles of inequality.