African Mobile Phone Financial Services Policy Initiative
The African Mobile Phone Financial Services Policy Initiative (AMPI) was created in February 2013 to be the platform for Alliance for Financial Inclusion (AFI) member institutions in Africa to provide high-level leadership in the overall development of mobile financial services (MFS) policy and regulatory frameworks, and to coordinate efforts of regional peer learning. This in turn broadens knowledge and promotes MFS policy development throughout the entire AFI network.
After an initial period of activities, AFI member institutions in Africa recognized AMPI’s pivotal role as a platform of high-level consensus and high level convening power in Africa which also encourages peer pressure in promoting innovative policy solutions based on tested cases. AMPI Leaders decided in July 2015 to broaden the scope of AMPI beyond MFS.
The initiative is a framework through which AFI members determine effective policy solutions for advancing financial inclusion across the African continent through cooperation among policymakers and regulators, private sector players, development partners as well as research institutions. AMPI serves as a mechanism to drive responsible uptake of the use of digital financial services (DFS) in Africa and to contribute to mutual learning and best practices.
AMPI Leaders meet regularly with the relevant stakeholders to review progress and discuss policy solutions that contribute to accelerate DFS growth and uptake in the continent.
AMPI operates under a light governance structure consisting of the Chair, the Vice-Chair and the Help Desk. The Chair serves for a two-year term and is replaced by the Vice-Chair at the end of the term. A new Vice-Chair is then elected.