The Bank of Uganda (BoU) is using a short term grant to bolster consumer protection and financial literacy. In an attempt to study consumer protection practices that can be applied in Uganda, the bank has already embarked on knowledge exchanges to both Peru and Mexico.
The goal of the grant is to aid in the development of a consumer protection and literacy strategy well suited for Uganda.
On 30 June 2011, the third Mobile Money for the Unbanked (MMU) Leadership Forum was held in Singapore with strong support from the AFI network. The forum brought together decision makers from financial regulatory authorities and mobile operators from over 20 countries. Many AFI members, including Mr. Nestor A. Espenilla Jr. (Philippines) the AFI Policy champion on mobile financial services & financial inclusion strategy, were among the participants.