September 9th, 2019

Rwanda’s agaseke baskets hold promise for financial inclusion

Lining the entrance of the Kigali Convention Centre are three large baskets, known as agaseke in Rwanda’s official language of Kinyarwanda. Standing up to two meters tall and streaked in the national colors of green, yellow and blue, these symbols of the country’s rich cultural heritage tower over most of the delegates arriving for the 2019 AFI Global Policy Forum (GPF).

September 4th, 2019

Using customer-centric data for smarter financial inclusion policies

How can we use financial inclusion data on customers more effectively to bring smart policies to life? insight2impact has been working with AFI’s financial inclusion data (FID) working group to develop a client-centred approach to measure the success of financial inclusion initiatives.

While financial inclusion is typically measured by account uptake rates,…

July 16th, 2019

Inclusive Green Finance – a piece of the SDG puzzle

AFI members are supporting efforts to achieve the Sustainable Development Goals (SGDs) by exploring and implementing policies under Inclusive Green Finance that advance financial inclusion among the most vulnerable to build resilience and enable mitigation to climate change.

World leaders are in New York this week to discuss if we are on track to meet the 17 SDGs. Under the theme “…

July 10th, 2019

Youth crucial to Rwanda’s success and upcoming GPF

The National Bank of Rwanda (BNR) is hosting this year’s AFI Global Policy Forum (GPF). Deputy Governor Dr Monique Nsanzabaganwa recently sat down with the Alliance to discuss its key themes and her hopes for the flagship event.

Deputy Governor Dr. Monique Nsanzabaganwa, National Bank of Rwanda

In just two months’ time, the BNR will be centerstage as it co-hosts the 2019…

July 3rd, 2019

Rwanda’s gender trailblazers inspire future female leaders

Women holding top management posts at central banks remains a rare occurrence, unless you are referring to the National Bank of Rwanda (BNR) where 50 percent of board positions belong to females. Most senior of these is Deputy Governor Dr. Monique Nsanzabaganwa, who recently sat down with the AFI to discuss her institution’s successes in promoting gender equality and hosting the…

June 18th, 2019

The 4P Framework of Inclusive Green Finance: Policy responses to climate change

In late 2018, hundreds of thousands of “yellow vests” took to the streets of France to protest a fuel tax hike aimed at cutting carbon emissions. While some argued the increase was a reasonable step taken by a country at the forefront of climate action, the protesters claimed that France’s low-income population would be hardest hit. Demonstrations continue to…

June 13th, 2019

How financial sector strategies are addressing inclusive green finance

Many central bank members of the Alliance Financial Inclusion (AFI) are increasingly considering inclusive green finance at the national strategic level, reflecting a recognition that addressing climate change falls within their mandates to ensure financial sector stability and promote economic development.

In AFI’s latest report, “Inclusive Green Finance: A…

May 17th, 2019

PIRI drum embodies Pacific’s rich traditions and modern needs by calling members to Solomon Islands

Beating its rhythmic pulse, a wooden drum accompanies the members of the Pacific Islands Regional Initiative (PIRI) on their journey towards financial inclusion. Passed annually from host country to host country, the drum symbolizes not only the cultures and traditions of the Pacific but also the unity and milestone achievements made in…

May 16th, 2019

An overview of Argentine debtors

Since its recent leadership of the Group of Twenty (G20), Argentina has stepped up efforts to foster financial inclusion with commitments to develop, among others, a national inclusion financial strategy (NFIS) and a core set of financial inclusion indicators.

Amid this momentum, the Central Bank of Argentina (BCRA) established a dedicated financial inclusion department with financial inclusion data…

April 23rd, 2019

FinTech will open access to banking in remote communities: Bahamas Central Bank Governor

Governor John Rolle, the Central Bank of The Bahamas

Financial technology (FinTech) is helping bring formal financial services to marginalized groups in The Bahamas, particularly those living in remote communities, the head of the island nation’s central bank, John Rolle, said during an interview with the Alliance for Financial Inclusion (AFI…