June 18th, 2018

Why financial regulators are vital in the global forced displacement crisis

Last year on World Refugee Day, we highlighted that an important aspect of forced displacement is the challenge of providing fast, efficient, and sustainable delivery of financial services and products to Forcibly Displaced Persons (FDPs) who include refugees, Internally Displaced Persons (IDPs), and asylum seekers. One year later, this still holds true as the scale…

May 30th, 2018

To mark AFI's 10-year celebration, we sat down with Executive Director, Dr. Alfred Hannig for a walk down memory lane to reflect on AFI's early years and its decade of impact on financial inclusion.

#AFITurns10: Celebrating 10 years of financial inclusion

Over 10 years ago, a team gathered for a retreat in Seattle, United States to map out a single shared dream on a drawing board. The Alliance for Financial Inclusion (AFI) had humble…

May 23rd, 2018

Expert views: First Deputy Governor Dr. Seeku Jaabi shares perspective on joining AFI, role of digital finance & cutting the gender gap

AFI welcomed Central Bank of The Gambia (CBG) into its network in December 2017. We had the pleasure of meeting the First Deputy Governor Dr. Seeku Jaabi, who oversees financial sector stability in the country, during the two-day training on challenges and risks that come with large-scale changes in…

May 8th, 2018

Expert views: Deputy Governor Elsie Addo Awadzi discusses sustainable SME finance in Ghana

During a one-week High-Level Joint Learning Programme, co-hosted by Bank Negara Malaysia (BNM) and AFI in Kuala Lumpur last month, we sat down with Elsie Addo Awadzi, Deputy Governor of Bank of Ghana (BoG) to gain her perspective on financial inclusion and the pillars of sustainable SME finance.

AFI: In your opinion, what is the best way to…

May 2nd, 2018

FinTech for Financial Inclusion: The time to act is now

We live in a hashtag generation! There is a constant urge to stay connected with pervasive access to digital technology.

There are now more than 4 billion internet users around the world. A quarter of a billion users came online for the first time in 2017. Africa has seen the fastest growth rates. There are 5.135 billion mobile phone users across the globe with a total of 8.48…

April 30th, 2018

Propelling financial inclusion in the Arab Region

Today we celebrate the Arab Day of Financial Inclusion!

Adopted by Arab Monetary Fund (AMF) and the Council of Arab Central Banks on 27 April 2016, the overall purpose of Arab Day of Financial Inclusion Day to advocate financial inclusion, and its role in driving the development of policies, strategies and programs to promote access to financial services, and improve financial…

April 20th, 2018

Bangladesh Bank steers the financial sector towards environmental sustainability and climate change resilience

In Bangladesh, climate change affects many sectors, including water resources, agriculture and food security, ecosystems and biodiversity, and human health and coastal zones. It is estimated that rising sea levels alone will displace 18 million Bangladeshis within the next 40 years; also predicted that climate change could have a…

April 11th, 2018

Snapshots: Governors & Deputy Governors take the helm on SME finance at AFI high-level JLP

As part of the intensive, high-level Joint Learning Programme (JLP), “Building an Inclusive MSME Financing Ecosystem,” which is taking place from 9-13 April, 2018, participants were involved in field visits to various financial institutions including Laman Informasi Nasihat dan Khidmat (LINK), SME Corporation Malaysia, Credit Counselling and Debt…

March 14th, 2018

Bridging the financial inclusion gender gap: Insights from women at the heart of AFI

AFI members are committed to the Denarau Action Plan (DAP) with the aim to increase women’s access to quality and affordable financial services globally. The DAP targets to accelerate the progress of women's financial inclusion by halving the financial inclusion gender gap across AFI member countries by 2021.

To help shape the conversation…

March 13th, 2018

Did you know that more than one billion women are still excluded from formal financial services? The Denarau Action Plan targets to accelerate the progress of women's financial inclusion by halving the financial inclusion gender gap across AFI member jurisdictions by 2021.

View the infographic below to learn about the gender gap in financial inclusion and how AFI plans to promote women's economic empowerment through the Gender and…