African Financial Inclusion Policy Initiative (AfPI)

AfPI is the primary platform for AFI’s African members to support and develop financial inclusion policy and regulatory frameworks in Africa, and to coordinate regional peer learning efforts.

Since the launch of African Mobile Phone Financial Services Policy Initiative (AMPI) in February 2013, the focus areas for the regional initiative have expanded beyond the initial emphasis on mobile phone to include other areas such as consumer protection, financial inclusion strategies, cooperative frameworks for cross-border remittances, digital financial services, Small and Medium Enterprises (SMEs) access to finance, financial inclusion for women and other vulnerable groups, agricultural firms access to finance, etc.

Accordingly, Leaders from AFI member institutions in Africa agreed to broaden the scope of the Initiative from mobile phone financial services to a broader based financial inclusion policy initiative, called African Financial Inclusion Policy Initiative (AfPI).

AfPI brings together high-level representatives from African financial policy-making and regulatory institutions. Stakeholders from private sector entities, telecommunications regulators and international development agencies also participate in the AfPI activities. By promoting sound and effective financial inclusion policies and establishing a platform for public and private engagement, AfPI aims to enhance the implementation of innovative financial inclusion policies in Africa. Download the AfPI factsheet.

AfPI activities are supported by the AFI Management Unit through a governance structure that comprises of a Leaders Roundtable and an Expert Group on financial inclusion policy.

AfPI Leaders' Roundtable

AfPI Leaders, high-level policymakers and regulators, meet at annual roundtable to discuss policy issues and provide strategic guidance. They also meet on the sidelines of the AFI Global Policy Forum to discuss other urgent matters.

AfPI Chair

The Chair provides leadership and guidance to the Expert Group to ensure a smooth and successful implementation of the activities. He or She represents AfPI in its relations with Governments and other entities.

Expert Group on Financial Inclusion Policy (EGFIP)

Group of senior officials from AFI member that undertakes the technical implementation of AfPI activities. The Group provides insights on policy and regulatory approaches to help address pertinent regional and sub-regional challenges of enhancing financial inclusion in Africa.

Institutions, members of EGFIP, rotate within each sub-region on three years’ period basis. AFI Management Unit coordinates the organization of the meetings of Leaders’ and those of the EGFIP.

The Leaders Roundtable is responsible for strategic guidance and, oversight and monitoring of AfPI workplans focused on addressing regional financial inclusion challenges. The Expert Group on financial inclusion policy is responsible for identifying key policy issues and implementing workplans.


The annual AfPI Leaders Roundtable has become a high-level convening power where high-level officials from AFI member institutions in Africa come together with private sector representatives and other stakeholders to discuss financial inclusion policy issues. In addition to this high level peer learning, AfPI’s regulatory Capacity Building and Peer Advisory Programs are empowering African countries to adopt and implement innovative policy solutions to advance financial inclusion based on tested approaches.

Current focus areas

  • Strengthen the cooperation between financial and telecommunication regulators on issues related to digital financial services (DFS).
  • Deepen understanding on policy and regulatory approaches that enhance innovative cross-border remittances in Africa.
  • Reinforce the capacity building efforts for financial regulators to ensure they keep up with the rapidly changing DFS landscape and mitigate the underlying risks.
  • Deepen understanding and learning on approaches for interoperable schemes or models to inform effective policy interventions for interoperability that support financial inclusion.
  • Reinforce the dialogue with private sector players and other related stakeholders through AFI’s public-private dialogue in Africa and other forms of cooperation.
  • Promote DFS for agricultural micro, small and medium enterprises (MSMEs) and deepen understanding on policy reforms to support agricultural finance.
  • Promote inclusive policies for women, especially leveraging new technologies and promote the adoption of regulations and financial consumer protection frameworks to advance women’s economic participation.
  • Strengthen the synergy between micro-finance institutions (MFIs) and DFS providers.
  • Facilitate the adoption of policy and regulatory approaches to enhance consumer protection for digital credit in Africa.


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