Regulators urged to boost MSME credit access as COVID lingers

December 11th, 2020

Regulators urged to boost MSME credit access as COVID lingers

Financial regulators must ramp up efforts to make finance more accessible to micro, small and medium-sized enterprises (MSME), particularly those owned by women, speakers said at virtual member training on 7-10 December.

MSMEs, a vital source of job creation in most economies, have been severely impacted by COVID-19-related movements restrictions, supply chain disruptions…

Read More

Kenya-based Pezesha wins AFI Inclusive FinTech Showcase!

December 11th, 2020

Kenya-based Pezesha wins AFI Inclusive FinTech Showcase!

Kenya-based financial technology (FinTech) firm Pezesha has won first place at the 2020 AFI Inclusive FinTech Showcase, after impressing AFI members and our panel of expert judges with an online pitch on how their solution is leading innovation in financial inclusion.

Pezesha, translated as “financial empowerment” from Kenyan Swahili, provides a digital platform where micro,…

Read More

CEFI, the online training for financial inclusion by AFI and Frankfurt School of Finance & Management

December 10th, 2020

CEFI, the online training for financial inclusion by AFI and Frankfurt School of Finance & Management Registration for the next intake (March 2021 – August 2021) opens on 1 December 2020 on Frankfurt School of Finance & Management website.

AFI, in collaboration with the Frankfurt School of Finance & Management, is launching the eight session of its online training module, ‘Certified Expert in Financial Inclusion Policy (CEFI)’.…

Read More

Global conference launches new IGF paper, next steps

December 8th, 2020

Global conference launches new IGF paper, next steps

Raising awareness among stakeholders, building internal capacities, and encouraging financial literacy among customers are just some of the efforts needed at a national level in inclusive green finance (IGF), participants said at the Third Global IGF Conference. With digital financial services (DFS) paving the way to offer targeted financial inclusion solutions to different groups, the…

Read More

Developing-developed country peers share inclusive FinTech, COVID-19 lessons

December 7th, 2020

Developing-developed country peers share inclusive FinTech, COVID-19 lessons

Developing and developed country regulators shared practical experiences on harnessing the potential of financial technology (FinTech) to deepen financial inclusion at a virtual event jointly organized with Bank of Thailand (BOT) on 1-3 December.

Held as part of AFI’s developing-developing country dialogue (3D) platform, the knowledge Exchange Program-2…

Read More

Banco de Moçambique & AFI are co-hosting the Third Global Inclusive Green Finance Conference 2020

December 3rd, 2020

Banco de Moçambique & AFI are co-hosting the Third Global Inclusive Green Finance Conference 2020 

FOR IMMEDIATE RELEASE

MAPUTO/KUALA LUMPUR (3 December 2020) – Banco de Moçambique and the Alliance for Financial Inclusion (AFI) are organizing the Third Global Conference on Inclusive Green Finance (IGF) on 3 December 2020. Governor of the Banco de Mocambique Rogério Zandamela and AFI Executive Director Dr. Alfred Hannig will…

Read More

AFI kicks off ASEAN digital financial literacy workshop

November 27th, 2020

AFI kicks off ASEAN digital financial literacy workshop

Digital financial literacy is a critical enabler in the digital adoption of financial services, offering significant opportunities to accelerate financial inclusion among vulnerable groups, AFI said at a workshop it co-hosted with the Association of Southeast Asian Nations (ASEAN) Working Committee on Financial Inclusion (WC-FINC).

The workshop, held on 26 November, was designed…

Read More

COVID-19 fast-tracking financial literacy for resilience building

November 26th, 2020

COVID-19 fast-tracking financial literacy for resilience building

COVID-19 has accelerated the need to promote financial literacy as an essential tool for individuals to manage their financial affairs and build greater resilience, speakers highlighted at virtual member training on national financial education strategies (NFES) on 23-25 November.

Co-hosted by Banco de Portugal (BdP), the three-day capacity building event championed…

Read More

Financial inclusion elevated at European Microfinance Week

November 20th, 2020

Financial inclusion elevated at European Microfinance Week

Financial inclusion was one of the key topics at European Microfinance Week, held on 18-20 November, where staff from AFI’s management unit highlighted various achievements from across the network in addressing the challenges facing consumer protection and savings as well as vulnerable groups, such as forcibly displaced persons (FDPs).

Head of Policy Programs and Regional…

Read More

AFI members explore central bank digital currency opportunities

November 16th, 2020

AFI members explore central bank digital currency opportunities

Central bank digital currencies (CBDCs) propelled by broader trends, offer opportunities to accelerate digitization for emerging and developing economies amid COVID-19, speakers said at a virtual event on 12 November.

The webinar, the last virtual event for AFI Working Groups in 2020, was organized by the Digital Financial Services Working Group (DFSWG) and provided a…

Read More