PIRI members to finalize regional de-risking action plan

November 21st, 2019

PIRI members to finalize regional de-risking action plan

Members of AFI’s Pacific Islands Regional Initiative (PIRI) are attending a workshop to finalize a regional de-risking action plan aimed at curbing losses in correspondent banking relationships due to concerns over money laundering and terrorist financing.

Organized in collaboration with AFI partners Asia/Pacific Group on Money Laundering (APG) and Society for Worldwide…

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NFIS must encourage long-term sustainable goals, AFI’s DED

November 18th, 2019

NFIS must encourage long-term sustainable goals, AFI’s DED

Regulators must adopt a “holistic approach” to national financial inclusion strategies (NFIS) that encourage long-term and sustainable economic growth, AFI’s Deputy Executive Director Norbert Mumba said at the start of member training on 18 November.

He noted that while the capacity building training, which is being co-hosted by Bank Negara Malaysia (BNM), will focus on the…

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Eswatini Governor urges support to improve MSME access to financing

November 12th, 2019

Eswatini Governor urges support to improve MSME access to financing

Costs and banking processes must be reduced for micro, small and medium enterprises (MSMEs) to support future expansion in the sector, Central Bank of Eswatini Governor Majozi Sithole said on 12 November.

Speaking at the Eswatini SME Finance Forum 2019 in Ezulwini, Governor Sithole noted that while MSMEs play a vital role in reducing poverty, greater stakeholder…

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Consumers need protection, CBK Governor tells members

November 7th, 2019

Consumers need protection, CBK Governor tells members

Central Bank of Kenya (CBK) and AFI are co-hosting a Member Training on Regulatory and Supervisory Framework for Digital Credit on 6 – 8 November 2019 in Nairobi, Kenya. CBK is sharing implementation experience and expertise along with other stakeholder institutions following Kenya’s a significant progress in the area of digital credit.

Participants are learning how to identify…

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Youth, Gender & IGF highlighted in meeting with SASRA, Kenya

November 6th, 2019

Youth, Gender & IGF highlighted in meeting with SASRA, Kenya

The Chief Executive Officer of Kenya's Sacco Societies Regulatory Authority (SASRA), John Mwaka, met AFI Deputy Executive Director Norbert Mumba on 6 November in Nairobi, to discuss how best to strengthen support and collaboration between two institutions, as well as the latest developments in the AFI network.

Topics included financial inclusion of youth, gender and…

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Côte d'Ivoire FinMin discusses green, youth & gender with AFI DED

November 4th, 2019

Côte d'Ivoire FinMin discusses green, youth & gender with AFI DED

Emerging topics in financial inclusion were top of the agenda when Côte d'Ivoire Minister of Finance and Economy Adama Coulibaly met AFI Deputy Executive Director Norbert Mumba in Abidjan on 4 November.

The pair discussed inclusive green finance, youth financial inclusion and gender, as well as ways in which AFI could strengthen its support and collaboration with…

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Five steps can transform green financial landscape, AFI ED Dr. Hannig

October 31st, 2019

Five steps can transform green financial landscape, AFI ED Dr. Hannig

 

Global solutions must be tailored to local environments if regulators want to successfully tackle pressing financial inclusion issues, such as climate change, and ensure that no one is left behind, AFI Executive Director Dr. Alfred Hannig said on 30 October.

Dr. Hannig outlined five steps to “transform the financial sector”, during the close of the Global…

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Green finance, regional sandbox & FinTech discussed with BCEAO

October 31st, 2019

Green finance, regional sandbox & FinTech discussed with BCEAO

Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) Governor Tiémoko Meyliet Koné expressed interest in AFI’s inclusive green finance workstream, adding that some northern and coastal areas in its member-bloc were highly vulnerable to climate change.

In a meeting with AFI Deputy Executive Director Norbert Mumba on 31 October, Koné noted that green finance could…

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Bank Al-Maghrib - AFI Green Finance Conference

October 30th, 2019

Bank Al-Maghrib and the Alliance for Financial Inclusion (AFI) are organizing the Global Green Conference on October 30, 2019 in Rabat, Morocco. Over 100 financial sector regulators and policymakers from more than 40 countries are expected to learn and engage in regional and global topics on how financial sector and inclusive finance can best help with climate emergency solutions.

Regulators will explore green finance policies,…

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Bank Al-Maghrib co-hosts first-ever IGF member training in Rabat

October 28th, 2019

Bank Al-Maghrib co-hosts first-ever IGF member training in Rabat

AFI members kicked off the first-ever Inclusive Green Finance (IGF) capacity building event in Rabat on 28 October, cementing the global network’s position as pioneers in this field.

Co-hosted by Bank Al-Maghrib, the two-day training is designed to lay the foundations of AFI’s recently-formed IGF working group with members strengthening their knowledge of the 4Ps…

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