Limited interoperability “slows” digital financial services: BCEAO

September 25th, 2020

Limited interoperability “slows” digital financial services: BCEAO

Interoperability is a key priority for network members in Africa as regulators seek to enable wider access to payment services and accelerate inclusive digital ecosystems, speakers said during virtual member training on 21-23 September 2020.

Governor Tiémoko Meyliet Koné of co-host Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO) opened the three-day capacity…

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Launch of the AFI Europe Representative Office co-hosted with the Ministry of Finance and the Ministry of Foreign and European Affairs of the Grand Duchy of Luxembourg

September 21st, 2020

Launch of the AFI Europe Representative Office co-hosted with the Ministry of Finance and the Ministry of Foreign and European Affairs of the Grand Duchy of Luxembourg

Date: 5 October 2020
Time: 10:00 – 12:00 CET (08:00 - 10:00 UTC)
Venue: Luxembourg Chamber of Commerce, Luxembourg City

Speakers: 
Minister of Finance of Luxembourg Mr. Pierre Gramegna, 
Minister for Development Cooperation and Humanitarian…

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Agility is key to gender inclusive and resilient recovery

September 17th, 2020

Agility is key to gender inclusive and resilient recovery

Recognizing that women are disproportionately impacted by the COVID-19 pandemic, the AFI Network, guided by the Denarau Action Plan, has been agile in not only mitigating these negative impacts but also positioning itself to rebuild economies that are stronger, more inclusive and more resilient.

“We must be more intentional about bridging the financial inclusion gap and the…

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Innovative AGM endorses strategic changes, policy models, COVID-19 response

September 11th, 2020

Innovative AGM endorses strategic changes, policy models, COVID-19 response

AFI strengthened its position as the world’s foremost policy leadership alliance with members supporting a series of strategic amendments at its annual general meeting (AGM) on 9 September designed to accelerate bringing high-quality financial services to the world's unbanked.

Recorded live from AFI’s headquarters in Kuala Lumpur, Malaysia, the event was…

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AGM strengthens AFI’s diversity & women’s representation

September 11th, 2020

AGM strengthens AFI’s diversity & women’s representation

AFI further strengthened its commitment to champion diversity and gender inclusive finance in the network by enhancing women representation in the AFI Board of Directors and accepting the nomination of seven new members of its Gender Inclusive Finance Committee (GIFC).

AFI members unanimously endorsed an amendment to AFI’s Articles of Association that require at least three…

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Members celebrate unanimous policy model endorsement

September 11th, 2020

Members celebrate unanimous policy model endorsement

Congratulations to the AFI members, partners and donors who contributed to the network’s two newest models, unanimously endorsed at the 2020 Annual General Meeting on 9 September.

Each took a year to create and codify decades of member experience and best practices that will guide the development and implementation of future financial inclusion policies and regulations.

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AFI members’ pledge boosts post-COVID-19 recovery

September 10th, 2020

AFI members’ pledge boosts post-COVID-19 recovery 

Applause broke out after AFI’s membership council voted overwhelmingly to endorse the Statement on Post-COVID-19 Recovery on 9 September, enhancing the network’s commitments to achieve financial inclusion goals following the coronavirus pandemic.…

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Seven working groups hold first virtual convergence

September 9th, 2020

Seven working groups hold first virtual convergence

Seven working groups gathered to showcase their progress and achievements over the past year, as the results of AFI’s annual member needs assessment showed that satisfaction with the organization had continued to rise year-on-year.

The Global Working Groups Management Meeting was broadcast live from Kuala Lumpur, Malaysia, on 8 September to 200 working group members who had logged…

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Seychelles prioritizes climate action in sustainable development

August 27th, 2020

Seychelles prioritizes climate action in sustainable development

As part of responsibilities to maintain financial stability, Central Bank of Seychelles (CBS) is in a strategic position to support the development of green finance models, thereby aligning finance with sustainable development, said Jenifer Sullivan, the bank’s Second Deputy Governor at the AFI Virtual In-Country Training on Inclusive Green Finance (IGF) co-hosted by…

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Africa mobile agent sustainability crucial for last mile

August 25th, 2020

Africa mobile agent sustainability crucial for last mile

Greater collaboration is needed to shore up the sustainability of mobile money agents as community lifelines enabling vulnerable groups in Africa to access financial services, said AFI members and partners in a virtual meeting co-hosted by Bank of Tanzania on 19 August.

More than 60 participants from 27 countries took part in the webinar on strengthening last mile delivery…

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