AfPI welcomes Tanzania as chair, Seychelles elected vice chair

August 21st, 2020

AfPI welcomes Tanzania as chair, Seychelles elected vice chair

Following two years at the helm of AFI’s African Financial Inclusion Policy Initiative (AfPI), Banque Centrale de la République de Guinée Governor Dr. Louncény Nabé passed the position of regional initiative chair to Bank of Tanzania Governor Prof. Florens D.M.A Luoga.

“As I hand over the baton to my brother and friend, the governor of the Central Bank of Tanzania, I…

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Africa’s leaders tackle crisis recovery

August 21st, 2020

Africa’s leaders tackle crisis recovery

Digitalization as a powerful and transformative enabler to accelerate financial inclusion was underscored by the heads of central banks and other financial regulators at the 8th African Financial Inclusion Policy Initiative (AfPI) Leaders’ Roundtable on 20 August. 

Prof. Florens D.M.A Luoga, governor at the Bank of Tanzania, which co-hosted the virtual event, praised technological innovations…

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8th African Financial Inclusion Policy Intiative (AfPI) Leaders Roundtable

August 20th, 2020

8th African Financial Inclusion Policy Intiative (AfPI) Leaders Roundtable

Bank of Tanzania and AFI are co-hosting the 8th AfPI Leaders’ Roundtable on 20 August 2020, the network’s first virtual gathering exclusively for the heads of central banks and other regulatory member institutions in the Africa region.

Financial sector regulators and policymakers from nearly 30 countries represented by AfPI, AFI’s largest regional initiative,…

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Experts group, member training launch annual Africa gathering

August 19th, 2020

Experts group, member training launch annual Africa gathering

Practical solutions aimed at helping small businesses and women weather and recover from the COVID-19 crisis were top of the agenda in virtual meetings, co-hosted by Bank of Tanzania, with senior staff at African financial regulators on 17-18 August.

The game changing potential of digitalization in fostering greater financial inclusion among underserved and last mile…

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Digital channels may help stem global remittance slowdown

August 13th, 2020

Digital channels may help stem global remittance slowdown

Digital channels must be encouraged to mitigate potential slumps in cross-border remittance flows amid the ongoing pandemic, speakers said during a technical webinar co-hosted by AFI and the UK’s Department for International Development (DFID) on 11 August.

Cross-border remittances are an important contributor to economic growth and sustained financial inclusion with countries…

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IGF opportunities provide competitive advantage for financial regulators

August 11th, 2020

IGF opportunities provide competitive advantage for financial regulators

Central banks are currently increasing their efforts to transition to a more sustainable financial system as part of their work on inclusive green finance (IGF), said Sally Abdel Kader from the Central Bank of Egypt and chair of the Global Standards and Proportionality Working Group (GSPWG)

“While new risks are emerging, so are opportunities. Financial…

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Regulators, agent networks must embrace service digitalization

August 10th, 2020

Regulators, agent networks must embrace service digitalization

Mobile money agents must adapt to the accelerated digitalization of financial services as regulatory policy responses to COVID-19 continue to encourage cashless transactions, speakers said during a webinar for AFI members in the Africa region on 5 August.

Buoyed by global efforts to promote physical distancing, regulators from AFI’s African Financial Inclusion Policy…

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LAC leaders: DFS, closer cooperation key to COVID-19 recovery

July 28th, 2020

LAC leaders: DFS, closer cooperation key to COVID-19 recovery

Digital financial services are playing a crucial role in responding to the financial and economic impacts of the COVID-19 pandemic, central bankers from Latin American and Caribbean (LAC) said during a virtual leaders' dialogue on the role of financial inclusion policies in crisis response on 27 July.

Building on AFI’s existing mechanisms for regional initiatives, such as…

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Applications open for 2020 AFI Inclusive FinTech Showcase!

July 22nd, 2020

Applications open for 2020 AFI Inclusive FinTech Showcase!

AFI is holding its second FinTech Showcase! Through the support and scaling up of quality financial services, world’s most innovative FinTechs and RegTechs will showcase transformative solutions that target low-income populations, contribute to effective COVID-19 crisis responses and help recovery.

Due to the current circumstances of the COVID-19 pandemic and restrictions of…

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AFI launches inclusive green finance resource database

July 21st, 2020

AFI launches inclusive green finance resource database

Inclusive green finance (IGF) policies from 25 countries across the AFI network are now available through AFI’s latest resource database.

Designed to facilitate peer learning through knowledge sharing of existing policies and regulation, with an easy search and navigation, the accessible and convenient database was launched on 20 July 2020 during an IGF virtual member training.…

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