“2019 was an exciting year for the AFI network and the realization of AFI’s Phase III approach that focuses on policy guidance and in-country implementation, which was brought to life when the network endorsed and approved two policy models on the AFI Data Core Set and E-Money for the first time“, AFI Executive Director Dr. Alfred Hannig.

This year saw the expansion of the number of Working Groups from six to seven through the addition of the Inclusive Green Finance Working Group (IGF), which leverages the Sharm El Sheikh Accord on Financial Inclusion, Climate Change & Green Finance. Additionally, there were 19 in-country implementation projects approved.

The African, Arab, Eastern European and Central Asian, Latin American & Caribbean and the Pacific Regional Initiatives in turn have been conducive in transforming the working group’s leadership and expertise at the regional level, as well as supporting members in adopting network accords.