Zambia is making positive progress in increasing women’s financial inclusion, successfully reducing the formal gender gap from 9.9 percent in 2015 to 5.8 percent in 2020.
Zambia has a strong regulatory framework to support women’s financial inclusion and access to finance. There is a Gender Equity and Equality Act, a national financial inclusion strategy, a national financial education strategy, a gender division under the office of the president, and more.
This case study takes an in-depth look at women’s financial inclusion, challenges faced, access to finance, successes to date, and the opportunities for even more progress in the future.