The Lesotho National Financial Inclusion Strategy 2024–2028 (NFIS II) aims to enhance financial inclusion as a tool for economic growth, poverty reduction, and resilience building. It builds on the previous NFIS (2017–2021), which significantly increased financial inclusion to 91% in 2021, primarily driven by mobile money.

The NFIS II envisions a dynamic financial sector enabling all Basotho individuals and businesses to access quality financial services that improve well-being, resilience, and sustainable development. Its four strategic priorities include

(1) financial literacy and consumer protection
(2) financial products for MSMEs and farmers
(3) digitization and financial service expansion
(4) an enabling regulatory environment and collaboration.

The strategy aligns with Lesotho’s National Strategic Development Plan (NSDP II) and regional initiatives such as the SADC Strategy for Financial Inclusion and SME Access to Finance 2023–2028, with a strong emphasis on leveraging technology, gender inclusion, and supporting vulnerable groups.