Sub-Saharan Africa

Regional News

Higher quality financial inclusion data and measurement draw bullseye focus at BoG-AFI Joint Learning Programme

2018-06-05

“The changing digital finance space will require higher quality and more comprehensive data accompanied by sound analysis in order to identify implications,” emphasized second Deputy Governor, Mrs. Elsie Addo Awadzi of the Bank of Ghana.

Policy area: Digital Financial Services, General FI

Congratulations to Governor Nabe and Governor Luoga, AfPI’s new Chair and Vice Chair

2018-05-18

Dr Louncény Nabe, Governor of Banque Centrale de la République de Guinée (BCRG), has been elected as the Chair of the African Regional Policy Initiative (AfPI) on 11 May 2018, during the 6th Annual AfPI Leaders Roundtable.

Policy area: General FI

Ghana’s first Mobile Money Interoperability System deepens financial inclusion and promotes cashless agenda

2018-05-16

The system was launched by Vice President of Ghana, Dr. Alhaji Mahamoud Bawumia on 10 May, 2018 and is aimed at eliminating the complexities and inconveniences associated with transfers across the various mobile money networks in the country.

Policy area: Digital Financial Services, General FI

Africa is driving the use of digital financial services & FinTech for financial inclusion - 6th AfPI Annual Leaders Roundtable

2018-05-10

The 6th Annual AfPI Leaders Roundtable is gathering more than 100 regulators and policymakers from AFI member institutions in Africa, led by 12 Governors and Deputy Governors combined.

Policy area: Digital Financial Services, General FI

Boosting financial inclusion through DFS, AfPI members attend AFI-PPD training in Conakry, Guinea

2018-05-08

"Financial inclusion and DFS training is an opportunity to learn about innovative solutions that build inclusive financial services for the underprivileged, including women and rural population”, First Deputy Governor of the Banque Centrale de la Guinee Nianga Kamata Goumou said as he welcomed over 65 technical staff from 32 AFI member institutions.

Policy area: Digital Financial Services, General FI

4th EGFIP meeting discusses how DFS and FinTech reinforce financial inclusion in Africa

2018-05-07

Experts Group on Financial Inclusion Policy (EGFIP) for the African Financial Inclusion Policy Initiative (AfPI) held its fourth meeting in Conakry, Guinea, on 7 May 2018.

Policy area: Digital Financial Services

The 6th Annual Roundtable of the Leaders of AfPI will convene more than 100 regulators and policymakers in Conakry, Guinea

2018-05-03

Expecting more than 100 regulators and policymakers, AfPI will address barriers for women-owned MSMEs/SMEs to access credit from formal financial institutions and discuss issues on enhancing interoperability for DFS in Africa.

Policy area: Digital Financial Services, General FI

AFI’s Peer Advisory Service supports Central Bank of Nigeria’s target of attaining 80 percent financial inclusion rate by 2020

2018-03-27

“The ongoing review of the Financial Inclusion Strategy document to include new barriers to financial access — like digital financial services (DFS) — and the renewed focus on gender, among others, would be able to propel us towards our overall target in 2020,” emphasized Dr. M. A. Olaitan, Director of Development Finance from CBN during his welcome address at the five-day PAS training.

Policy area: Financial Inclusion Strategy, General FI

Central Bank of Nigeria and AFI will host peer advisory service on implementing NFIS from 26-30 March

2018-03-23

This event is organized for selected AFI member institutions who have a critical need for hand-holding support in developing the expertise needed to implement NFIS effectively. More than 10 participants from seven AFI member countries will undergo this intensive, step-by-step training.

Policy area: Financial Inclusion Strategy

Prof Florens Luoga officially assumes office as new Governor for Bank of Tanzania

2018-01-26

Tanzania's new central bank governor, Prof Florens Luoga, officially assumed the position on Monday, 22 January 2018 — promising to work steadfastly in addressing challenges in the banking sector. Previously the deputy vice-chancellor of the University of Dar es Salaam, Prof Luoga said his first act as the new Governor would be to meet with various central bank stakeholders within and outside the country.

Policy area: General FI