Folasade Agbejule

Financial Sector Specialist

Folasade Agbejule is a products, programs and policy expert with over 15 years of experience in the pharmaceutical, banking and development sectors. Fola currently manages CGAP's portfolio of work in Nigeria across several thematic areas of inclusive finance. Prior to CGAP, Fola worked with Enhancing Financial Innovation & Access (EFInA) in Nigeria, where she managed the electronic payments and digital financial services programs (across the pillars of advocacy, research, and innovation).

Before EFInA, Folasade worked with two top banks in Nigeria on their digital financial services strategies and products implementation. She led a team that developed and implemented an organizational transformation strategy for the largest bank in Africa and its affiliates across Africa and the United Kingdom. She has experience in the pharmaceutical industry, where she supported the products management and regulatory affairs implementation initiatives at GlaxoSmithKline Plc.

Folasade is a certified project management professional who holds a certificate in financial inclusion from the Harvard Kennedy School of Government and a bachelor’s degree in pharmacy from the Obafemi Awolowo University, Ile-Ife. She holds an MBA from INSEAD – Europe, Asia and Middle East. Fola is fluent in English and Yoruba and is based in Lagos, Nigeria.

By Folasade Agbejule


BNPL in Nigeria: Emerging Fintech Innovations for MSEs

Findings from our recent research suggest BNPL is becoming a significant lending mechanism for Nigerians – especially for micro, small and medium enterprises and self-employed individuals who would not otherwise have access to credit.

Savings at the Pump: Financing Solar Irrigation to Support Rural Women

Solar water pumps can be a sustainable, low-cost solution for irrigating farms. Asset financing from organizations like PEG Africa could help more women to obtain these cost- and time-saving tools.

For AgroMall, Extending Credit to Women Requires First Convincing Men

With customer data and a credit scoring algorithm, AgroMall set out to offer ag financing to women. The challenges it encountered show why the biggest barrier to women’s financial inclusion isn't always lack of tech or data: it's often social norms.