Fast-Moving Consumer Goods (FMCG) companies have a significant opportunity to enhance their supply chain efficiency, expand their market reach, and improve operational effectiveness by leveraging B2B (Business-to-Business) e-commerce platforms.
Among which segments of young women could investments in improved financial services make the most impact? We highlight findings from a recent CGAP segmentation exercise.
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.
Open banking initiatives must be well designed to deliver the benefits they promise consumers and financial service providers - Nigeria’s framework offers a look at both the opportunities and potential pitfalls of implementing such a scheme.
Digital credit is emerging in West Africa. Despite early reports of low default rates, consumer protection policies will be key to avoiding problems witnessed in East Africa.
By providing a combination of financial and nonfinancial services to over 16,000 smallholders, a social enterprise in northern Nigeria is harnessing the power of agriculture to create jobs for youth and improve livelihoods.
CGAP received nearly 200 proposals from digital financial services providers across Africa interested in piloting new products. A look at those proposals — from 30 countries — shows that innovations are spreading beyond hot spots like Kenya.
The inability to pay fees and other education expenses keeps many children out of school. What is the extent of these challenges, who is affected and what kinds of financial services could help?
Even though Nigeria has a higher level of financial inclusion than Sub-Saharan Africa across three of five indicators, the gender gap in Nigeria is higher. What can be done to lower the barriers to female financial inclusion?
The Better than Cash Alliance released two studies covering Nigeria's journey from cash to digital payments. Digital payments are passing a tipping point in Nigeria's corporate sector, with 61% of salaries from large companies paid electronically.
Cellulant developed a mobile wallet network in Nigeria that extends to some eight million farmers. With more than 40 million transactions in just two years, smallholder farmers in Nigeria are poised to adopt digital financial services more broadly.
Access to finance in the West African Economic Monetary Union and Economic and Monetary Community of Central Africa grew significantly from 2001 to 2011. However, more attention must be paid to savings and savers.
While quantitative data analysis is a useful first step in understanding active mobile customers, it is even more insightful when providers actually go and talk with their customers directly.
A Microinsurance Country Diagnostic in Nigeria revealed that while there is a huge opportunity for the development of a microinsurance market, low-income people in the country have limited knowledge of insurance and the value it can deliver.