Well-implemented financial inclusion (FI) initiatives for various sub-segments of young women can produce positive financial and non-financial outcomes. Current research shows plural programs with FI components can benefit marginalized young women.
Gender norms often prevent rural women in Senegal from accessing financial and agricultural services. Pilot projects by CGAP and myAgro are providing insights into how companies can better serve rural women by addressing these norms.
Recent fighting in Sudan has turned the economy upside down and displaced thousands. Our latest blog asks what roles financial services are playing in the unfolding crisis, and why? What must happen next for inclusive finance in Sudan?
Women are lagging behind men in digital access and the generation of digital footprints, which can lead to further disadvantages in financial access and usage. We discuss how financial service providers and authorities can address these gaps.
Open G2P systems have great potential to connect recipients with a host of PSPs from which they can choose to receive their transfers. TymeBank realized the profitability potential of G2P customers and turned it into a core aspect of their strategy.
MyAgro partnered with CGAP and Dalberg Design to explore how they could expand their outreach to Senegalese women and weren’t surprised to learn that social norms were the number one barrier standing in their way.
Côte d'Ivoire's mobile money market is an excellent opportunity to reflect on whether market disruptions contribute to financial inclusion, given a recent revamp of mobile money business models in the country.
Recent qualitative research in Uganda conducted by CGAP and MicroSave Consulting (MSC) identified good practices for responsible agents in safeguarding their customers’ data and the role that providers can play in promoting these practices.
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.
Global Findex 2021 shows Sub-Saharan Africa has made progress in financial account ownership and usage over the past decade but lags behind in closing the financial inclusion gender gap and indicators around the value of financial services.
Emerging evidence shows digital finance consumer risks are increasing and, if not mitigated, could undermine users’ trust. We highlight risks that affect digital financial services users in Sub-Saharan Africa and measures to mitigate them.
Kenya has seen an explosion of fintechs and nano credit providers, but they have yet to meaningfully serve MSEs in the country. We explain how fintechs could have a wider reach and distinct value proposition for MSEs in Kenya beyond digital credit.
Teenage men and women in Kenya and South Africa adopt formal savings accounts at similar rates. But when they hit their 20s, men continue to adopt formal services while women begin gravitating toward informal services. Why?
From funding digital innovation to boosting digital literacy, here are some ways that development finance institutions and international financial institutions can accelerate the digitization of microfinance in Africa.
MTN launched open APIs for its mobile money service in 2018. Today, its APIs are being used by over 900 partners to offer everything from pay-as-you-go solar to e-commerce apps — generating revenue and new use cases for financial services.
A tool piloted by CGAP and 4G Capital reliably measures changes in borrower behavior to detect financial stress. If stress indicators are found to predict future repayment, the tool could also serve as an early warning system for issues like default.