Publications

The Future of SME Banking: Minds Made for Redefining Financial Services

In this EY has outlined a number of questions they believe firms need to ask themselves with respect to how they can really help the SME community, considering how they can provide additional insight, tools and services that will best serve their customers. Firms that answer these questions the best are likely to come out on top, not just in this funding contest, but in the ongoing battle of attracting and retaining SME customers.

Publications

Publications

A Success Story on Remittances at the Post Office in Africa
In 2013, together with the European Commission, IFAD partnered with the United Nations Capital Development Fund, the Universal Postal Union, the World Savings and Retail Banking Institute, the World Bank and other key factors in order to address the full potential of postal networks in Africa in facilitating the transfer of remittances, reducing...
Report: Artificial Intelligence: Practical Superpowers
On May 16, BFA launched the first-ever report on artificial intelligence as it relates to financial services in Africa and the low-income customer. “Artificial Intelligence: Practical Superpowers,” is relevant for fintech companies and FSPs in Africa who are interested in or looking to move into AI. The FIBR paper presents a practical and...
The Decline in Access to Correspondent Banking Services in Emerging Markets: Trends, Impacts and Solutions
Global banks have been limiting correspondent banking relationships (CBRs) with local banks in emerging and developing economies – a practice referred to as “de-risking.” A new World Bank report – The Decline in Access to Correspondent Banking Services in Emerging Markets: Trends, Impacts and Solutions – examines what effect this trend has had on...
Small and Growing Business in Africa: Profiles, Successes and Challenges
In Sub-Saharan Africa as elsewhere, Micro, Small and Medium Enterprises (MSMEs) play a crucial role in economic development and job creation. However, because of a general lack of knowledge about this particular segment, the sector hardly achieves its full potential. In order to better meet MSMEs’ needs, a first step consists in identifying the...
North Africa Economic Outlook 2018
This North Africa Economic Outlook by the African Development Bank (covering Algeria, Egypt, Libya, Mauritania, Morocco, and Tunisia) examines the macroeconomic performance of the region and the outlook for 2018 and 2019 and explores the relationship between food security and rural poverty. Included in the report are details about finance for...
2017 State of the Industry Report on Mobile Money
2017 saw a number of new trends in mobile money – from the accelerated growth of bank-to-mobile interoperability, to the emergence of South Asia as the fastest growing region, and a raft of innovations designed to reach the most underserved. The mobile money industry is now processing a billion dollars a day and generating direct revenues of over...
Mobile Money in Emerging Markets: The Business Case for Financial Inclusion
Mobile money systems offer a dual promise, as an engine for financial inclusion, and as an emerging markets business opportunity for providers. Two billion individuals and 200 million small businesses in emerging economies today lack access to savings and credit. Success in financial inclusion entails reaching these users with products that go...
Understanding Structural Barriers & Hidden Bias in Access to Credit for Women-led Businesses
Women-led businesses are an important vehicle for enhancing women’s economic opportunities and agency, and often lead to poverty reduction and economic growth. Gender gaps in access to formal credit is one of the principal barriers impeding women-led businesses from exploiting their full potential and economic opportunities. There are many...
The Key to Financial Inclusion Report
Over the last five years at the Symposium, the Mastercard Foundation has brought together global practitioners to discuss, debate, and share ideas about client centricity: how to do it better, faster, more broadly, and more deeply as a way of driving financial inclusion. Today, the idea that more attention should be paid to the needs and...
Are savings groups a livelihoods game changer for young people in Africa?
The triad of entrepreneurship, self-employment, and financial inclusion underpins policy and development interventions meant to address the youth employment challenge in Africa. Youth savings groups are being widely promoted as a first step toward financial inclusion and economic empowerment. This article reports on the links between income-...