Digital Financial Inclusion in sub-Saharan Africa

Minerva Kotei, Financial Sector Specialist for the SME Finance Forum, attended the 2017 Africa Day in Berlin co-hosted by the EIB, Afrika-Verein der deutschen Wirtschaft and the German Federal Ministry for Economic Cooperation and Development. During a roundtable discussion, Kotei's comments focused on how digitalization can help to expand access to finance for small and medium-sized businesses, including women entrepreneurs. 

A roundtable proceeding was released. It details that while a lot has been achieved in a relatively short time, much remains to be done and the pace of digital financial inclusion has varied in different African countries. Against this backdrop, the panel addressed the key challenges and opportunities associated with digital financial inclusion from the perspective of consumers, SMEs, financial market players and policy-makers.

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