<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=6003880763001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>With the support of AGRA and MasterCard Foundation an online platform, e-Hakiki that enables farmers to verify authenticity of seeds being purchased was created; the platform which currently is accessed by 35,000 farmer’s aims to boost annual yields as well as create financial inclusion in the agriculture sector in Tanzania. Fatma Fernandes, Director of Business at Quincewood Group Limited joins CNBC Africa for more.</p>


This digital platform aims to boost crop yields in Tanzania

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5844289456001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The Partnership for Financial Inclusion 2018 Knowledge Event is being hosted by the IFC and the Mastercard Foundation in Dar es Salaam, Tanzania. The six-year old partnership for financial inclusion in Africa brought many key lessons for the IFC and the World Bank, as well as regulators on the continent. CNBC Africa&#8217;s Godfrey Mutizwa spoke to Martin Holtman, Manager, Digital Finance and Micro Finance at the IFC.</p>


IFC’s Martin Holtman on 2018 Partnership for Financial Inclusion Knowledge event

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5843827446001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The IFC and Mastercard Foundation&#8217;s Partnership for financial inclusion in Africa was launched in 2012. Over the past six years, its achievements far surpassed the initial expectations. CNBC Africa&#8217;s Godfrey Muitizwa spoke to Ann Miles, Director, Thought Leadership and Innovation, Mastercard Foundation, at the Partnership for Financial Inclusion 2018 Knowledge Event hosted by the IFC and the Mastercard Foundation in Dar es Salaam, Tanzania.</p>


Expanding digital financial inclusion in Africa

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5757054418001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Mastercard Foundation has unveiled “Young Africa Works” a project that aims to reduce poverty on the continent with the ultimate target to enable 30 million youth to secure jobs by 2030; for more CNBC Africa spoke to Reeta Roy, President and CEO.</p>


Mastercard aims to assist 30mn African youth to secure jobs by 2030

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe loading="lazy" style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5645788172001" width="300" height="150" frameborder="0" allowfullscreen="allowfullscreen"></iframe></div>
</div>
<p>The Symposium on financial Inclusion, which recently took place in Accra Ghana, hosted the world’s leading experts in the field of Financial Inclusion in developing countries to discuss current trends and opportunities in this space.</p>


EcoBank leverages mobile money to drive financial inclusion

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5644247763001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>According to research done by the World Bank in 2014 an estimated 2 billion working-age adults globally have no access to the types of formal financial services delivered by regulated financial institutions that wealthier people rely on.</p>


2bn adults have no access to financial services worldwide

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5644070655001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>What role does client-centricity play in driving financial inclusion? A key theme at this year’s Mastercard Foundation Symposium on financial Inclusion. Edward Effah, Group CEO of Fidelity Bank, shares the progress their bank is making in this area.</p>


Fidelity Bank CEO Edward Effah talks financial inclusion

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5641792853001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The Symposium on financial Inclusion, which recently took place in Accra Ghana, hosted the world’s leading experts in the field of Financial Inclusion in developing countries to discuss current trends and opportunities in this space.</p>


Petronela Chigara on how banks can reach out to Africa’s unbanked population

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5641744114001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>What impact will e-commerce giants like Amazon and Alibaba have on smaller African e-commerce businesses? CNBC Africa spoke to Juliet Anammah, CEO of e-commerce platform Jumia Nigeria.</p>


Jumia Nigeria prioritises customer needs first on e-commerce platforms

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5641692425001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Forty-two per cent of women and girls worldwide, that’s approximately 1.1 billion, remain outside the formal financial system, according to the Global Findex database.</p>


Bridging the financial inclusion gender gap

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5641616355001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The founder of Digital financial services and investment firm Anthemis, says there are huge opportunities in exporting African financial models abroad. CNBC Africa caught up with Nadeem Shaikh at the Symposium on Financial Inclusion.</p>


Exporting African financial models

<p>IFC, a member of the World Bank Group, together with The MasterCard Foundation, today announced a cooperation agreement valued at $1 million with microfinance institution FINCA in the Democratic Republic of Congo. Under the agreement, FINCA will expand access to credit and digital financial services for low-income people and small-scale entrepreneurs.</p>
<p> The Democratic Republic of Congo has made great strides in increasing financial inclusion in recent years, yet less than 11 percent of adults in the DRC have an account with a formal financial institution, and only 2 percent have access to formal and regulated credit services. Such financial exclusion can be a significant constraint on individual and overall economic development.</p>
<p> While mainstream commercial banks in the DRC almost exclusively serve large corporate clients, FINCA DRC focuses on providing financial services to small-scale entrepreneurs that constitute the largest part of the informal economy. FINCA DRC currently is the largest microfinance institution in the Democratic Republic of Congo, operating in four regions of the country through a network of 20 branches and 900 FINCA eXpress agents. About half of its 256,000 customers are women.</p>
<p> Andrée Simon, CEO of FINCA Microfinance Holding Company, said, “FINCA is dedicated to providing access to responsible and affordable financial services to low-income Congolese. This initiative will propel FINCA to better leverage the power of digital technology and put banking in the hands of our customers, no matter where they live.”</p>
<p> IFC will provide advisory services for two years to help FINCA DRC strengthen its ability to offer access to credit for customers and to expand its mobile banking operations to increase its reach by 200,000 new clients. The project is part of the Partnership for Financial Inclusion, a joint initiative of IFC and The MasterCard Foundation to expand microfinance and advance digital financial services in Sub-Saharan Africa.</p>
<p> Riadh Naouar, head of IFC Financial Industry Group Advisory Services in Africa, said, “It is exciting to see how FINCA has already begun to transform the financial landscape in the Democratic Republic of Congo with a ground-breaking mobile banking solution. Access to financial services for all is a cornerstone of inclusive economic growth and development.”<br /> ﻿</p>
<p> </p>


MasterCard Foundation

This digital platform aims to boost crop yields in Tanzania

IFC’s Martin Holtman on 2018 Partnership for Financial Inclusion Knowledge event

Expanding digital financial inclusion in Africa

Mastercard aims to assist 30mn African youth to secure jobs by 2030

EcoBank leverages mobile money to drive financial inclusion

2bn adults have no access to financial services worldwide

Fidelity Bank CEO Edward Effah talks financial inclusion

Petronela Chigara on how banks can reach out to Africa’s unbanked population

Jumia Nigeria prioritises customer needs first on e-commerce platforms

Bridging the financial inclusion gender gap

Exporting African financial models

IFC, MasterCard Foundation & FINCA support financial inclusion in DRC

News Tips

Advertise With Us

MasterCard Foundation

This digital platform aims to boost crop yields in Tanzania

IFC’s Martin Holtman on 2018 Partnership for Financial Inclusion Knowledge event

Expanding digital financial inclusion in Africa

Mastercard aims to assist 30mn African youth to secure jobs by 2030

EcoBank leverages mobile money to drive financial inclusion

2bn adults have no access to financial services worldwide

Fidelity Bank CEO Edward Effah talks financial inclusion

Petronela Chigara on how banks can reach out to Africa’s unbanked population

Jumia Nigeria prioritises customer needs first on e-commerce platforms

Bridging the financial inclusion gender gap

Exporting African financial models

IFC, MasterCard Foundation & FINCA support financial inclusion in DRC

News Tips

Advertise With Us

Newsletters