If you are interested in Digital Financial Services, we recommend reading “Digital transformation of Microfinance and Digitalization of Microfinance services to deepen Financial Inclusion in Africa”, commissioned by the Alliance for Financial Inclusion (AFI) as part of the Africa Financial Inclusion Policy Initiative (AfPI).
The report reveals the role of technology in enhancing microfinance services in Africa and explores the convergence of Digital Financial Services and microfinance from different angles. Through extensive literature review and key informant interviews, the authors seek to understand the synergies between digital finance and microfinance providers in providing access to finance for low-income individuals and small businesses with the objective to present policy and regulatory recommendations that will facilitate the digital transformation of microfinance services to deepen financial inclusion in Africa.
Please, find the full report here.
