Let me say again that I see a huge gap between the potential of new electronic channels and the results that are being observed on the ground. Much as we might convince ourselves of the inexorable logic of bringing financial services to the corner shop near where people live (agent banking) and right onto their hands (mobile money), what I see as I visit country after developing country is too much effort and too many resources being expended in entirely sub-scale operations. Must getting there feel so hard? Read More.
The Making Finance Work for Africa (MFW4A) Partnership Secretariat, in collaboration with the National Agency for Small and Medium-Sized Enterprises of Benin (ANPME) organised the inaugural meeting of the "WAEMU Formal Network of Agencies" on October 30-31 in Cotonou, Benin. H.E. Ms. Naomie Azaria Honhoui, Minister in charge of Trade and Commerce of the Republic of Benin, opened the meeting. Read More.