Dear Readers,
I am very pleased to hereby announce the launch of the Donor Coordination Portal (DCP) which is very much in line with our mission statement “building networks and knowledge hubs, to promote financial sector development in Africa“. The Donor coordination Portal, a referential tool, accessible through the MFW4A Platform (www.mfw4a.org) ambitions to leverage knowledge sharing and enhance coordination of the development partners’ activities. It has two components (i) the Donor Projects Database and (ii) the Online Discussion Platform. Read more.
Meet The Stakeholder
The Association of African Central Banks (AACB)
The Making Finance Work for Africa (MFW4A) Partnership Secretariat contacted Mr. Samuel Meango, Permanent Secretary of the Association of African Central Banks (AACB) for him to present his organization.
Could you briefly introduce the AACB?
The creation of the AACB follows the decision by Heads of State and Governments of the Organization of African Unity (OAU) on May 25, 1963, in Addis Ababa, Ethiopia, in view of setting up a Preparatory Economic Committee. The Committee had to conduct a study on a wide range of monetary and financial issues in collaboration with governments and after consultation with the United Nations Economic Commission for Africa (ECA). > Read More
The banking sector in Zambia is growing, with the number of banks' increase growing by 60% from 12 in 2000 to 19 in 2011. While this is expected to bring cheer to the central bank, the Bank of Zambia is not impressed.
The term over-indebtedness is uncommon in most African financial sectors even as more financial institutions increase the number of loans to borrowers despite some being unable to repay them.
The 2011 MFW4A Forum featured a discussion on efforts to improve consumer protection in Africa. In this report, Cynthia Mukwasa from Lusaka explores the issue.
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