MFW4A- Newsletter of the Making Finance Work for Africa Parntership
Making Finance Work for Africa
Issue 127 Newsletter | 10/2015

Experiments in Islamic Microfinance
By Mohamed El-Komi, Assistant Professor of Economics, American University in Cairo

Microfinance has been identified as an important tool in increasing the productivity of the poor and in aiding economic development in Africa. However, a large proportion of the poor are practicing Muslims, and are thus unable to take advantage of traditional microfinance contracts which involve the payment of interest. A recent paper examines islamic-compliant microfinance contracts, including those based on profit-and-loss sharing (PLS), and their compliance rates compared to interest-bearing contracts.

The More the Merrier? What Happens When More People Use Financial Services
By Ratna Sahay, Martin Čihák, Papa N'Diaye, Adolfo Barajas, and Srobona Mitra

A new study explores the macroeconomic benefits of greater financial inclusion. While the results suggest that there are tangible economic benefits, such as higher GDP growth, there are limits to what financial inclusion can do, and its benefits diminish as both financial access and depth becomes large.

In Focus

Advancing Inclusive Insurance in Africa: Innovation in Industry, Policy and Development

Policy makers and international experts met in Nairobi, Kenya, on September 30th, at the conference organised by Chatham House with the support of the AIG, to evaluate innovation and progress in micro-insurance initiatives across Africa.



Sanabel 2015 Conference
20.10.2015 - 21.10.2015 | Sharm El Sheikh, Egypt

AUHF 2015: 31st Annual Conference & Exhibition
26.10.2015 - 28.10.2015 | Windhoek, Namibia

11th International Microinsurance Conference 2015
03.11.2015 - 05.11.2015 | Casablanca, Morocco

MFW4A 2014 Yearly Report

The MFW4A Partnership is proud to present its Yearly Report 2014, which highlights our achievements over the last year.

Working Paper Series: Call for Papers

Open to all professionals and academics looking to advance Africa's financial sectors. 

The Making Finance Work for Africa (MFW4A) Secretariat
African Development Bank
Immeuble du Centre de Commerce International d'Abidjan (CCIA)
Avenue Jean-Paul II, 01 B.P 1387
Abidjan 01 - Côte d'Ivoire


Tel: (225)

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