MFW4A- Newsletter of the Making Finance Work for Africa Parntership
Making Finance Work for Africa
Issue 156 Newsletter | 03/2017

Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) in Nigeria - A Call for Rescue
by Dr. Abdullahi Y. Shehu, Professor of Criminology and former Director General of the ECOWAS Inter-Governmental Action Group against Money Laundering (GIABA)

The aims of any AML/CFT regime is to prevent, detect, interdict and control money laundering and the financing of terrorism. The FATF Standards, even through referred to as recommendations, have become powerful tool for combating transnational organized crime and their enforcement has become a major policy issue in all jurisdictions. Although Nigeria is not a member of the FATF, it is a founding and active member of the ECOWAS GIABA which is an FATF Style Regional Body responsible for the promotion and enforcement of the FATF standards in West Africa. Read More.

 


 

Digital Finance in WAEMU: What's New?
by Estelle Lahaye, Financial Sector Specialist, CGAP

The journey toward financial inclusion in the West African Economic and Monetary Union (WAEMU) has made some interesting strides with digital financial services (DFS), even if the journey continues to be long. According to the regional Central Bank (BCEAO), during the first nine months of 2015, DFS users made 346.9 million transactions worth $8.5 billion, increasing by 33% and 36% respectively, compared to 2014. Last year, BCEAO updated its regulation for e-money issuance and distribution that will significantly influence the evolution of the DFS market in WAEMU moving forward. Read More.

 

 

Africa Mobile & Digital Banking Summit
22.03.2017 - 23.03.2017 | Nairobi, Kenya


FT Africa Payments Innovation Summit
29.03.2017 | London, UK


The 14th Annual AVCA Conference
04.04.2017 - 05.04.2017 | Abidjan, Côte d'Ivoire

MFW4A/AACB organized a training workshop on: "Crisis Management and Banking Resolution " in Abuja

The Central Bank of Nigeria (CBN) hosted a training workshop on "Crisis Management and Banking Resolution".

Managing Climate Risks in Africa's Agriculture Sector through Insurance

MFW4A convened a side-event on the margins of the AFRACA World Congress on Rural & Agricultural Finance in Dakar


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) 20.26.39.53
secretariat@mfw4a.org
www.mfw4a.org


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