Rwanda Only East African Nation UPU Programme Beneficiary

Dec 19, 2018 | The Exchange; All Africa

The Universal Postal Union (UPU) has announced the rollout of digital financial services projects reaching as many as 800,000 people and businesses across Africa, Asia and the Pacific.

The Universal Postal Union (UPU) has announced the rollout of digital financial services projects reaching as many as 800,000 people and businesses across Africa, Asia and the Pacific. Under its Financial Inclusion Technical Assistance Facility (FITAF), Rwanda, Benin,Côte d'Ivoire, Ghana, Kiribati, Nauru, Pakistan, Tonga and Viet Nam would bethe first to benefit from the programme in 2019.

UPU Director General Bishar A. Hussein says FITAF focuses on advancing financial inclusion and the digitization of postal financial services. Speaking at a panel session titled "Boosting financial inclusion through mobile money" during UNCTAD's Africa eCommerce Week in Nairobi, Hussein said the UPU was "acting concretely to develop digital finance through the Post on the ground to the benefits of the underserved populations and businesses."

He added, "We are building partnerships with international donors and the private sector to support the Posts in their digital journey." Read more from All Africa.

 

Source: All Africa