The head of the Guinean government, Mamady Youla, officially opened this Thursday, May 10, 2018, the foundation of the African Initiative for Financial Inclusion Policies (AFPI) around the issue “How to achieve financial inclusion in Africa, particularly in Africa. Sub-Saharan Africa ? ”
Conakry hosts since Thursday about fifty delegations with more than 120 participants, including regulators and decision makers of AFI member institutions; 12 Governors and Vice-Governors of Central Banks, representatives of public and private institutions of AFPI member countries.
“Today it is recognized that inclusive and sustainable economic growth starts with financial inclusion. Guinea is working on the development of its National Inclusive Finance Strategy (SNFI). Its objective will be to contribute to the promotion of the sector of inclusive financial institutions (IFIs) oriented towards the economic and social emancipation of the less favored Guineans “announced Mamadi Youla.
“We understand that the poor do not ask for favors, but on a level playing field, without expensive processes that prevent them from accessing quality financial services. Thanks to effective policies based on digital financial services, the lives of many people can be improved, “pleaded the head of the Guinean government.
Lounceny Nabé, Governor of the Central Bank of Guinea with his AFPI colleagues, Mr. Alfred Hannig, AFI Executive Director, Mr. Stefan Nalletamby, AfDB Financial Sector Development Director , Dr. Rogério Lucas Zandamela, Governor of the Bank of Mozambique and President of AFI, May 10-11 discuss the best way to support the deepening of financial inclusion in Africa, as well as the empowerment of women .
The governor of the BCRG will say that financial inclusion in our countries becomes unavoidable if we want to lift our populations out of poverty by providing quality financial services. In his view, the achievement of this objective requires a fair and correct treatment of customers of financial institutions.
“Financial inclusion and financial integrity go hand in hand. The objectives of financial inclusion and the establishment of an effective system to combat money laundering and terrorist financing can be pursued simultaneously, “said Lounceny Nabé.
At the end of the discussions, the experts will discuss cross-border digital transfers, the success factors for the interoperability of digital financial services (DFS), the credit infrastructure for small and medium-sized enterprises (SMEs) owned by women, as well as the role of the regulator in the responsible use of digital credit services in Africa.
