{"id":347,"date":"2026-05-13T15:33:52","date_gmt":"2026-05-13T13:33:52","guid":{"rendered":"https:\/\/blog.nexfing.ai\/?p=347"},"modified":"2026-05-13T15:33:52","modified_gmt":"2026-05-13T13:33:52","slug":"financial-inclusion-in-africa","status":"publish","type":"post","link":"https:\/\/blog.nexfing.ai\/?p=347","title":{"rendered":"Financial Inclusion in Africa"},"content":{"rendered":"\n<p><strong>Financial Inclusion in Africa: How Technology is Bridging the Gap.<\/strong><\/p>\n\n\n\n<p><strong>Financial<\/strong>&nbsp;inclusion in&nbsp;<strong>Africa<\/strong>&nbsp;is being transformed by technology, from mobile money to fintech apps, yet millions of people and small businesses still struggle to access affordable, useful financial services.&nbsp;<strong>Many now have a digital account, but do they truly&nbsp;benefit&nbsp;from it?<\/strong>&nbsp;<strong>How exactly is technology closing the gap&nbsp;and where is it still failing?&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<p>In this blog, we will first look at how far&nbsp;<strong>Africa<\/strong>&nbsp;has come on financial inclusion, then explore the rise of mobile money and fintech, before examining the&nbsp;<strong>role of banks<\/strong>,&nbsp;<strong>AI<\/strong>, and&nbsp;<strong>regulation<\/strong>. We will&nbsp;end&nbsp;with&nbsp;concrete&nbsp;recommendations on how to turn digital access into real financial health for people and businesses across the continent.&nbsp;<\/p>\n\n\n\n<p><strong>1. What is financial inclusion, and why does it matter?<\/strong>&nbsp;<\/p>\n\n\n\n<p>Financial inclusion means that people and businesses can access useful and affordable financial services: payments, savings, credit, and insurance. In many parts of Africa, this has not always been the case. For decades, traditional banks focused on big cities and wealthier customers, leaving millions of people to live and trade only in cash.&nbsp;<\/p>\n\n\n\n<p>When people are excluded from finance, it is harder for them to save safely, grow a business, deal with emergencies, or invest in their future. When small businesses cannot get credit, they struggle to hire, buy equipment, or expand. This slows down growth for the whole economy.&nbsp;<\/p>\n\n\n\n<p><strong>In short: more people using good financial services usually means more jobs, more stability, and more opportunities.<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>Recommendation<\/strong>&nbsp;<\/p>\n\n\n\n<p>To make real progress, countries and institutions need clear goals and reliable data.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Publish inclusion indicators by gender, age, and region (urban\/rural) to\u00a0identify\u00a0which groups are most behind.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Set up yearly monitoring to track the real impact on households and SMEs, not just on account opening numbers.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Define simple national inclusion targets (for example, share of adults with an account, regular usage, basic\u00a0credit\u00a0and insurance access).\u00a0<\/li>\n<\/ul>\n\n\n\n<p><strong>2. Africa\u2019s progress: from cash to digital<\/strong>&nbsp;<\/p>\n\n\n\n<p>In the last 10\u201315 years, Africa has made some of the fastest gains in financial inclusion in the world. A lot of this progress comes from digital tools, especially mobile money.&nbsp;<\/p>\n\n\n\n<p>Here are a few key trends, explained simply:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In many African countries, more people now have mobile money accounts than traditional bank accounts.\u00a0This\u00a0is\u00a0especially\u00a0true\u00a0in East Africa.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Across\u00a0Sub\u2011Saharan\u00a0Africa, a bit more than half of adults now\u00a0has\u00a0some kind of account, but that still means hundreds of millions of people\u00a0remain\u00a0outside the formal system.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Digital channels like mobile money and agent networks have added millions of\u00a0new users\u00a0in\u00a0a short time. In some countries, millions of people got access to formal finance for the first time through their phones rather than through a bank branch.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>However,&nbsp;progress&nbsp;is&nbsp;uneven:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>East and Southern Africa are\u00a0generally ahead.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Central Africa and some parts of West and North Africa still\u00a0lag.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Even in \u201cadvanced\u201d markets, many people only use accounts for simple\u00a0cash\u2011in\u00a0and\u00a0cash\u2011out, not for savings, digital payments, or credit.\u00a0<\/li>\n<\/ul>\n\n\n\n<p><strong>Recommendation<\/strong>&nbsp;<\/p>\n\n\n\n<p>Scaling digital payments means making them easy to use, low cost, and accepted everywhere.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Make transfers between banks, mobile money providers, and fintechs interoperable and affordable.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Prioritize the digitization of salaries, scholarships, pensions, and social transfers.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Encourage merchants, including\u00a0very small\u00a0businesses, to accept mobile and QR payments (for example through tax incentives, lower fees, and support programs).\u00a0<\/li>\n<\/ul>\n\n\n\n<p><strong>3. Mobile money: Africa\u2019s game changer<\/strong>&nbsp;<\/p>\n\n\n\n<p>Mobile money is the star of Africa\u2019s financial inclusion story. Instead of needing a bank branch, people use their phone and a network of local agents (like small shops and kiosks) to:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Deposit\u00a0and\u00a0withdraw\u00a0cash\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Send money to family and friends\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pay bills and\u00a0buy\u00a0airtime\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In some cases, access savings, loans, and insurance\u00a0<\/li>\n<\/ul>\n\n\n\n<p>This model works well for several reasons:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Mobile phones are widespread, even in rural areas.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>People trust local agents in their communities.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Transactions are often cheaper and faster than using cash or traditional bank services.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>But there are still challenges:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Many users still cash out most of their money instead of keeping value in their mobile wallet.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Not all merchants accept mobile payments, so people are forced back into cash.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fees, poor network coverage, and agent liquidity problems can discourage usage.\u00a0<\/li>\n<\/ul>\n\n\n\n<p><strong>Recommendation<\/strong>&nbsp;<\/p>\n\n\n\n<p>Fintech and collaboration can unlock new services for people that traditional banks still do not reach.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Create collaboration spaces (hubs, labs, accelerator programs) that bring together fintechs, banks, regulators, and mobile operators.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Direct part of public funds and development finance toward fintechs that target excluded and underserved populations.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Support embedded finance in agriculture, e commerce, mobility, and other platforms so users can access financial services inside the apps they already use.\u00a0<\/li>\n<\/ul>\n\n\n\n<p><strong>4. Fintech:&nbsp;new players,&nbsp;new ideas<\/strong>&nbsp;<\/p>\n\n\n\n<p>Fintech companies&nbsp;start\u2011ups&nbsp;that use technology to offer financial services\u2014have exploded across Africa.&nbsp;They are building solutions for:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fast,\u00a0low-cost\u00a0payments\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>SME and consumer\u00a0lending\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Savings\u00a0and\u00a0Investment\u00a0apps\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Remittances (money sent across borders)\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Insurance\u00a0and\u00a0micro\u2011insurance\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Often, these fintechs focus on groups that traditional banks overlook: informal traders, gig workers, small farmers, young entrepreneurs, and&nbsp;women\u2011led&nbsp;businesses.&nbsp;<\/p>\n\n\n\n<p>There is also a growing trend called \u201cembedded finance.\u201d Instead of visiting a bank site, people get financial services inside the apps they already use, such as:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>E-commerce\u00a0platforms\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ride\u2011hailing\u00a0and\u00a0delivery\u00a0apps\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Farmer platforms\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Health or\u00a0education\u00a0apps\u00a0<\/li>\n<\/ul>\n\n\n\n<p>This makes finance part of everyday life, not a separate task.&nbsp;<\/p>\n\n\n\n<p><strong>Recommendation<\/strong>&nbsp;<\/p>\n\n\n\n<p>Creation of&nbsp;open ecosystem hubs that bring together:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Banks and microfinance institutions\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Mobile network\u00a0operators\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fintech\u00a0start\u2011ups\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Regulators\u00a0and\u00a0development\u00a0partners\u00a0<\/li>\n<\/ul>\n\n\n\n<p>These hubs would offer shared tools like sandboxes, shared KYC (know\u2011your\u2011customer) systems, and open APIs. In exchange, participants would commit to building products that target clear inclusion goals: for example, loans for&nbsp;women\u2011owned&nbsp;micro\u2011businesses, or&nbsp;pay\u2011as\u2011you\u2011go&nbsp;tools for rural customers. The hub would track impact and share best practices across the ecosystem.&nbsp;<\/p>\n\n\n\n<p><strong>5. Banks and AI: making inclusion sustainable<\/strong>&nbsp;<\/p>\n\n\n\n<p>Banks are still at the&nbsp;center&nbsp;of Africa\u2019s financial systems. But they face pressure: competition from fintechs, changing customer expectations, and the need to stay profitable while serving&nbsp;lower\u2011income&nbsp;segments.&nbsp;<\/p>\n\n\n\n<p>Artificial intelligence (AI) offers them new ways to do this:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Credit scoring<\/strong>: Using\u00a0mobile\u2011phone\u00a0data, payment histories, and other signals to assess risk for people with no formal credit history.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Fraud detection<\/strong>: Spotting unusual patterns quickly, especially on mobile and online channels.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Customer engagement<\/strong>: Sending tailored tips, reminders, and offers, instead of generic messages.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Many African financial institutions are still in&nbsp;early stages. Some are running AI pilots but have not yet scaled them up. Others worry about skills, costs, or regulation. But where AI has been adopted responsibly, organizations report more productive staff, better decisions, and sometimes higher revenues and lower costs.&nbsp;<\/p>\n\n\n\n<p><strong>Recommendation<\/strong>&nbsp;<\/p>\n\n\n\n<p>We&nbsp;suggest an&nbsp;AI\u2011for\u2011Inclusion&nbsp;playbook for banks and large fintechs, focused on three practical steps:&nbsp;<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li>Start with simple,\u00a0high\u2011impact\u00a0use cases: for example, AI credit scores for\u00a0micro\u2011loans, or fraud alerts on mobile transactions.\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li>Put strong guardrails in place: test models for bias (especially against women and youth), explain decisions in simple language, and offer\u00a0easy ways\u00a0for customers to appeal.\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li>Partner with regulators and universities: develop local AI skills, share lessons, and\u00a0co\u2011create\u00a0responsible\u2011AI\u00a0guidelines.\u00a0<\/li>\n<\/ol>\n\n\n\n<p>This way, AI becomes a tool that opens doors, not one that quietly locks people out.&nbsp;<\/p>\n\n\n\n<p><strong>6. The people behind the numbers: women, youth, and rural communities<\/strong>&nbsp;<\/p>\n\n\n\n<p>The numbers often hide big differences between groups. Three stand out:&nbsp;<\/p>\n\n\n\n<p><strong>Women<\/strong>&nbsp;<\/p>\n\n\n\n<p>Women start and run a huge share of Africa\u2019s small businesses, yet they get a tiny slice of formal financing.&nbsp;Many face:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Legal and cultural\u00a0barriers\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Lower\u00a0access\u00a0to\u00a0collateral\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Biased\u00a0credit\u00a0processes\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Closing this gap is not just fair; it can add hundreds of billions of dollars to Africa\u2019s GDP, according to major consulting firms.&nbsp;<\/p>\n\n\n\n<p>Africa has the youngest population in the world. Every year, millions of young people start working\u2014often in informal jobs, gig work, or small hustles.\u00a0Many :\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Do not have a formal job contract\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Do not have\u00a0credit\u00a0histories\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Are\u00a0very comfortable\u00a0with digital tools but not with traditional banks\u00a0<\/li>\n<\/ul>\n\n\n\n<p>If they&nbsp;remain&nbsp;excluded, this becomes a&nbsp;long\u2011term&nbsp;economic and social risk.&nbsp;<\/p>\n\n\n\n<p><strong>Rural and informal communities<\/strong>&nbsp;<\/p>\n\n\n\n<p>Farmers and informal&nbsp;micro\u2011entrepreneurs&nbsp;often live far from branches and have irregular incomes tied to seasons and shocks. Standard bank products do not fit their lives. Without tailored products, they&nbsp;remain&nbsp;stuck in&nbsp;low\u2011productivity,&nbsp;cash\u2011based&nbsp;systems.&nbsp;<\/p>\n\n\n\n<p><strong>Recommendation<\/strong>&nbsp;<\/p>\n\n\n\n<p>Targeted solutions are needed for women, young people, and rural communities who face specific barriers.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Offer young people simple accounts with transparent pricing, small ticket sizes, and\u00a0mobile\u2011first\u00a0interfaces.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Adapt rural products to agricultural cycles (seasonal repayments, weatherindexed insurance, and options that work with weak connectivity or offline).\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Involve local organizations (associations, cooperatives, NGOs, community groups) in co designing and distributing these solutions.\u00a0<\/li>\n<\/ul>\n\n\n\n<p><strong>7. Policy and regulation: making it all work together<\/strong>&nbsp;<\/p>\n\n\n\n<p>Technology alone is not enough. Rules and public policy matter a lot for inclusion.&nbsp;<\/p>\n\n\n\n<p>Helpful&nbsp;policies&nbsp;include:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Allowing\u00a0non\u2011banks\u00a0(like mobile operators and fintechs) to offer certain financial services under clear, proportionate rules.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Building strong digital ID systems so customers can open accounts easily and safely.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Setting up instant payment systems and ensuring they are open and affordable.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Protecting consumers from fraud, hidden fees, and abusive lending.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>When these elements work together, innovation can flourish while customers stay protected.&nbsp;<\/p>\n\n\n\n<p><strong>Recommendation<\/strong>&nbsp;<\/p>\n\n\n\n<p>Supportive and coherent regulation is essential to make innovation both inclusive and safe.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Explicitly integrate financial inclusion into national strategies for development and digital transformation.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Set up regulatory sandboxes to test new inclusive business models in a controlled environment before full rollout.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Strengthen consumer protection rules (clear pricing, simple complaint mechanisms, limits against over indebtedness, and strong data privacy standards).\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Coordinate financial regulators with telecom, data protection, and competition authorities to provide a consistent, enabling framework.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Technology has already reshaped&nbsp;<strong>financial inclusio<\/strong>n in&nbsp;<strong>Africa<\/strong>, but many people still lack access to services that truly improve their daily lives. The priority now is to turn basic digital access into real financial health for women, youth, rural communities, and small businesses.&nbsp;<\/p>\n\n\n\n<p>That means going beyond counting how many accounts are&nbsp;<strong>opened<\/strong>&nbsp;and&nbsp;<strong>focusing<\/strong>&nbsp;instead on how people&nbsp;use&nbsp;financial services, how protected they are, and whether their businesses and&nbsp;<strong>households<\/strong>&nbsp;become more resilient over time.&nbsp;&nbsp;<\/p>\n\n\n\n<p>If public and private leaders align technology, business models, and regulation around these goals,&nbsp;<strong>Africa<\/strong>&nbsp;can move from partial inclusion to meaningful,&nbsp;long\u2011term&nbsp;financial empowerment for everyone.&nbsp;<\/p>\n\n\n\n<p><strong>Source:&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<p>Deloitte:&nbsp;<a href=\"https:\/\/www.deloitte.com\/za\/en\/about\/deloitte-africa-report.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.deloitte.com\/za\/en\/about\/deloitte-africa-report.html<\/a>&nbsp;&nbsp;<\/p>\n\n\n\n<p>Deloitte:&nbsp;<a href=\"https:\/\/www.deloitte.com\/ke\/en\/Industries\/financial-services\/about\/beyond-financial-inclusion.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.deloitte.com\/ke\/en\/Industries\/financial-services\/about\/beyond-financial-inclusion.html<\/a>&nbsp;&nbsp;<\/p>\n\n\n\n<p>Pwc:&nbsp;<a href=\"https:\/\/www.pwc.com\/m1\/en\/publications\/bridging-digital-gap-state-digital-inclusion-mena-region.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.pwc.com\/m1\/en\/publications\/bridging-digital-gap-state-digital-inclusion-mena-region.html<\/a>&nbsp;&nbsp;<\/p>\n\n\n\n<p>African leadership magazine:&nbsp;<a href=\"https:\/\/www.africanleadershipmagazine.co.uk\/the-gender-economy-closing-africas-financial-inclusion-gap\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.africanleadershipmagazine.co.uk\/the-gender-economy-closing-africas-financial-inclusion-gap\/<\/a>&nbsp;<\/p>\n\n\n\n<p>McKinsey:&nbsp;<a href=\"https:\/\/www.mckinsey.com\/industries\/financial-services\/our-insights\/from-potential-to-performance-a-snapshot-of-african-banking\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.mckinsey.com\/industries\/financial-services\/our-insights\/from-potential-to-performance-a-snapshot-of-african-banking<\/a>&nbsp;<\/p>\n\n\n\n<p>Worldbank:&nbsp;<a href=\"https:\/\/documents1.worldbank.org\/curated\/en\/719111532533639732\/pdf\/128850-WP-AFR-Digital-Access-The-Future-of-Financial-Inclusion-in-Africa-PUBLIC.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/documents1.worldbank.org\/curated\/en\/719111532533639732\/pdf\/128850-WP-AFR-Digital-Access-The-Future-of-Financial-Inclusion-in-Africa-PUBLIC.pdf<\/a>&nbsp;<\/p>\n\n\n\n<p>Banque&nbsp;de&nbsp;France&nbsp;:&nbsp;<a href=\"https:\/\/www.banque-france.fr\/en\/publications-and-statistics\/publications\/towards-sustainable-financial-inclusion-sub-saharan-africa\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.banque-france.fr\/en\/publications-and-statistics\/publications\/towards-sustainable-financial-inclusion-sub-saharan-africa<\/a>&nbsp;<\/p>\n\n\n\n<p>DEFIC\u202f:&nbsp;<a href=\"https:\/\/open.uct.ac.za\/server\/api\/core\/bitstreams\/e061d858-ee9e-46b7-a3f6-0516aba21371\/content\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/open.uct.ac.za\/server\/api\/core\/bitstreams\/e061d858-ee9e-46b7-a3f6-0516aba21371\/content<\/a>&nbsp;<\/p>\n\n\n\n<p>World bank:&nbsp;<a href=\"https:\/\/www.worldbank.org\/en\/publication\/globalfindex\/brief\/financial-inclusion-in-sub-saharan-africa-overview\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.worldbank.org\/en\/publication\/globalfindex\/brief\/financial-inclusion-in-sub-saharan-africa-overview<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial Inclusion in Africa: How Technology is Bridging the Gap. Financial&nbsp;inclusion in&nbsp;Africa&nbsp;is being transformed by technology, from mobile money to fintech apps, yet millions of people and small businesses still struggle to access affordable, useful financial services.&nbsp;Many now have a digital account, but do they truly&nbsp;benefit&nbsp;from it?&nbsp;How exactly is technology closing the gap&nbsp;and where is [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"saved_in_kubio":false,"_kadence_starter_templates_imported_post":false,"footnotes":""},"categories":[7],"tags":[98,97,95,90,96,99,100],"class_list":["post-347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ia","tag-artificial-intelligence-in-finance","tag-banking-innovation","tag-digital-banking-africa","tag-financial-inclusion-africa","tag-financial-services-africa","tag-financial-technology","tag-mobile-money-africa"],"_links":{"self":[{"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=\/wp\/v2\/posts\/347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=347"}],"version-history":[{"count":1,"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=\/wp\/v2\/posts\/347\/revisions"}],"predecessor-version":[{"id":349,"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=\/wp\/v2\/posts\/347\/revisions\/349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=\/wp\/v2\/media\/348"}],"wp:attachment":[{"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.nexfing.ai\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}