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financial inclusion

Growth and financial inclusion: Where is Tanzania today?

Bella Bird's picture
© Venance Nestory/World Bank


Two Tanzanian entrepreneurs: Hadiya and Mzuzi. Hadiya has built a successful micro-business taking advantage of mobile money services, including money transfers and savings products that are low cost and safe, as well as short term micro-loans. But Mzuzi, the owner of a small, 10-person enterprise, is facing a financial crisis despite huge personal drive and inventiveness because of his inability to access credit to expand.

Finance numérique : quoi de neuf en Afrique de l’Ouest ?

Estelle Lahaye's picture
Cette page en : English
Photo: Philippe Lissac, 2011 CGAP Photo Contest


Même si la route reste encore longue, l'Union économique et monétaire ouest-africaine (UEMOA) a accompli des progrès intéressants en matière d’inclusion financière en développant ses services financiers numériques (SFN).

Improving the Odds of Being Formally Financially Included in Senegal

Siegfried Zottel's picture
Also available in: Français


While most adults in developed countries have an account at a bank or another formal financial institution, this is not the reality in many developing countries, including Senegal. A recent World Bank Group (WBG) Financial Capability Survey revealed that less than one in five Senegalese adults (17%) report owning an account at a formal institution, which includes banks, microfinance institutions, or e-money agents. While Senegal’s financial inclusion levels are similar to those in other lower-middle income economies, the country lags behind the average inclusion rate among Sub-Saharan African economies.

Digital Financial Services for Cocoa Farmers in Côte d’Ivoire

Corinne Riquet's picture
Also available in: Français


Smallholder farmers, even those in structured value chains such as cocoa farmers in Côte d’Ivoire, are largely unable to access banks, microfinance institutions and other formal financial institutions. Providing meaningful financial services to these customers in an affordable and sustainable manner is a great challenge.