Players in the financial inclusion space have intensified efforts aimed at reducing the number of unbanked population in Ghana. A recent study conducted by the Financial Sector Deepening Africa has shown that the percentage of the unbanked population currently stands at 45 percent. However banks and their allied institutions believe the gap could be bridged … Read more
Vice-president Alhaji Dr Mahamudu Bawumia has observed that an enhancement of the mobile money transfer system to ensure transfers across networks will help in stepping up efforts at bringing banking services to the majority of Ghanaians who remain unbanked. “This is a very important issue, one that all stakeholders should turn their attention to because … Read more
The African Development Bank (AfDB) and the Alliance for Financial Inclusion (AFI) signed a Memorandum of Understanding (MoU) to enhance access to quality financial services on the continent on Tuesday, January 31, 2017, in Abidjan, Côte d’Ivoire. The agreement aims to create a collaboration framework to promote financial inclusion in Africa. This partnership is aligned … Read more