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Building back better: African Development Bank to launch Strategy for Economic Governance in Africa

Building back better: African Development Bank to launch Strategy for Economic Governance in Africa Building back better: African Development Bank to launch Strategy for Economic Governance in Africa What:     Launch of the Strategy for Economic Governance in Africa 2021-2025 Who:      The African Development Bank When:     Friday, 2 July 2021, 10:30-11:30 GMT Where:    Virtual On Friday, 2 July 2021, the African Development Bank will launch a comprehensive five-year Strategy for Economic Governance in Africa (SEGA). The strategy will serve as the Bank’s operating manual for fostering public sector effectiveness at national and sub-national levels by stimulating structural transformation in Africa, and ensuring that citizens, communities and civic groups participate in public sector governance.

Pula Advisors & M-KOPA receive AfDB funding to research on women s access to digital financial services

Shares Pula Advisors and M-KOPA have received received funding from AfDB to research on women’s access to digital financial services. The African Development Bank (AfDB) has approved the two grants for research that will increase African women’s access to digital financial services including loans and micro-insurance. The grants, for Ksh. 110 million ($1 million) and Ksh. 33 million ($300,000) respectively, will be disbursed through the Africa Digital Financial Inclusion (ADFI) facility. The facility, supported by the AfDB, will then relay the funds to two financial technology firms, Pula Advisors and M-KOPA. Pula Advisors will use the Ksh. 110 million for research of social, cultural and economic factors that impact women farmers’ access to micro-insurance in Kenya, Nigeria and Zambia. Research findings will inform the design and implementation of gender-centric insurance products. The project will be undertaken over a 3-year time frame.

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