SERIES 5: Women Bankers for Women Entrepreneurs:
A Post 2020 strategy for success - November 19.
A moderated discussion with a focus on Women Bankers for Women Entrepreneurs: A post 2020 strategy for success with attention to different ways to boost financial inclusion in Africa, conducting more gender-segmented research, adapting collateral registries and adoption of mobile money services in Africa.
- The different ways to boost financial inclusion in Africa: Increasing women’s formal financial inclusion will yield knock-on effects for African economies.
- African banks can tailor banking services and products to women in order to address their specific needs
- How banks need to conduct more gender-segmented market research in order to design products that meet women’s needs.
- The role of governments in offering financial literacy training and upscaling digital literacy levels among women
- The adoption of collateral registries, which accept a broader class of assets as security and intangibles: This can help women access credit as they are more likely to own moveable assets.
- Adoption of mobile money services in Africa, and how they meet women’s unique financial needs.
"We need women champions internally in all organizations as well as externally to get the financial inclusion equation right."
"The Government has to reach the banks and work together with financial institutions to enable women to have access to financing."
"We have to embrace 'Phygital' Banking (physical+digital) to give women a dignified way to borrow and access capital. Also we need to level the playing field for women.”