Across Africa, young and creative minds, many inspired by their entrepreneurial mothers, are finding new pathways to ease the upliftment of African communities. The missing link is often access to financial data, which is becoming less of a challenge ...
, the shared value of the human experience made public, private and civil society organisations collaborate to reverse the impact on human progress. For some of these solutions, the delivery was enabled by leveraging payment infrastructures to alleviate the burden on the community.was designed to bridge the gap to recovery. Nancy Gomez, a hair salon owner, could access financial help through a simplified process unlocked by an SMS.
This reality is changing now as young people across the continent and in Central Asia have witnessed first-hand the opportunity that their mothers could not realise. The missing link is often access to financial data, which is becoming less of a challenge for enterprising African women and youth.built a solution to help small business owners digitise their businesses, including payments, point of sale and access to credit, via a mobile device.
We must recognise the value that lies in the core capabilities that are required to address the following three critical enablers: regulation that enhances interoperability within and across borders; financial education with a critical module of consumer protection; and connectivity in peri-urban and rural areas.who makes the case for us to uncover the hidden opportunities of the informal economy.
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