======Financing Africa: Through the Crisis and Beyond======
This report provides a comprehensive analysis of Africa's financial systems, highlighting their limited outreach and the innovative efforts to expand access. It emphasizes the role of competition, technology, and demand-side constraints in shaping financial services and suggests a shift from a credit-led to a payment-led inclusion strategy.  \\ 
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^  Quick Facts  ^^
|Report location:  |[[https://foresightfordevelopment.org/sobipro/download-file/46-259/54|source]]   |
|Language:  |English  |
|Publisher:  |<WRAP> 
[[encyclopedia:world_bank_group|World Bank Group]]  
</WRAP>   |
|Authors:  | Issa Faye,  Samuel Munzele Maimbo,  Thouraya Triki, Thorsten Beck, Thorsten Beck, Samuel Munzele Maimbo, Issa Faye And Thouraya Triki  |
|Geographic focus:  |Africa   |

=====Methods=====
The report employs an analytical framework called the access possibilities frontier to discuss policies for expanding financial services. It identifies supply-side constraints like transaction costs and risks, and demand-side constraints like financial literacy. The report suggests that competition and innovation can help reach the frontier, while technology can push it outward.  \\ 
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=====Key Insights=====
Africa's financial systems are characterized by small, concentrated banking sectors with limited outreach. The report discusses various providers, including banks, MFIs, and mobile financial services, and their role in expanding access. It also examines demand-side constraints, such as financial literacy, and the potential of technology to transform financial services.  \\ 
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=====Additional Viewpoints=====
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<span #categories_box> Categories:  {{tag>Africa_geographic_scope}} |  {{tag>English_publication_language}} |  {{tag>access_to_finance}} |  {{tag>africa}} |  {{tag>banking_sector}} |  {{tag>competition}} |  {{tag>demand-side_constraints}} |  {{tag>economy}} |  {{tag>finance}} |  {{tag>financial_literacy}} |  {{tag>financial_systems}} |  {{tag>microfinance_institutions}} |  {{tag>mobile_financial_services}} |  {{tag>policy_reforms}} |  {{tag>technology}}   </span>  


~~DISCUSSION~~