Promoting women and youth financial inclusion for entrepreneurship and job creation: A comparative study of selected sub-Saharan African countries
This project, which is being implemented with the African Centre for Economic Transformation, is a comparative study of selected African countries’ experiences with the financial inclusion of women and youth. It will examine the current state of financial inclusion in Guinea Conakry, Sierra Leone, and Zambia, including the role of digital financial services in expanding access, and the impact of financial inclusion on women’s and youth’s entrepreneurship.
The study will take stock of the process and product innovations aimed at deepening and broadening financial inclusion beyond the traditional male clients; document the experiences of adult women, young men, and young women’s financial inclusion, in terms of access, quality, usage, and welfare; document how financial inclusion of women and youth enables them to leverage entrepreneurship opportunities, especially micro-enterprise start-ups; and identify and evaluate the effectiveness of existing financial inclusion initiatives and their relative success or failure in achieving desired goals.
The study will identify specific challenges and roadblocks to the implementation of national strategies for financial inclusion and provide recommendations for improvement. These recommendations will aim to provide specific insights for service providers, regulators, and other key stakeholders.