On April 10, the Brookings Africa Growth Initiative (AGI) and the Alliance for Financial Inclusion’s African Mobile Phone Financial Services Policy Initiative (AMPI) co-hosted regional central bank governors and private sector leaders for a high-level discussion on key challenges to scaling up mobile financial services in Africa. Discussants looked to find shared opportunities for government to work collaboratively with the private sector, and addressed issues such as pricing and flexibility in industry regulations. Importantly, participants noted that a permanent public-private engagement platform in sub-Saharan Africa is key to opening and sustaining dialogue between the business community and policymakers.
AMPI was initiated after a 2011 public event, “Expanding Financial Inclusion in Developing Regions: Economic Growth through Innovations in Mobile Technology,” co-hosted by AGI, the Alliance for Financial Inclusion and the Central Bank of Kenya. For more information on AMPI, please visit their website or contact firstname.lastname@example.org.