Kenya

Three key findings that show that financial equality is within reach in our lifetime

New data from the World Bank’s Global Findex Database 2021 confirms the centrality of digital payments in reaching financial equality for all. 

Kenya's National Payments Strategy 2022-2025

The 2022-2025 strategy envisages a secure, fast, efficient and collaborative payments system that supports financial inclusion and innovations for all Kenyans.

LEARNING SERIES >> Our learnings from digitizing P2G payments in a customer-centric way

Successful digitization of P2G payments and its widespread adoption by users is achievable - but depends on the alignment of various important factors.

LEARNING SERIES >> What will it take for small merchants to embrace digital payments?

Small merchants exert a big influence on the global economy.

LEARNING SERIES >> Working together to prioritize merchant payment digitization and co-create solutions

Scaling digitization of payments for small and micro merchants by convening key stakeholders to co-create solutions.

La Côte d’Ivoire, leader des paiements marchands digitaux dans l’UEMOA et chantre de l’inclusion financière des femmes

Le Gouvernement ivoirien dévoile son nouveau guide d’orientation pour stimuler les paiements marchands digitaux de manière responsable, l’inclusion financièrej et la croissance

Putting Digital Payments to Work in the Time of COVID-19

As the tragic human costs of COVID-19 mount, the need for practical, scalable, quick and effective solutions is urgent. Now more than ever, it’s time to put digital payments to work.

Digital Economy Blueprint: Kenya

Kenya’s “Digital Economy Blueprint” provides a conceptual framework for setting up a successful digital economy in the country. The document identifies and explores five pillars of focus and is relevant for our work not just in Kenya but across Africa.

How to consolidate gains in digital payments

This CG Dev paper, by Professor Njuguna Ndung’u, shows how M-Pesa’s success has led to a series of endogenous innovations that have shaped Kenya’s digital space. It outlines several important challenges that Kenya will need to address in order to further consolidate its success, including connectivity issues, digital ID, interoperability and consumer protection.

State of financial access in Kenya

The latest Financial Access 2019 survey shows that around 83% of Kenyans now have a formal account. Cost remains the main barrier for uptake. More Kenyans now save on their mobile phones (54%) than informally. 

Extending pension coverage to the informal sector

This World Bank discussion paper argues that digital payments, along with other policies and tools, can help extend pension coverage to the informal sector in Africa. It also features case studies from 5 Alliance members namely Kenya, Rwanda, Benin, Ghana, and Uganda.

Distributed Ledger Technology and Digital Identity: Prospects and Pitfalls Ahead

Blockchain Series: Blog 4

L’Agence de la Couverture Maladie Universelle du Sénégal lance une nouvelle plateforme numérique « sunucmu.com »

Communiqué de presse de l’Agence de la Couverture Maladie Universelle du Sénégal (ACMU)…

Next Steps for the Digital Revolution in Africa: Inclusive Growth and Job Creation Lessons from Kenya

This paper provides examples of how digitization in Kenya has supported the economy via a retail electronic payments system, financial inclusion, increased financial sector vibrancy, and pushed GDP growth with it.

Fintech for Financial Inclusion: A Framework for Digital Financial Transformation-A Report to the Alliance for Financial Inclusion (AFI)

The paper outlines potential for growth for FinTech for financial inclusion while emphasising on the need for regulatory approaches , citing some successful cases from India , Kenya and China.

Driving to Scale: Bim’s Journey to Digital Financial Inclusion in Peru

Interview with Felipe Vásquez de Velasco, General Manager of Peruvian Digital Payments (PDP)

The Digital Payments Opportunity: A Conversation

This blog was originally published on BSR.org…

Why having less cash can mean a better life

A third of adults struggle to get by without basic financial services to protect against hardship and save for the future. Ruth Goodwin-Groen, of the UN-based Better Than Cash Alliance, expl…

Digital systems hasten service delivery

A Roundup of Our Latest Research

A roundup of our latest reports and case studies