The African Development Bank, through the Africa Digital Financial Inclusion facility (ADFI), has signed a grant agreement with Y'ello Digital Financial Services, a fintech subsidiary of MTN Nigeria, to be used for a study into economic, religious, and social factors hampering access to finance for women in northern Nigeria.
The research, which includes a feasibility study, women-focused design and testing, will focus on both agents and customers to provide insights into women's use of mobile money services.
To discuss this further SABC spoke to Stefan Nalletamby, Director of Financial Sector Development Department at the African Development Bank.
To listen to the interview: AfDB signs agreement with Y'ello Digital Financial Services - Africa Midday - Omny.fm
For more information on the project: Enhancing access to financial services in northern Nigeria through female agent networks | Africa Digital Financial Inclusion Facility (adfi.org)