Promote the economic empowerment of women and youth in Chad through digital financial and non-financial services
Government of Chad
Africa has a gender-inclusion gap of 12% as compared to the global average of 4%, according to the 2021 Global Findex Report. This gender gap is wider in West Africa, with a Gender Disparity Index of 0.825 compared to the African average of 0.871.
Gender inequality in West Africa is driven by a combination of factors such as unequal opportunities in education and economic development. Women form the bulk of the informal trade sector and it is estimated that 70% of the female population is in vulnerable employment with limited or no access to digital financial services.
This project aims to execute a gender gap analysis on digital financial services (DFS) policies and regulations to foster gender mainstreaming. As policy and regulatory reforms impact all citizens in a country, the project will potentially affect 350 million people in all 15 member states of the Economic Community of West African States (ECOWAS).
With the overall goal to achieve a harmonised gender-centric digital financial inclusion framework for use by the digital financial inclusion (DFI) ecosystem stakeholders across the ECOWAS countries, this initiative will focus on the Regional Payments Framework Gateway as a strategic entry for the conduct of the gender gap analysis. The framework has five key components:
Government of Chad
Africa Fintech Network
Y’ello Digital Financial Services (YDFS), Nigeria
West Africa Monetary Agency (WAMA)
Pula Advisors Limited, Kenya
Sinitic Africa and Bankable Frontiers Associates Global (BFA)
EthSwitch Share Company
Africa Cybersecurity Resource Centre
Developing and deploying an interoperable and inclusive digital financial services payment platform across the WAEMU zone