Cenfri contributes to building the fundamentals of welfare-enhancing digital economies. We prioritise digital transformation that is inclusive, sustainable, opportunity-creating and has appropriate safeguards. Digital transformation underpins much of our work and ranges from payments digitalisation to digital economy diagnostics, and digital skills assessments to direct digitalisation support. Cenfri also collaborates with policymakers and other public and private sector stakeholders in data-driven decision-making that is calibrated to the data available and is designed to strengthen the existing skills and data governance processes within these organisations. The Rwanda Economy Digitalisation Programme is our flagship evidence-informed policymaking and data-for-decisions intervention, but we have considerable experience in using evidence to generate insights and inform policymaking and business decision-making with a view to improved economic development outcomes. Our expertise in data, payments and digital identity enables us to contribute to current DPI (digital public infrastructure) conversations. |
The promise of open finance has led to a rapid proliferation in countries exploring implementation globally. However, it also comes with costs and risks—particularly as highly sensitive personal information is being made shareable. For African regulators and policymakers, open finance is an important emerging trend that requires a clear understanding
Ghana’s tourism industry presents an exciting landscape for growth, offering significant potential for youth employment and entrepreneurship. However, an effective digital presence is a prerequisite for competitiveness in the global tourism sector and in Ghana, digital technology adoption among tourism operators remains nascent. Data and digital technology increasingly enable tourism
Exploring Africa’s digital-platform economy and financial services The digital-platform economy and its potentially disruptive qualities have been a source of excitement and anxiety globally. In the African context, this debate has taken place largely in the absence of information on the size and nature of platform players. This focus note
Case study: Kenya The majority of mobile-money flows continue to be dominated by cash-in and cash-out (CICO) transactions. This has led to the increasing belief that widely distributed networks of agents are essential access points for consumers, especially in rural and remote regions, to facilitate CICO needs. It is accepted
DataHack4FI country winner discovering the prospect of using financial management and accounting systems to generate credit scores Almost half the micro-, small, and medium-sized enterprises (MSMEs) in Zambia – comprising approximately 80% [1] of Zambia’s private-sector businesses – perceive the lack of access to credit as a significant hurdle to their
Traditionally, actuaries find themselves poring over mortality tables and calculating complicated risks with limited data, particularly in emerging markets. With the advent of the fourth industrial revolution, this is changing. The world seems to be revolving around data. Data is making our lives more convenient. We have fridges that order
Insights from an expert workshop on the potential of African digital platforms to influence development African digital platforms are giving rise to new financial needs; creating and bridging barriers to financial and economic inclusion; and revolutionising the informal economic activities of merchants and individuals. These platforms can have both positive
This two-part note series explores the state of national and regional payment systems in sub-Saharan Africa (SSA). Note 1 explores themes and imperatives for national and regional payment systems that enable remittances. It provides an overview of the regulatory frameworks in SSA and the principles to be considered to mitigate risks
Targeting small businesses with personalised business advice and predicting successful loan applications Micro, small and medium-sized enterprises (MSMEs) play a key role in economic development, but they face challenges in accessing finance. This case study explores a Tanzanian initiative that aims to support MSMEs – particularly those owned by women and youth –
The past decade has seen the emergence of digital platforms. These digital platforms (also known as multi-sided platforms[1]) connect buyers and sellers of goods and services and allow them to seamlessly transact with one another. They are providing new ways for workers, micro, small and medium enterprises (MSMEs), and consumers
Paul Damalie, CEO of Inclusive Innovations Inc., and winner of the Ghana leg of DataHack4FI Season 2, explains how he is growing his digital identity business. You started the business in 2016. Tell us about your journey in building an African identify solution. After completing high school, I joined an insurance
