Now reading: Michaella Allen

Michaella Allen

Michaella is a Senior Associate working within inclusive digital finance, with a particular focus on insurance, payments, remittances, and Central Bank Digital Currencies (CBDC) space and has been a part of the team since 2018

She is responsible for exploring opportunities for building resilience among low-income individual and small businesses; and has conducted diagnostics on the role insurance can play in economic development. On the payments side, Michaella is evaluating the benefits, risks and use cases for CBDCs, and understanding the link between remittances flows and migration in sub-Saharan Africa. This includes reviewing global innovations in know-your-customer compliance, conducting evaluations of global identity proxy initiatives for national payment systems, assessing the efficacy of national payment systems, monitoring the expansion of agent networks in Africa to inform private sector strategies, and segmenting consumers to better understand the financial needs of the underserved 

Michaella was also the primary liaison between Cenfri and the Digital Fiat Currency focus group at the International Telecommunications Union, as well as a research contributor. Prior to joining CenfriMichaella conducted research at the Labour Research Service and completed an internship at the South African Reserve Bank in the Economic Relations Policy Department. 

  • Masters in Economics specialising in Economic Development (with distinction), University of Cape Town
  • Honours in Economics (with distinction), University of Cape Town 
  • Bachelor of Social Science in economics and politics (with distinction), University of Cape Town 

Recent Work by Michaella Allen
Insurance regulation and innovation: An assessment of 8 African insurance markets
To support regulatory authorities in sub-Saharan Africa in promoting inclusive insurance market development, there is a ...
What will it take to build innovative insurance markets in Sub-Saharan Africa?
Despite the best efforts of sub-Saharan African (SSA) insurers, most African citizens ...
Lessons on improving remittance access in Africa
Learnings from the ...
Holistic resilience solutions for Egyptian MSMEs
Key insights on opportunities to better serve Egyptian MSMES    ...
CBDC for emerging markets: realities and expectations
Cenfri has deepened its work on CBDC amid growing interest from central banks ...