Now reading: Guidance on developing a data and analytics strategy

Data and Analytics

The smarter use of data plays a role in all aspects of economic inclusion. Innovative and cost-effective ways to collect, store and analyse data can improve strategic decision-making and enable more client-centric and inclusive product design.

Increasing access and lowering the cost of up-to-date, high-quality traditional and alternative data and can unlock a range of insights to solve challenges.

  • Geospatial data can provide insights on a particular area, such as  financial access points.
  • Analysis of existing transaction data allows tailored financial solutions and new insights on people’s financial behaviour.
  • Machine learning can better assess creditworthiness for clients with no official credit history, and shared client data can open the door to additional services that improve client value.

These developments can enable financial service providers, policymakers and impact investors to optimise the impact of their work through the use of data.

Our work connects decision-makers with the data they need by building on, and showcasing, the existing knowledge base of financial inclusion data and collaborating with a wide range of partners.

Data and Analytics

Guidance on developing a data and analytics strategy

In today’s data-driven world, many organisations recognise the importance of leveraging data insights to make decisions. However, once they attempt to harness and use their internal data, it becomes clear that data is not standardised and is often housed in different siloes of the organisation. Drawing from our experience in

Data and Analytics

Unique challenges and opportunities for Earth Observation in Rwanda

When I travelled the windy road from Kigali to the Volcanoes National Park to hike up Mount Bisoke, I spent most of my time looking out the window in awe at the scenery. The countryside is plotted and pieced together by thousands of fields of different crops. It is not

Data and Analytics

Case study: Enhancing telecommunications connectivity through data analytics

The Government of Rwanda’s ambitious plan to become a cashless economy by 2024 has seen significant efforts and investments in the cashless and digitalisation agenda. These initiatives have led to the adoption of mobile money as one of the most popular financial transaction channels. During the Covid-19 pandemic, the value

Data and Analytics

Open Finance in Africa: Designing context-appropriate approaches for the financial sector

Open Finance can be defined as the sharing of consumer data between financial service providers (FSPs) and/or third-party providers on the basis of consumer consent. Improved use of data and effective data sharing can support a better functioning market by facilitating greater competition and enabling innovation within the financial sector.

Data and Analytics

Digital payments on the rise in the education sector

Education is of fundamental importance to Rwanda’s economy; and the country has high policy priorities in providing access across the country. Primary and secondary education are free but there are other costs such as contributions to the school feeding programmes, books, etc. The education sector faces various challenges including low

Data and Analytics

Digitalisation and financial inclusion in agriculture

Agriculture is the largest sector in the Rwandan economy, with 75% of the adult population generating their livelihoods from the sector. Its contribution to GDP and export earnings is substantial, accounting for 26% of Rwanda’s GDP value added in 2020. As part of the Rwanda Economy Digitalisation Programme, we conducted

Data and Analytics

Digitalisation is an opportunity to accelerate the recovery of the tourism industry

In the past decade, the government of Rwanda has made significant investments in the tourism sector, positioning it as a vital driver of economic development and decentralization, catering to both domestic and international visitors. As part of the Rwanda Economy Digitalisation Programme, we conducted a landscaping study of the tourism

Data and Analytics

Catalysing the use of data and digital technology for tourism in Ghana

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