Now reading: Data privacy in Africa: Regulation and reality

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 sharing and data privacy
Data and Analytics

Data privacy in Africa: Regulation and reality

Ridwaan Boda and Era Gunning of ENSafrica answer questions about data privacy, data sharing and what related regulations mean for financial service providers in Africa.  Do you think it is likely that the commencement of the General Data Protection Regulation (GDPR) in the European Union (EU) will: Result in any African countries

Data and Analytics

Data privacy in Africa: Regulation and reality

Ridwaan Boda and Era Gunning of ENSafrica answer questions about data privacy, data sharing and what related regulations mean for financial service providers in Africa.  Do you think it is likely that the commencement of the General Data Protection Regulation (GDPR) in the European Union (EU) will: Result in any African countries

ustomer due diligence and know-your-customer for Covid19 recovery
Data and Analytics

Smart business intelligence: MYAccounts case study

Micro, small and medium-sized enterprises (MSMEs) play a key role in economic development, but they face challenges in accessing finance. In Uganda alone (as in most other sub-Saharan African countries), MSMEs account for approximately 90% of private-sector production, over 80% of manufactured output and 18% of GDP contribution (National Small Business Survey of Uganda, 2015; Ministry of Trade,

Data and Analytics

Digitising the existing value chain presents new fintech opportunities

Johan Bosini, Quona Capital Venture Partner (Cape Town) shares his excitement about fintech developments and the associated data revolution in Africa. Which sources of data and analytics methods hold the most promise in extending financial services to the underserved in Africa?  I think there are two broad opportunities – one

Tech savvy and digital skills
Data and Analytics

Reporting research results using confidence intervals

This note introduces a tool and approach to assist financial inclusion users in better understanding, interpreting and using their data. Adoption of this tool will enable the entire financial inclusion community to produce better research. This will increase credibility among users, as well as onlookers. Financial inclusion users often have to choose between the

Data and Analytics

Bots provide insight into customer needs

insight2impact (i2i) is exploring how data can be used by financial service providers to create client value and enhance firm value simultaneously. Pieter Vorster, Chief Data Officer for Barclays Africa Group, shares his insights with us. This topic will be further explored during the invitation-only roundtable discussion that i2i will be

Data and Analytics

“Finbiosis” is the future of digital financial services

Lito Villanueva, Managing Director and CEO of Philippines digital financial solutions provider, FINTQ, shares his views on collaboration to further the goal of financial inclusion and the company’s new micro deposits offer.  FINTQ has been successful in forming partnerships with banks. What lessons have you learnt about creating viable partnerships and

remittances
Data and Analytics

The gap between intention and action in financial decision-making

Prof. Hal Hershfield shares some insights on how trade-offs between the present and a future state affect the financial decisions that people make. i2i has a specific interest in financial decision-making. What are the links between behavioural science and individual behaviour when it comes to the take-up and usage of financial services?

Data and Analytics

Optimising the analytical power of GIS data

Webinar #4. The aim is to extend the conversation from the previous webinar which was focused on spatial data collection sustainability to the analytical power of spatial data overlaid with other data sources to inform decision-making. insight2impact (i2ifacility) was funded by Bill and Melinda Gates Foundation in partnership with Mastercard Foundation. The programme was established and

Data and Analytics

Rwanda DataHack4Fi

Datahacks4Fi Presentations Rwanda. insight2impact (i2ifacility) was funded by Bill and Melinda Gates Foundation in partnership with Mastercard Foundation. The programme was established and driven by Cenfri and Finmark Trust.