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Africa Regional Cooperation

PRESENTED BY

AMPI CHAIR, PROFESSOR NJUGUNA NDUNG’U, CENTRAL BANK OF KENYA

12TH SEPTEMBER 2013

PROGRESS REPORT ON AFRICA MOBILE PHONE FINANCIAL SERVICES POLICY

INITIATIVE (AMPI)

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The 2013 AFI Global Policy Forum | Driving Policies for Optimal Impact

INTRODUCTIONThe Zanzibar Forum, March 1-2, 2012, Zanzibar, Tanzania

Objective: To identify challenges that limit scaling-up financial services using mobile technologyDiscussed key policy solutions to accelerate financial inclusion. > Regulators to take into account private sector

value propositions> Agent network essential for growth of MFS> Proportionate regulation is required to spur growth

of MFS> Use of AFI forums to solve problems through peer

learningEstablish a continental wide mobile policy initiative structure that will provide leadership direction and technical inputs to countries to scaling up MFS: Idea of AMPI is conceived by the leaders present

AFI GPF, September 26-28, 2012, Cape Town, South Africa

Objective: To make financial inclusion real by using business and technological innovations and applying smart policies

Discussed key policy initiatives to make financial inclusion real.

Financial Inclusion’s impact on the real economy AFI transition to independence Leaders’ report on progress of the commitments

made in Riviera Maya Strategic approaches for financial inclusion Breaking the barriers of mobile financial services Financial education as a critical success factor

for financial inclusion and consumer protection AFI members from Africa agreed to organize the

inaugural Leaders’ Roundtable, and to launch, AMPI in first quarter of 2013.

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INTRODUCTION

AMPI is a policy framework for African AFI members to enhancefinancial inclusion through Mobile Financial Services (MFS) acrossAfrica.

Official launch in Zanzibar, Tanzania on 15th February 2013 by 18African Alliance for Financial Inclusion (AFI) members whocommitted to Zanzibar Declaration on advancement of MFS in Africa.

Main objective is to enhance financial inclusion in Africa through :-> Determining effective policy solutions to advance MFS in Africa;> Providing a peer learning platform for the initiative’s members, and> Facilitating high-level discussions among key players in the MFS

ecosystem - comparative research and case studies, knowledgeexchange visits and technical workshops.

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AMPI Corporate Governance Structure

AMPIAfrican MFS Policy Initiative in AFI

Chair Vice Chair

Leaders Roundtable(comprised of 18 Founders)

• Vision, high-level leadership• Overall consultation with stakeholders• Strategic guidance• Annual meeting

• Virtual helpdesk facilitated by AFI MU• Information, implementation, support• Coordination with other AFI WG Groups• Collaboration with stakeholders• Technical contact point for African AFI

members on MFS policy and regulatory issues

AMPI Help DeskWAEMU WAMZCentral

AfricaSouthern

AfricaEastern Africa

Northern Africa

BCEAOCentral Bank of Nigeria

Central Bank of Congo (DRC)

Bank of Zambia

Bank of Republic of Burundi

TBC

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Key Activities Organisational set up of AMPI Help Desk including establishment of virtual help desk and

website portal.

Conducting of comprehensive needs assessment to determine the needs and appropriate assistance to provide to member countries at different levels of MFS development.

Establishment of information database to enhance knowledge and information sharing amongst policymakers and related players on Mobile Financial Services (MFS).

Facilitating of capacity building initiatives to enhance peer learning on MFS. This will be achieved through face to face meetings, regional workshops and knowledge exchange programs among member institutions.

Working with the stakeholders to formulate MFS policies, products, rules and regulations to broaden financial inclusion amongst the financially excluded.

Share emerging lessons from AMPI with the wider membership of the AFI Network.

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Setting up of the Help Desk and Organisational Set up

Establishment of six regional help desks (Eastern, Central, Southern, WAEMU andWAMZ) and AMPI focal point in AFI

Meeting of AMPI Chair and Leaders of Help Desk member institutions during theG24/AFI meeting in Washington D.C. on 18th April 2013 which approved AMPI workplan.

Setting up of AMPI Group on AFI Member Zone

Drafting of guidelines and working rules for the Help Desk

Needs Assessment

Documentation on potential priority areas for AMPI following the Inaugural Leaders’Roundtable

Conducting comprehensive needs assessment on MFS related issues

Status of 2013 Year Plan Activities

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AMPI members Capacity Building Inaugural Face-to-face meeting of the AMPI Help Desk meeting, 9th July 2013.

Discussed the operationalisation of the Help Desk - guidelines, working rules and activities of the workplan.

Participation in the GSMA 5th Mobile Money for Unbanked Leadership Forum in Nairobi, 10th –11th July 2013.

Promoted understanding between all key mobile money stakeholders on the policy and criticalregulatory issues surrounding digital financial inclusion.

Knowledge exchange visits to mobile financial services agents

AMPI Public- Private Sector AMPI Session, 11th July 2013

Reflected on the challenges and opportunities for MFS across Africa and ways that AMPImembers and the private sector can mutually create inclusive financial systems and cash-liteeconomies.

Receiving and Responding to members specific needs on MFS related issues as and when they arise – Requests received from Central Bank of Sierra Leone and Central Bank of Republic of Guinea.

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Status of 2013 Year Plan Activities

Way Forward Finalising and rolling out 2013-2016 AMPI strategy Capacity Building – peer learning and evaluation Evidence based policy development Information gathering and dissemination: Country profiling and

needs assessments Member Engagement 2nd African Leaders Roundtable meeting scheduled to be held in

February 2014 in Kenya to deliberate on strategic issues identified in 2013.

Facilitation of private sector roundtable during the 2nd AMPI Leaders’ Roundtable.

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T hank you for your attention!

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Background

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• The AMPI Help Desk is a virtual network secretariat which role is to undertake the technical coordination of AMPI activities towards the achievements of its objectives and goals.

• The AFI Management Unit coordinates and provides support to the activities of the Help Desk.

• The Help Desk receives additional support from policymakers and regulators, members of AFI, as needed

Key functions / responsibilities

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• Management

Prepare the draft annual Work plan for AMPI activities;

Prepare the draft Agenda for AMPI Meetings; Provide feedback to the AFI Management Unit

regarding the regional situation of MFS regulations and policies;

Key functions / responsibilities

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• Policy support

Provide technical and advisory support to AFI members in Africa on MFS issues;

Respond appropriately to AFI members from Africa request on MFS issue and propose adequate policy solutions ;

Gather information and data on MFS related issues; Conduct needs assessment on MFS related issues

amongst AFI African Members; Conduct activities related to knowledge sharing key

MFS challenges and tested/proposed solutions.

Main accomplishments

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• Develop the guidelines and working rules for the Help Desk;

• TORs for information sharing among AMPI and stakeholders;

• Policy country profile template;

• MFS fact sheet template;

• Discussions with Central Bank of Sierra Leone and Central Bank of Guinea to organize workshop;

• Action plan for 2013.

key lessons

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• Strategic plan

• Time allocation;

• Outreach and cooperation;

• Expertise;

• Coordination and partnership;

Next steps

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• Policy country profiles (October 2013);

• MFS fact sheet (November 2013);

• Central Bank of Sierra Leone / peer review / knowledge exchange / sensitization workshop;

• Needs assessment (November / December 2013);

• Strategic plan (January 2014)

• Meeting in February 2014

Contact persons and detail

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Sub-regions Institutions Contact Person

West African Economic and Monetary Union (WAEMU)

Central Bank of West African States (BCEAO)

Ms. Maimouna Gueye [email protected]

West African Monetary Zone (WAMZ)

Central Bank of Nigeria Mr. Salisu [email protected]

Central Africa Central Bank of Congo (DRC) Mr. Valentin Claude RAMAZANI [email protected]

Southern Africa Bank of Zambia Mr. Lazarous [email protected]

Eastern Africa Bank of Republic of Burundi Ms. Diane Jocelyn [email protected]

Northern Africa An Institution will be nominated in due course

Representative of the Chairperson

Central Bank of Kenya Ms. Evelyn [email protected]

Coordinator AFI Management Unit Mr. Abdoul Anziz Said [email protected]

mailto:[email protected]






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