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Egypt to Host Largest Int'l Conf. on Financial Inclusion on Sept 13

Source: www.export-egypt.com 9/5/2017, Location: Africa

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Egypt will host the largest international conference on financial inclusion in the Red Sea resort of Sharm el Sheikh on September 13.

More than 94 states and 119 international institutions will take part in the three-day event which is held under the auspices of the presidency and the cabinet.

In statements to MENA, Central Bank of Egypt (CBE) Sub-Governor Mai Abul Naga said the CBE organizes the conference which will be held for first time in Egypt in collaboration with the Alliance for Financial Inclusion (AFI).

The alliance organizes a financial inclusion conference annually. The first was held in Kenya in 2009. Similar gatherings were held in Indonesia, Mexico, South Africa, Malaysia, Mozambique and Fiji.

The Alliance for Financial Inclusion empowers policymakers to increase access to quality financial services for the poorest populations.

The AFI was founded on the idea that a global knowledge exchange platform was key to expanding and improving financial inclusion policy.

Over the years, the AFI network, with the support its funders and partners, has invested deeply in this platform, and data shows the model is delivering tangible results.

AFI is led by its members and partners, central banks and other financial regulatory institutions from developing countries.

AFI’s members serve to give voice to the opportunities and challenges facing the unbanked.

The network includes members from more than 90 countries working together to accelerate the adoption of proven and innovative financial inclusion policy solutions with the ultimate aim of making financial services more accessible to the world’s unbanked.

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