Despite experts noting gains in financial inclusion, several factors still exacerbate gender disparity in terms of access to banks and finance across Africa. /CFP Experts urge banks to do more for financial inclusion of women Published on:Read 3 minutesThe advancement of technology, especially mobile telephony and mobile banking, has helped millions of people in Africa access banking and finances. In particular, many women who were previously left out of the financial ecosystem, can now access banking and other financial services and take part in the regional and global economy. Moses Munguti, Lead Technical Expert for East Africa at Kaspersky, also called on financial institutions to exploit artificial intelligence (AI) to enhance aspects of financial inclusion. Munguti noted that AI can help women enjoy the same access to financial services as men.

Source: The North Africa Journal March 09, 2024 15:15 UTC