Financial inclusion is vital in achieving inclusive sustainable growth and development as well as reducing poverty. Important measures are been implemented to improve financial inclusion in Africa as a number of countries have committed to the Maya Declaration and the G20 financial inclusion action plan. It uses four dimensions to evaluate these countries: country commitment, mobile capacity, regulatory environment, and the adoption of traditional and digital financial services. According to the report, here are Africa’s most financially inclusive countries:KenyaKenya leads the way as the most financially inclusive country in Africa. The FSDP has developed action plans for strengthening financial inclusion, financial education, and financial literacyAs of 2012, with the adoption of FSDP, access to financial services has grown from 47 percent to 72 percent of the population.

Source: The North Africa Journal August 18, 2016 20:48 UTC