Financial Inclusion in Africa in an Era of Internet Shutdowns

By Selassie Tay |

The World Bank estimates that 1.7 billion people globally are without any form of financial account as at 2018. In Sub-Saharan Africa, data from the International Finance Corporation (IFC) shows that the level of financial inclusion grew from 23% in 2011 to almost 43% in 2017, with a significant proportion attributed to digital financial services such as mobile money.

However, the…