‘Why over 500 million Africans lack reliable means of identification’ - Vanguard News Nigeria

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‘Why over 500 million Africans lack reliable means of identification’ - Vanguard News Nigeria
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‘Why over 500 million Africans lack reliable means of identification’ vanguardngr.com vanguardnews

The Senior Financial Sector Specialist at the World Bank, Sharmista Appaya, who explained this, said that this constitutes major barrier to their inclusion in formal systems.

FIGI is a three-year programme of collective action led by ITU, the World Bank Group and the Committee on Payments and Market Infrastructure, with support from the Bill & Melinda Gates Foundation. It aims at advancing research in digital finance and accelerating financial inclusion in developing countries.

The report further revealed that at least 10 of the 17 SDGs will require an enabling foundation of coherent ID programs.

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