A Stronger Voice and Force to Drive Financial Inclusion Priorities in Malawi and Ethiopia

“In Malawi, our DFS association is leveraging members’ expertise to analyze policies and regulations. Once completed, we will engage the government to address the identified gaps. We envision ourselves as a leading force in helping to shape the forthcoming Malawi Digital Economy Strategy and building the digital economy,” shared William Kaunda, Chairperson of Malawi’s DFS (Digital Financial Services) Association. 

Ethiopia’s Digital Financial Service Providers Association strategy focuses on strengthening our collaboration with regulatory agencies through our mixers, industry showcase events, dialogues, etc. Through these activities, we aim to contribute to shaping the regulatory environment and provide a platform for knowledge sharing and collaboration among stakeholders.” Andualem Hailu, Chairperson of Ethiopia’s DFS Association, explained. 

Andualem Hailu and William Kaunda shared these insights during a recent webinar discussing the critical role of DFS associations in driving innovation and inclusion in Africa’s digital economies. With support from UNCDF’s Digital Finance for Resilience (DFS4Resilience)  programme, Ethiopia and Malawi’s DFS associations are working to increase access to financial services and empower underserved communities.

DFS4Resilience is supported by the European Union and the Organisation of African, Caribbean and Pacific States.