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Webinar by SAFIN, Marketlinks, Aceli Africa: Nudging the local financial marketplace

8 May 2024 | 14:00 to 15:00 CET | Virtual

Financial service providers like commercial banks, non-bank financial institutions, cooperatives and microfinance institutions are front-line couriers of loans in local currencies to agricultural SMEs in sub-Saharan Africa. Given their wide coverage in local markets, financial incentives such as guarantees or first loss facilities that are meant to entice them to extend more loans to these enterprises are growing in popularity. But what level and types of incentives work best for banks in Africa? Which other incentives have worked elsewhere that may be applied in the region? Will financial incentives change their behaviour in the long term? The third session of โ€˜Backing the Middleโ€™ will unpack these questions.

This final session is co-organized by SAFIN, Marketlinks and Aceli Africa, and is part of SAFIN and USAID’s โ€˜Backing the Middleโ€™ webinar series.ย 

Speakers

Andrew Ahiaku, Director and Head of Financial Sector, Aceli Africa (Moderator)

Phyllis Wanjiku Kimani, Chief Retail Officer, Family Bank

Evans Martin Nakhokho, Chief Manager, Centenary Bank

Henry Bwogi, Director of Retail and Business Banking, Tanzania Commercial Bank

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