Drawing on a decade of Global Findex data, this blog highlights financial inclusion progress in Sub-Saharan Africa, where account ownership has more than doubled since 2011 – to 49% of adults. Yet, significant gaps remain for women. The region’s gender gap in account ownership (12%) is double the average for developing economies. Account ownership also varies widely between countries, from just 6% in South Sudan to 80% in Kenya
Blog » A Decade of Change: The Surge of Financial Inclusion in Sub-Saharan Africa (2024)
A Decade of Change: The Surge of Financial Inclusion in Sub-Saharan Africa (2024)
Drawing on a decade of Global Findex data, this blog highlights financial inclusion progress in Sub-Saharan Africa, where account ownership has more than doubled since 2011 – to 49% of adults. Yet, significant gaps remain for women. The region’s gender gap in account ownership (12%) is double the average for developing economies. Account ownership also varies widely between countries, from just 6% in South Sudan to 80% in Kenya