Making Finance Work for Africa (MFW4A), a partnership based in Tunisia between 13 development institutions launched in 2007 that focuses on promoting financial sector development in all of Africa, has launched the Stakeholder Engagement Web Portal, a web-based doorway to all the organization’s stakeholder’s activities across continent. [1]
The Stakeholder Engagement Portal delivers information on the Stakeholder Working Groups (SWG), three groups of approximately 100 representatives that work under specific themes of African finance: Agricultural Finance, Banking Regulation and Supervision and Small and Medium-Size Enterprise (SME) Finance. The portal also reports on the activities of the Advisory Council, a governance body of MFW4A that directs dialogue between stakeholders and development partners and identifies priorities for the organization [2]. The site covers events, financial deals, and meetings between stakeholders to discuss financial agendas for the future.
MFW4A also launched an online Stakeholder Profile Catalogue on the web portal, which offers a range of information on each stakeholder. Reportedly, the Catalogue is going to possess an interactive map feature in the future to show where the stakeholders’ activities are located by country. In a statement attributed to Stefan Nalletamby, the Partnership Coordinator, the Web Portal offers “a greater visibility” on the activities of the stakeholders.
By Meghan Gillis, Research Associate
About Making Finance Work for Africa (MFW4A)
The Making Finance Work for Africa (MFW4A) Partnership was launched in October 2007 by the G8, a multilateral forum comprised of eight country members. Its mission is the establishment of a common platform for the harmonization and facilitation of financial sector development and knowledge in Africa. The partnership brings together donors, African governments, the private sector and other financial sector stakeholders with the aim of unleashing the potential of Africa’s financial sector in order to drive economic development and reduce poverty across the continent.
Sources and Additional Resources
[1] Making Finance Work for Africa: “Message from the Coordinator,” http://www.mfw4a.org/message-of-the-coordinator-5.html
[2] Making Finance Work for Africa: “Stakeholders Engagement,” http://www.mfw4a.org/stakeholders-engagement
MicroCapital story, March 12, 2013, “MICROCAPITAL BRIEF: Uganda’s Insurance Regulator, Making Finance Work for Africa (MFW4A), Access to Insurance Initiative (A2ii) Seek to Expand Access to Microinsurance, Perhaps Mobile Money,” https://www.microcapital.org/microcapital-brief-ugandas-insurance-regulator-making-finance-work-for-africa-mfw4a-access-to-insurance-initiative-a2ii-seek-to-expand-access-to-microinsurance-perhaps-mobile-money/
MicroCapital story, November 6, 2012, “MICROCAPITAL BRIEF: Making Finance Work for Africa (MFW4A), Munich Re Foundation Survey: African Microinsurance Tripled in 3 years,”https://www.microcapital.org/microcapital-brief-making-finance-work-for-africa-mfw4a-munich-re-foundation-survey-african-microinsurance-tripled-in-3-years/
MicroCapital story, April 27, 2010, “MICROCAPITAL BRIEF: Making Finance Work for Africa (MFW4A) Launches Website Addressing Access to Finance, Regional Financial Intergration and Remittances,” https://www.microcapital.org/microcapital-brief-making-finance-work-for-africa-mfw4a-launches-website-addressing-access-to-finance-regional-financial-integration-and-remittances/
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