15 February 2013
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African Development Bank (Abidjan)

Financial Access for the Poor - Why It Matters and Where We Are in the Journey

press release

The Independent Evaluation Department of the AfDB has launched an evaluation of the Bank's microfinance operations: Fostering Inclusive Growth in Africa: An Evaluation of the Bank's Microfinance Policy, Strategy, and Projects, 2000-2012. Against this backdrop, the AfDB Evaluation Community of Practice (ECoP) will be hosting a talk on Financial Access for the Poor - Why it matters & where we are in the journey The talk will focus on why financial access matters for the poor; increasingly robust impact evidence; and progress and opportunities going forward.

The key speaker, Mr. Ehrbeck, is the CEO of CGAP (Consultative Group to Assist the Poor (CGAP). He is responsible for the strategic direction and management of CGAP and speaks regularly on issues relating to financial inclusion. He blogs for the CGAP Blog and the Huffington Post. CGAP is an independent policy and research center dedicated to advancing financial access for the world's poor. It is supported by over 30 development agencies and private foundations who share a common mission to alleviate poverty.

Housed at the World Bank, CGAP provides market intelligence, promotes standards, develops innovative solutions and offers advisory services to governments, financial service providers, donors, and investors.

This is a unique opportunity to learn more about what is going on in the financial sector globally and in Africa, especially in relation to such issues as: does microfinance really help the poor? What is financial inclusion? What is Microfinance? What is the difference between the two?

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