African Development Bank Provides $320,535 to Mainstream Gender in Economic Community of West African States' Digital Financial Operations

Source: Africanews

The Board of Directors of the African Development Bank has awarded a grant of $320,535 to the West African Monetary Agency (WAMA) to mainstream gender in ECOWAS’ core digital financial services (DFS) regulatory frameworks.

The funds will support a gender gap analysis of several WAMA strategies including those for financial inclusion; gender disaggregation data analytics; digital payment services and infrastructure; and digital identity. The project, to be executed over a three year period, will potentially affect 350 million people in all 15 ECOWAS nations: Benin, Burkina Faso, Cote d’Ivoire, Cabo Verde, Ghana, Guinea, Gambia, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.