Official Launch of the Situational Analysis Study and Mid–line Evaluation of the Framework for Advancing Women’s Financial Inclusion (FAWFIN) in Nigeria.
To support the effective implementation of the Framework for Advancing Women’s Financial Inclusion to eliminate the gender gap in Nigeria.
To be the premier centre of excellence and knowledge hub on innovative and scalable gender-transformative solutions to drive women’s financial inclusion in Nigeria and beyond.
Established by Rockefeller Philanthropy Advisors (RPA) with support from the Bill and Melinda Gates Foundation, the GCE will work towards increasing capacity in Nigeria to focus on financial inclusion of women and girls and contribute towards the attainment of the Financial Services for the Poor (FSP’s) 3-5 year strategic goals in Nigeria. The FSP seeks to have at least 70 percent of adults using formal financial services by 2023 (up from 48.6 percent in 2018); and at least 40 percent of low-income adults (those living on <US$2.5/day) as registered owners of a financial account and use financial services delivered over digital platforms by 2023 (up from 14 percent in 2018).
The GCE will also provide important input for making the regulatory environment in Nigeria more conducive to the expansion of digital financial services (DFS) into rural/remote areas and promote solutions that are key to enabling a pro-poor DFS ecosystem. This will contribute to FSP’s global objective of increasing women’s and girls’ access to financial services by eliminating the gender gap in DFS usage by 2030.
GCE’s strategic objectives are to:
The expected outcomes/results of this investment are:
The project will take a four-pronged approach to deliver the expected results:
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The Gender Centre of Excellence, a strategic resource center and knowledge hub established to advance women’s financial inclusion in Nigeria and beyond. The GCE is fiscally sponsored by Rockefeller Philanthropy Advisors with funding support from the Bill & Melinda Gates Foundation.
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