Kenya Scores High in Financial Inclusivity (Daily Nation)

From article:

The deputy CBK governor spoke on the sidelines of a high level financial inclusion forum being held in Nairobi and which has brought together a wide range of economic experts and financial regulators from around the world.

Speaking at the conference, former CBK governor Njuguna Ndung’u - under whose eight-year reign the bank regularised use of innovative financial technologies such as mobile money transfer service M-Pesa - said financial inclusion is a key policy instrument to tackling widespread poverty in developing countries.

A report released at the conference by the American think-tank Centre for Global Development titled Financial Regulations for Improving Financial Inclusion singled out regulation as a hindrance to deepening financial access.

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