New Release - State of the Savings Sector in Sub-Saharan Africa

Lunch session hosted by the Mastercard Foundation Savings Learning Lab

This first report in a series of three biennial reports provides a comprehensive synthesis and analysis of trends in demand, supply and other key enablers of savings for low income individuals in Sub-Saharan Africa.

Within the larger context of financial inclusion, strong evidence exists that access to appropriate savings tools are essential for poor people to build resilience and build their economic lives. It is now widely accepted that putting away money for tough times and for financing important life goals is important for everyone, but especially for the poor whose financial lives can be unpredictable. Yet despite significant investment and advances in addressing barriers to savings, a persistent gap between supply and demand continue to exist.

Join us for a thought-provoking discussion on challenges, opportunities and implications - on what it will take to continue bridging this gap.

Diana Dezso, Itad | Sumaiya Sajjad, Mastercard Foundation | Weselina Angelow, World Savings and Retail Banking Institute (WSBI)

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Resources

Savings Evidence Map: Part I Synthesis Report

Savings Count: Trends in access, use and the ecosystem of savings in Sub-Saharan Africa

Brief - Savings Count: Trends in access, use and the ecosystem of savings in sub-Saharan Africa