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Financial services: Togo sets up the FNFI

27/01/2022
Categories: Sectors

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Togo has just set up a digital bank to promote inclusion. This is the National Inclusive Finance Fund (FNFI).

Togo has included social and financial inclusion in its development policy. Thus, the FNFI is a mechanism that promotes the access of different segments of the population, in particular young people, women and businesses to financial services. The FNFI has 338 service points and 22 partner financial service providers (PSF). The mechanism will thus contribute to strengthening the State's intervention framework and improving the geographical coverage of services.

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