THE Iternational Finance Cooperation (IFC), a member of the
The agreement was aimed at increasing access to mobile financial services in the Zambian market in order to strengthen financial inclusion.
According to a statement issued in
"IFC will provide market research and advisory services on agent network management and business strategy development. The project is part of the
Airtel Money director Zambia Brenda Thole said a key focus area for Airtel Money was to support the Government's mandate to enhance financial inclusion and to reach out to the unbanked population who may still have fears of mainstream banking or believe the services are too costly.
She said the implementation of mobile financial services has shown to be a successful way of increasing access to finance in several African markets.
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