Recently Africa has made the headlines again as a Continent of opportunity. The demographic trend is the basic data to look at along with the main economic indicators, to catch the economic development’s challenges. Simply, Africa’s population has been exploding and the unemployment rate among youngsters is alarming. By the United Nations’ estimate, the Continent shall see its current population of 1.2 billion double by the year 2050. That’s an expected growth of 42 million people — basically a brand-new Argentina — every year. The importance and the implication of above data doesn’t need to be emphasized.

The Paper will be sent to truly interested Investors


To discuss with Private Investors, Investment Banks, Funding Agencies, etc., on request.


Which FUND?
4. 1 Assumptions
4.2 Fostering the emerging demand for
4.3 Re-frame the field activities
4.4 Equity investment commitment
4.5 New style of management
4.6 Objectives, Methodology and Strategy
4.7 Risks

Figure 1 – Putting Financial Inclusion in the GDGs picture
Figure 2 – Actors’ role and responsibility
Figure 3 – Tentative calendar for establishing RISK FUND


Recent field surveys confirmed our own data on Africa microfinance market: three out of four MFI aren’t competitive and for the coming year they shall face THREE BIG CHALLENGES, namely UNDERCAPITALISATION (need fresh resources to complement inadequate capital), DIGITALISATION (launch sustainable and affordable products and negotiate with digital providers) and MANAGEMENT (review style of management and decision making process).Referring to single Entity (MFI, Rural Bank, SACCO, ONG, Retail Bank, etc.) we do have two Projects “A PROJECT FOR DECISIONS MAKERS IN AFRICA”

dont la version Française nous avons lancé en 2016 “COLLOQUE SUR L’INCLUSION FINANCIERE”, which provide above institutions with advice along with fresh financial resources for their interventions to support Start-up and Growth-up business, the backbone of the countries’ economy.


We may project what could be going on referring to current trend. •      In 2017 the micro finance sector shall face the following challenges:

UNDERCAPITALISATION (the capital base is currently inadequate),

DIGITALISATION (sustainable, transparent and affordable service),

MANAGEMENT (review and revision decision making process).

  • Emerging topics: Facing peer competitors, Negotiating with digital providers, Review style of management, Expand business, Launch a new product, Check market’s position and within the institutional & organisational country framework.

For MFI innovation isn’t an option, but a need.

Ascanio Graziosi

From MDGs to SDGs: the risks of new legends and myths

2016 has been the year of handing over the baton from Millennium Development Goal (MDG 2000-2015) to Sustainable Development Goals (SDGs 2016-2030). Let us say that we aren’t sure that the old racers – micro lenders, micro financiers – have assimilated the new economic development’s rules of the game and have taken into account the power of the new racers who aggressively entered into the lane: the technologists.

Besides, new racers are warming up for competing in the arena of development finance: e-money issuer, financial cooperative, nonbank deposit-taking institution, nonbank financial institution, non-financial firm, crowd funders and all those in the category of the alternative finance.This is the official list of the competitors, which has been released by Basel III Committee beginning this year ( with the guidelines for countries’ supervisors for a fair competition; actually the GVTs have been invited to make available an enabling environment, which should be in line with the UN Agenda for SDGs (

Among the other sponsors who have collaborated for fair games,there are: WB-CGAP (,FSD Africa  ( and others.

We have elaborated on the matter and worked out a Logical Framework, which can be a reference for ground work at both macro and micro interventions. The former to deal with a country institutional and organizational framework  and  the latter to cope with management of financial inclusion at individual grass root organizations; see: Five Questions about Financial Inclusion:

Continua a leggere “From MDGs to SDGs: the risks of new legends and myths”


Suggestions to step in micro finance market 

Nowadays FinTech people are living great moments also for the market perspectives, having some $ 3,7 trillion opportunities ( ). We congratulate Technologists for the achievements and add a word of caution, being among the digitalization’s supporters we follow the ongoing movement. ……

……….. A CONCRETE PROPOSAL. Continuing our reasoning and taking the segment (a), we don’t say that money transfers and remittances should be free of charge; we do say that the service should be sustainable for the provider, accessible for the potential client and affordable for the user. Technologists and Financiers should find out the way to not overcharge the transfer of small amount of money presumably made by people working away from their own places and sending money to those who are in need.  If we don’t find out modalities to minimize the commission, we will penalize the poor and mislead the purpose of financial inclusion. This is a technical matter that may be overcome elaborating on the statistical data; it may be assumed, for example, a cheap commission for small amount or linking it to the frequency of the transactions in a given period.