African Sisters Education Collaborative (ASEC) at Rosemont College

African Diaspora Network is a registered 501(c)(3) non-profit organization. Our mission is to sustainably serve our constituencies, marketplace, and partners. This is inextricably linked to engaging the African diaspora through an ethics of care, enhancing their well-being in their adopted homelands, and facilitating their strategic involvement in the development of Africa.

This paper takes stock of the current state of banking systems across Sub-Saharan Africa and discusses recent developments including innovations that might help Africa leapfrog more traditional banking models. Using an array of different data, the paper documents that African banking systems are shallow but stable. African banks are well capitalized and over-liquid, but lend less to the private sector than banks in non-African developing countries. African enterprises and households are less likely to use financial services than their peers in other developing countries. The paper also describes a number of financial innovations across the continent that can help overcome different barriers to financial inclusion and have helped to expand the bankable and the banked population.

Business and Financial News from Africa

The rapid digitisation of the financial sector has forced banks to reconsider preferred practices and customer interaction. In CNBC Africa’s first Future of Banking Virtual Conference, we examine the trends that are shaping the banking sector and its relationship with fintech platforms. To help navigate this fast-changing landscape, we bring together industry leaders to discuss the ‘Megatrends Reshaping Banking in Africa’.

The UNGPs are the global standard for preventing and addressing the risk of adverse impacts on human rights linked to business activity, and they provide the internationally-accepted framework for enhancing standards and practices with regard to business and human rights. The Human Rights Council unanimously endorsed the Guiding Principles in its resolution 17/4 of 16 June 2011.

The Dag Hammarskjöld Library provides access to a wealth of resources relevant to anyone interested in doing research on Africa. In this guide we have compiled a list of the most popular, useful, and authoritative resources on Africa. Both UN and non-UN resources are included. Some resources are freely available online, some are subscription based resources available from within UN Headquarters in New York only, and some are available in print at the Library.

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.