Today at the making finance work for africa conference it was another interesting package. The global economic downturn according to professor patrick will affect greatly access to finance in the whole world especially africa. According to him startegies to look at would include a conscious effort at education. This may work quickly in other developed countries but i wonder how quickly it would seep into the african fabric.
Another interesting one was from another delegate from the central bank of south africa who brought to bear the the need to separate micro finance regulations from mainstream banking. Good idea, i share in it and i believe the credit refrence bureau in ghana should quickly collect their data and make access to finance easier as well.
Good job GTZ.