Unlocking Africa

Redefining Banking in Sub-Saharan Africa: Affinity Africa's Journey to Financial Inclusion with Tarek Mouganie

August 28, 2023 Episode 85
Redefining Banking in Sub-Saharan Africa: Affinity Africa's Journey to Financial Inclusion with Tarek Mouganie
Unlocking Africa
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Unlocking Africa
Redefining Banking in Sub-Saharan Africa: Affinity Africa's Journey to Financial Inclusion with Tarek Mouganie
Aug 28, 2023 Episode 85

Episode #85 is with Tarek Mouganie, who is the founder of Affinity Africa, which is an owner and operator of financial services companies in sub-Saharan Africa. Affinity prides itself on establishing digital-forward and branch-light financial institutions, leveraging fintech and innovative design-led solutions to improve financial access and affordability.

Affinity supports the unbanked and underserved by providing every individual and business with accessible and affordable financial services they can trust. The business intends to make digital banking a successful and valuable part of its distribution strategy, showcasing a better standard for banking in Africa.

Founded in 2013, Affinity launched in Ghana in 2015 after acquiring PayFlex Microfinance Company Limited (now known as Affinity Ghana Savings and Loans) to focus on financial inclusion and financial literacy in a region that is underserved and under-penetrated. 

What We Discuss With Tarek

  • What type of money-related services does Affinity Africa provide to people in sub-Saharan Africa who don't have bank accounts or aren't getting the help they need?
  • How does Affinity ensure that the financial services that it provides are accessible and affordable for every individual and business?
  • What are the main obstacles or challenges Affinity Africa has faced while operating in the sub-Saharan African market?
  • How does Affinity collaborate with local governments, regulatory bodies, and other stakeholders to foster financial inclusion and support the growth of MSMEs?
  • In your opinion, what are the key factors necessary for creating a better standard for banking in Africa, particularly in underserved regions?
  • And much more...

Full show notes and resources can be found here: Unlocking Africa show notes

Did you miss my previous episode where I discuss From Passion to Progress: Pioneering Ways for Africa’s Creative Industries to Grow with Yemisi Mokuolu? Make sure to check it out!

Like this show? Please leave us a review here -- even one sentence helps!

Connect with Terser
on LinkedIn at TerserAdamu, and Twitter @TerserAdamu

Connect with Tarek  on LinkedIn at Tarek Mouganie, and Twitter @TMouganie

Send us a Text Message.

Do you want to do business in Africa? Explore the vast business opportunities in African markets and increase your success with ETK Group.

Connect with us at www.etkgroup.co.uk or reach out via email at info@etkgroup.co.uk

Show Notes

Episode #85 is with Tarek Mouganie, who is the founder of Affinity Africa, which is an owner and operator of financial services companies in sub-Saharan Africa. Affinity prides itself on establishing digital-forward and branch-light financial institutions, leveraging fintech and innovative design-led solutions to improve financial access and affordability.

Affinity supports the unbanked and underserved by providing every individual and business with accessible and affordable financial services they can trust. The business intends to make digital banking a successful and valuable part of its distribution strategy, showcasing a better standard for banking in Africa.

Founded in 2013, Affinity launched in Ghana in 2015 after acquiring PayFlex Microfinance Company Limited (now known as Affinity Ghana Savings and Loans) to focus on financial inclusion and financial literacy in a region that is underserved and under-penetrated. 

What We Discuss With Tarek

  • What type of money-related services does Affinity Africa provide to people in sub-Saharan Africa who don't have bank accounts or aren't getting the help they need?
  • How does Affinity ensure that the financial services that it provides are accessible and affordable for every individual and business?
  • What are the main obstacles or challenges Affinity Africa has faced while operating in the sub-Saharan African market?
  • How does Affinity collaborate with local governments, regulatory bodies, and other stakeholders to foster financial inclusion and support the growth of MSMEs?
  • In your opinion, what are the key factors necessary for creating a better standard for banking in Africa, particularly in underserved regions?
  • And much more...

Full show notes and resources can be found here: Unlocking Africa show notes

Did you miss my previous episode where I discuss From Passion to Progress: Pioneering Ways for Africa’s Creative Industries to Grow with Yemisi Mokuolu? Make sure to check it out!

Like this show? Please leave us a review here -- even one sentence helps!

Connect with Terser
on LinkedIn at TerserAdamu, and Twitter @TerserAdamu

Connect with Tarek  on LinkedIn at Tarek Mouganie, and Twitter @TMouganie

Send us a Text Message.

Do you want to do business in Africa? Explore the vast business opportunities in African markets and increase your success with ETK Group.

Connect with us at www.etkgroup.co.uk or reach out via email at info@etkgroup.co.uk