2008
The Alliance for Financial Inclusion (AFI) project is launched—as part of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH—with a $35 million grant from the Bill & Melinda Gates Foundation.
Five institutions (Bank Indonesia, Bangko Sentral ng Pilipinas, Bank of Thailand, Comisión Nacional Bancaria y de Valores, Superintendencia de Banca, Seguros y AFP) join the AFI project to unlock the potential of peer learning in advancing financial inclusion.
Five institutions (Bank Indonesia, Bangko Sentral ng Pilipinas, Bank of Thailand, Comisión Nacional Bancaria y de Valores, Superintendencia de Banca, Seguros y AFP) join the AFI project to unlock the potential of peer learning in advancing financial inclusion.
2009
The first AFI Global Policy Forum (GPF) takes place in
Nairobi, Kenya.
AFI gains 44 new members, representing 70% of the
world’s unbanked population.
First AFI steering committee meeting takes place.
Central Bank of Kenya is elected the Chair.
AFI members report making three policy and regulatory
reforms to enhance financial inclusion.
Nairobi, Kenya.
AFI gains 44 new members, representing 70% of the
world’s unbanked population.
First AFI steering committee meeting takes place.
Central Bank of Kenya is elected the Chair.
AFI members report making three policy and regulatory
reforms to enhance financial inclusion.
2010
The AFI network forms its first four working groups:
Pacific Islands, Financial Inclusion Data, Mobile
Financial Services, Financial Integrity.
2010 AFI GPF takes place in Bali, Indonesia.
G20 names AFI as a Key Implementing Partner.
More than 70 institutions are now part of the AFI
network.
AFI members report making six policy and regulatory
reforms to enhance financial inclusion.
Pacific Islands, Financial Inclusion Data, Mobile
Financial Services, Financial Integrity.
2010 AFI GPF takes place in Bali, Indonesia.
G20 names AFI as a Key Implementing Partner.
More than 70 institutions are now part of the AFI
network.
AFI members report making six policy and regulatory
reforms to enhance financial inclusion.
2011
AFI 2011 GPF in Rivera Maya, Mexico, concludes with
the launch of the Maya Declaration, a platform for AFI
member institutions to commit to concrete financial
inclusion targets.
AFI launches its Consumer Empowerment and Market
Conduct (CEMC) Working Group.
AFI members report making 11 policy and regulatory
reforms to enhance financial inclusion.
the launch of the Maya Declaration, a platform for AFI
member institutions to commit to concrete financial
inclusion targets.
AFI launches its Consumer Empowerment and Market
Conduct (CEMC) Working Group.
AFI members report making 11 policy and regulatory
reforms to enhance financial inclusion.
2012
2012 AFI GPF takes place in Cape Town, South Africa.
BSP Governor Nestor Espenilla Jr. elected as AFI Chair.
AFI launches the Financial Inclusion Strategy Peer Learning Group (FISPLG).
Maya Declaration is officially endorsed by G20 leaders.
AFI members make 35 Maya Declaration commitments,
and report making 17 policy and regulatory reforms to
enhance financial inclusion.
BSP Governor Nestor Espenilla Jr. elected as AFI Chair.
AFI launches the Financial Inclusion Strategy Peer Learning Group (FISPLG).
Maya Declaration is officially endorsed by G20 leaders.
AFI members make 35 Maya Declaration commitments,
and report making 17 policy and regulatory reforms to
enhance financial inclusion.
2013
2013 AFI GPF takes place in Kuala Lumpur, Malaysia.
Members adopt the Sasana Accord, promoting evidence
and data-based policies.
AFI launches the SME Finance Working Group.
First Latin American & Caribbean regional meeting
takes place in Columbia to discuss developments in
mobile financial services.
Launch of the AFI Global Financial Inclusion Awards,
recognizing excellence in financial inclusion.
Members adopt the Sasana Accord, promoting evidence
and data-based policies.
AFI launches the SME Finance Working Group.
First Latin American & Caribbean regional meeting
takes place in Columbia to discuss developments in
mobile financial services.
Launch of the AFI Global Financial Inclusion Awards,
recognizing excellence in financial inclusion.
2014
2014 AFI GPF takes place in Trinidad & Tobago.
AFI launches the global Public-Private Dialogue platform
to stimulate dialogue among policymakers, regulators,
the private sector, development partners and other key
players in financial inclusion.
AFI members report making 35 policy and regulatory
reforms to enhance financial inclusion.
AFI gains nine new members, now represents 85% of the
world’s unbanked population.
AFI launches the global Public-Private Dialogue platform
to stimulate dialogue among policymakers, regulators,
the private sector, development partners and other key
players in financial inclusion.
AFI members report making 35 policy and regulatory
reforms to enhance financial inclusion.
AFI gains nine new members, now represents 85% of the
world’s unbanked population.
2015
2015 AFI GPF in Mozambique sees the launch of the
Maputo Accord —supporting access to SME finance by
promoting sustainable and inclusive development.
Launch of Pacific Islands Regional Initiative (PIRI).
AFI moves into its new office in Sasana Kijang, Kuala
Lumpur, Malaysia.
Governor Benno Ndulu of Bank of Tanzania is appointed
as AFI Chair.
AFI members report making 35 policy and regulatory
reforms to enhance financial inclusion.
Maputo Accord —supporting access to SME finance by
promoting sustainable and inclusive development.
Launch of Pacific Islands Regional Initiative (PIRI).
AFI moves into its new office in Sasana Kijang, Kuala
Lumpur, Malaysia.
Governor Benno Ndulu of Bank of Tanzania is appointed
as AFI Chair.
AFI members report making 35 policy and regulatory
reforms to enhance financial inclusion.
2016
AFI is recognized as an international organization by
Bank Negara Malaysia (BNM) and the Malaysian
Government.
2016 GPF takes place in Nadi, Fiji. Through the Denarau
Action Plan, members commit to advancing gender
inclusive finance and women’s financial inclusion.
AFI Data Portal is launched.
Number of policy and regulatory reforms reported by the
AFI network jumps to 56.
Bank Negara Malaysia (BNM) and the Malaysian
Government.
2016 GPF takes place in Nadi, Fiji. Through the Denarau
Action Plan, members commit to advancing gender
inclusive finance and women’s financial inclusion.
AFI Data Portal is launched.
Number of policy and regulatory reforms reported by the
AFI network jumps to 56.
2017
2017 GPF takes place in Sharm El Sheikh, Egypt.
AFI sets up the FinTech for Financial Inclusion
workstream.
Launch of the African Financial Inclusion Policy
Initiative (AfPI) and Financial Inclusion for the Arab
Region Initiative (FIARI).
Launch of AFI’s Gender and Women’s Financial Inclusion
Committee.
AFI sets up the FinTech for Financial Inclusion
workstream.
Launch of the African Financial Inclusion Policy
Initiative (AfPI) and Financial Inclusion for the Arab
Region Initiative (FIARI).
Launch of AFI’s Gender and Women’s Financial Inclusion
Committee.
2018
2017 GPF takes place in Sochi, Russia.
Members endorse the Sochi Accord on Inclusive FinTech.
Launch of AFI’s Eastern Europe & Central Asia Policy
Initiative (ECAPI).
Fazle Kabir, Governor of Bangladesh Bank, is appointed
as AFI Chair.
Members endorse the Sochi Accord on Inclusive FinTech.
Launch of AFI’s Eastern Europe & Central Asia Policy
Initiative (ECAPI).
Fazle Kabir, Governor of Bangladesh Bank, is appointed
as AFI Chair.
2019
At the 2019 GPF in Rwanda, the AFI network endorses
the Kigali Statement to accelerate financial inclusion for
disadvantaged groups.
AFI opens its regional office in Abidjan, Côte d’Ivoire.
Governor Tarek Amer (Central Bank of Egypt) is
appointed as AFI Chair.
AFI and the Ministry of Finance of the Grand Duchy of
Luxembourg launch a framework to bolster financial
inclusion across Africa.
AFI launches its Inclusive Green Finance Working Group
(IGFWG) and Inclusive Fintech Showcase.
the Kigali Statement to accelerate financial inclusion for
disadvantaged groups.
AFI opens its regional office in Abidjan, Côte d’Ivoire.
Governor Tarek Amer (Central Bank of Egypt) is
appointed as AFI Chair.
AFI and the Ministry of Finance of the Grand Duchy of
Luxembourg launch a framework to bolster financial
inclusion across Africa.
AFI launches its Inclusive Green Finance Working Group
(IGFWG) and Inclusive Fintech Showcase.
2020
AFI launches its COVID-19 Response to assist countries
to implement rapid response policies and regulations.
AFI partners with the Mastercard Foundation to
implement a two-year COVID-19 Policy Response
program in Africa.
AFI launches its European office, co-hosted by Ministry
of Finance and Ministry of Foreign and European Affairs
of the Grand Duchy of Luxembourg.
to implement rapid response policies and regulations.
AFI partners with the Mastercard Foundation to
implement a two-year COVID-19 Policy Response
program in Africa.
AFI launches its European office, co-hosted by Ministry
of Finance and Ministry of Foreign and European Affairs
of the Grand Duchy of Luxembourg.
2021
President of Mexico’s Comisión Nacional Bancaria y de
Valores, Juan Pablo Graf Noriega, becomes new AFI
chair.
President Guillermo Lasso signs Ecuador’s new Maya
Declaration commitments, the first Head of State to
perform this act.
AFI holds its first virtual policy leadership dialogue.
Valores, Juan Pablo Graf Noriega, becomes new AFI
chair.
President Guillermo Lasso signs Ecuador’s new Maya
Declaration commitments, the first Head of State to
perform this act.
AFI holds its first virtual policy leadership dialogue.
2022
2022 AFI GPF takes place in Jordan.
Launch of the South Asia Region Financial Inclusion
Initiative (SARFI).
Launch of the South Asia Region Financial Inclusion
Initiative (SARFI).
2023
2023 AFI GPF takes place in Manila, Philippines.
Through the Manila Manifesto, members commit to
coordinate, collaborate, and engage with global
standard-setting bodies.
Fiji Reserve Bank Governor Ariff Ali appointed as AFI
Chair.
AFI and the African Development Bank launch new
partnership to close the finance gap for women
entrepreneurs.
AFI highlights the need for Inclusive Green Finance at
COP-28 event.
Through the Manila Manifesto, members commit to
coordinate, collaborate, and engage with global
standard-setting bodies.
Fiji Reserve Bank Governor Ariff Ali appointed as AFI
Chair.
AFI and the African Development Bank launch new
partnership to close the finance gap for women
entrepreneurs.
AFI highlights the need for Inclusive Green Finance at
COP-28 event.
2024
2024 AFI GPF takes place in San Salvador, El Salvador.
In the San Salvador Concensus, the AFI network
commits to responsible financial innovation.
Launch of the Gender Inclusive Finance Policy Model.
AFI launches its Arab Region Financial Inclusion Policy
Initiative (ARFIPI)
In the San Salvador Concensus, the AFI network
commits to responsible financial innovation.
Launch of the Gender Inclusive Finance Policy Model.
AFI launches its Arab Region Financial Inclusion Policy
Initiative (ARFIPI)