With access to technology growing in Africa, the World Bank’s vision of supporting universal access to financial services is materialising. What impact does access to formal savings devices have on savings? In this webinar, Philippe LeMay-Boucher (Heriot-Watt University), compares the impact on savings, given access to either mobile money accounts or accounts at micro-finance institutions, using a sample of 3000 individuals in Benin. He explains the advantages and disadvantages of using different digital savings devices, which, given the inequality in Africa, could have very valuable policy implications.
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