UPU Selects First Countries to Benefit from New Financial Inclusion Program

The Universal Postal Union (UPU) announced it would roll out digital financial services projects reaching as many as 800,000 people and businesses across Africa, Asia and the Pacific under its Financial Inclusion Technical Assistance Facility (FITAF) in 2019.

UPU Director General Bishar A. Hussein today announced that the Posts of Benin, Côte d’Ivoire, Ghana, Kiribati, Nauru, Pakistan, Rwanda, Tonga and Viet Nam would be the first to benefit from the program, which focuses on advancing financial inclusion and the digitization of postal financial services.

Speaking at a panel session titled "Boosting Financial Inclusion Through Mobile Money" during UNCTAD’s Africa eCommerce Week in Nairobi, Mr. Hussein said the UPU was "acting concretely to develop digital finance through the Post on the ground to the benefits of the underserved populations and businesses."