Only a third of adults in sub-Saharan Africa have a bank account, and in this podcast, Tanzania Bank Governor, Benno Ndulu, says the lack of access to financial services is a key constraint on the region’s economic growth. Ndulu is a champion for bringing financial services to the poorest segments of society and as the current Chair of the Board of the Alliance for Financial Inclusion, he has helped pioneer some of the most innovative policy approaches to extending the financial system to the unbanked. This conversation with Benno Ndulu is featured in the September 2017 issue of Finance and Development Magazine.
Contributors: Benno Ndulu, Bank of Tanzania Governor, and Chair of the Board of the Alliance for Financial Inclusion.
While Africa’s workforce expands, the lack of modern and efficient infrastructure is inhibiting economic growth. The prospect of building power plants and transportation networks is daunting for many countries with limited resources, but in this podcast, former Chief Economist of the African Development Bank, Mthuli Ncube, says reducing risks for private sector investors could help Africa build the infrastructure it so desperately needs.
Mthuli Ncube, Managing Director of Quantum Global Research Lab, visiting professor at Oxford University, and co-editor of Infrastructure in Africa: Lessons for Future Development.
Extreme weather has hit Malawi’s economy hard over the last two years. Severe flooding followed by a drought—the worst in its history—caused widespread crop failure and placed 6.7 million people at risk of starvation. But a remarkable humanitarian effort helped reduce the impact of the drought on the most vulnerable segment of the population. An increase by the IMF to the amount of resources it provides to Malawi, as well as sizable contributions from Malawi’s development partners like the World Food Program and the World Bank, enabled the country to address the worst humanitarian crisis in its history.
In this feature podcast, we hear from the small-scale farmers beset by the effects of climate change, beneficiaries of food aid including school children, and key players within the various agencies who were faced with making tough decisions in the throes of a major food crisis.
Oral Williams: IMF Mission Chief for Malawi
Jack Ree: IMF Resident Representative in Malawi
Goodall Gondwe: Malawi’s Finance Minister
Ben Botolo: Malawi’s Secretary to the Treasury
Coco Ushiyama: World Food Program Representative for Malawi
Roisin DeBurca: Unicef’s Deputy Director for Malawi
Laura Kullenberg: Country Manager for the World Bank in Malawi
Richard Record: Senior Country Economist for the World Bank in Malawi