Digital financial transfers can supercharge the response to COVID-19

FIBR

The Kenyan government can and should capitalize on the country’s unique digital financial infrastructure and provide direct cash transfers to help people weather the COVID-19 crisis, writes BFA’s CEO Amolo Ng’weno writes.

The cash transfers, she writes, could immediately reach 83% of all adults through existing mobile money accounts.

Already, the Kenyan government has digitized social transfer programs that include an additional 5 -10% of the most vulnerable population, which she writes could be another channel for transfers.

Read more here.