As digitalization has transformed delivery of services for businesses, governments and changed our way of life, regulators have been assessing the resultant opportunities and risks. The A.Reg4DT initiative is opportune to develop the capacity of regulators in Africa as digitalization transforms every facet of our lives.
Indeed the world has changed dramatically from 2007, when mobile phone money transfer services were introduced in Kenya to meet basic financial needs of transferring money from urban workers to their rural families. Subsequently, mobile phones laid the digital rails, that have seen the transformation of financial inclusion not just in Kenya but across Africa.