19 Mar 2025
e-MFP continues to grow and we are very excited to welcome our new institutional members - the GSMA & GGSF.
Thank you so much for having joined e-MFP! We are looking forward to working with you and leveraging your background and expertise in our activities together with all our members, as we continue to grow and support financial inclusion worldwide.
Interested in being part of our vibrant community and work with our members? Don't hesitate to contact our colleague Gabriela: gerice@e-mfp.eu
Founded in 1995, the GSMA is a global non-profit that unifies the mobile ecosystem to foster innovation, create positive business environments, and drive societal change. Representing over 1,000 members, the GSMA works through three pillars: Connectivity for Good, Industry Services and Solutions, and Events, including MWC, the world's largest and most influential connectivity event.
The Mobile Money programme leads the GSMA’s work on financial inclusion, empowering underserved communities, including women, rural populations, and vulnerable groups, to participate in the digital economy. The programme plays a critical role in driving financial inclusion and supporting the growth of the mobile money industry by delivering industry data and insights, advocating for industry needs in nascent and evolving regulatory environments, and supporting mobile money providers to build and scale digital finance platforms. In 2023, Mobile Money processed USD 1.4 trillion, boosting global GDP by USD 600 billion over the past decade.
Looking ahead, the programme will focus on digital financial education, scaling merchant payments, and advancing responsible digital credit, savings, and insurance solutions to deepen the impact of digital financial services for underserved populations.
To learn more visit https://www.gsma.com/
Launched in January 2024, the Global Gender-Smart Fund (GGSF) is the world’s largest gender-lens investment fund. With USD 550 million in assets, it provides debt financing to 114 financial institutions across 44 countries (as of December 2024), addressing the funding gap for underserved women, women-owned and women-led businesses in developing markets.
GGSF aims to strengthen the provision of gender-smart and responsible financial services to improve women’s livelihoods, promote gender balance and women’s working conditions within financial institutions and foster women’s leadership. It requires all investees to conduct a gender assessment and implement gender action plans, ensuring at least 80% of financed micro and small enterprises are women-owned or led.
The fund is based in Luxembourg and managed by Innpact Fund Management. The investment sourcing and monitoring is delegated to three Portfolio Managers, Incofin, Triple Jump and responsAbility; and its Technical Assistance Preferred Providers are Niras and WWB. GGSF goal is to expand to USD 700 million by 2026.
To learn more visit https://ggs-fund.com/
e-MFP is also pleased to welcome individual member PhD Usman Ahmad Modibbo. Mr Modibbo is a seasoned professional with 20 years of experience in microfinance, sustainable finance, and project development. He is based in Nigeria.