The ‘Bank Of Bill Gates’ Enters a New Era
Bill Gates doesn’t like to dither. Just seven years after his philanthropic Bill And Melinda Gates Foundation cofounded an organization committed to the financial inclusion of the world’s 2.5 billion unbanked people, it now stands on its own, independent of any government and self-reliant for core funding.
Established at the end of 2008, AFI styles itself as the world’s only peer learning platform for financial inclusion policymakers from developing and emerging countries.
It has a lofty goal of providing access to financial services to the 2 billion of the world’s people that are still unbanked as a route to reducing poverty and promoting inclusive growth.