Inclusive finance and private sector
MICROFINANCE AND INCLUSIVE FINANCE
For more than twenty-five years, Luxembourg’s Development Cooperation has been actively supporting the development of microfinance and inclusive finance to reduce global poverty, using the expertise and potential of Luxembourg’s financial market to promote economic development, inclusive growth and the socio-economic inclusion of women and youth.
ATTF/House of Training
It would be a pity not to make use of the expertise and potential of Luxembourg’s financial market to support the development cooperation sector, and so Luxembourg’s Development Cooperation supports the financial technology transfer agency (ATTF/House of Training) to implement training programmes in Laos, Cabo Verde, El Salvador, Kosovo, Vietnam, Mongolia and West Africa. In 2019, the MFA decided to launch a new project to support the ATTF to establish a Rwanda Academy of Finance (RAF) with the Rwanda Bankers’ Association (RBA). In addition to transferring knowledge in the banking sector, this exchange is helping to put the know-how of the Luxembourg financial market to good use, and also to establish lasting international links between professionals in the sector.