Mbabane – The Central Bank of Eswatini (CBE) has voiced strong support for advancing Africa’s digital and financial inclusion agenda through the Africa Strategic Investment Alliance (AfSIA).
CBE Director of Operations, Beverly Mavuso, spoke this morning at the Africa Strategic Investment Alliance Advisory Council Meeting, held at the Eswatini Revenue Services (ERS) Auditorium. Representing the Governor, Mavuso discussed the Bank’s alignment with AfSIA, an Africa-led initiative launched with AeTrade Group and endorsed by the African Union. The alliance seeks to close the financing gap for small and medium-sized enterprises (SMEs) and accelerate digital and financial inclusion across the continent.
“AfSIA’s goals mirror the Central Bank’s priorities: expanding access to finance, strengthening digital payments, and empowering SMEs, youth, and women entrepreneurs,” Mavuso said. She added that Eswatini has already achieved 87% financial inclusion, supported by innovations such as the Eswatini Payment Switch: Fast Payments module, which allows real-time, 24/7 transactions across providers.
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