Small businesses in Central Africa to benefit from "financial inclusion"

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Central African Republic: Entrepreneurs build businesses through micro-credits. UNDP@PHOTO

Small and medium-sized businesses in the Central Africa region are being held back because they are not able to access funds to grow; that’s according to the International Monetary Fund (IMF).

Experts from around the region are meeting in Brazzavile, the capital of the Republic of the Congo on Monday to discuss how to change that situation.

They are looking at how to promote what’s known as financial inclusion.

In layman’s terms, that means making regular financial and banking services available to all sectors of society.

Bruce Edwards asked Mario de Zamaroczy, from the IMF’s African Department, what financial inclusion means.

Duration: 4’54″