Consultancy for Mobile Wallet Release in Zambia, Rwanda, Liberia and Madagascar
2017-12-31 - 2018-02-28
Zambia, Rwanda, Liberia
AccessHolding is introducing a Mobile Wallet in its banks in Africa. The client asked LFS to support the strategy definition for AccessHolding banks in Liberia, Rwanda, Zambia and Madagascar. The objective of the consultancy was to make the experience and consultancy input delivered by LFS to AccessBank Tanzania available to the other banks in the network implementing the wallet. To adapt the wallet to the specific situation of each bank, country-specific market conditions, institutional requirements, readiness and capacity were taken analysed and taken into account.
For its implementation in Zambia, the provided solution was awarded the prestigious innovation prize for MSME and Agricultural Finance by the EIB 2019.
Desk review of available literature on market conditions
Interviews with key staff in the banks to assess instutional requirements and readiness
Definition Business Plans for the banks in Liberia, Rwanda and Zambia
Definition of Key Performance Indicators (generic)
Market Entry Strategy (one bank)
Facilitation of a Strategy workshop with all four banks in Berlin