The UN Capital Development Fund (UNCDF) and the United Nations Office for South-South Cooperation (UNOSSC), partnered through the India-UN Development Partnership Fund to further develop the Reserve Bank of Malawi’s efforts on electronic-KYC and digital identity in Malawi.
This project will reach the low-income population in Malawi, who often experience low financial and digital inclusion rates and have challenges with identification when requesting basic services such as health, education and finance. Electronic digital identity can potentially help in addressing this challenge and increase access to financial products and services.