Promoting inclusive growth is one of the two overarching objectives of the Ten-Year Strategy (2013-2022) of the African Development Bank (“AfDB” or “the Bank”). While there has been substantial progress over the past decade, limited access to finance continues to be a key constraint for households and firms in Africa, particularly for small and medium enterprises (SMEs). The environment in which African financial systems operate has also changed significantly in recent years, as recalled in the Bank’s 2014-2019 Financial Sector Development Policy and Strategy (FSDPS).