Mark Napier (editor) Contributors: Allen L Hammond, Fred Ahwireng-Obeng and David T Mutombo, Karen Ellis, David Porteous and Robert Stone Access to financial services is recognised across the world as a powerful contributor to economic growth and poverty alleviation in developing countries. Real Money, New Frontiers is a collection of case studies of innovation in Africa's financial markets, presenting vivid testimony from across the continent of how profit-seeking organisations are experimenting with new products and models of distribution in their quest for new markets at the bottom of the financial pyramid. Written from the perspective of service providers, this book explores the factors that make financial sector innovation succeed in often very challenging circumstances. It shows that on the continent with the worst levels of financial access in the world, there is plenty to celebrate. 'This book is a treasure trove for all who would understand how, and why, demand-driven products and services are provided profitably at the low end of Africa's financial markets by a wide range of privately owned, commercial financial service providers. There are many signals in this forward looking book for the future of financial inclusion in Africa and globally. Everyone can learn from Real Money, New Frontiers.' - Marguerite S Robinson, Author, The Microfinance Revolution 'African innovators are the global leaders in many aspects of innovations in access to finance, especially in using technology as a delivery channel.

The examples included in the volume will be an inspiration to commercially focused practitioners and others across Africa and in other continents. This is a must-read for all who are seeking to expand access to finance for the poor.' - Elizabeth L. Littlefield, Director and CEO, Consultative Group to Assist the Poor 'Real Money, New Frontiers makes three important contributions. First, it allows experts to compare between private sector initiatives for improving financial access and understand both the difficulties and the benefits of implementing alternative innovations. Second, it encourages both the private sector and policymakers to consider whether the cases in this book can be replicated in other parts of Africa and beyond. Third, by disseminating stories of success it gives hope to broad segments of the population that adequate levels of financial access can indeed be achieved.' - Liliana Rojas-Suarez, Senior Fellow, Center for Global Development ISBN: 978-0-70217-771-2 Real Money, New Frontiers: Case Studies of Financial Innovation in Africa Mark Napier was Chief Executive Officer of FinMark Trust, a non-profit South African trust dedicated to making financial markets work for the poor in Africa. He now works as an independent consultant. Other contributors: Allen L Hammond (World Resources Institute)