Shirley Mburu

Shirley Mburu

Senior Consulting Associate

Shirley is a Senior Consulting Associate at BFA Global. She specializes in portfolio design, programme delivery, and market systems development across Africa. She works with development funders, policymakers, and ecosystem actors to design and manage large-scale initiatives that expand economic opportunity, strengthen financial inclusion, and accelerate entrepreneurship and climate resilience. Shirley currently leads the Livelihood Impact Fund (LIF) Entrepreneurship Initiative, a pan-African programme designed to accelerate proven SME growth models and support the creation of 200,000 formal jobs over five years. In this role, she oversees the initiative's assessment and portfolio design process, combining evidence review, landscape analysis, and stakeholder engagement to identify scalable pathways for SME growth.

Over more than 12 years working across Africa and Asia, Shirley has led multi-country advisory engagements and ecosystem-building initiatives focused on financial inclusion, entrepreneurship, livelihoods, and climate resilience. She has advised organizations including the Bill & Melinda Gates Foundation, Mastercard Foundation, CGAP, the Financial Sector Deepening Network, JPMorgan Chase, and financial sector regulators across Africa. Her work has contributed to national financial sector strategies, entrepreneurship ecosystem development, inclusive finance initiatives, and climate resilience programmes. Previously, Shirley served as Interim Director, Advisory, Africa at BFA Global and co-founded TECA Africa, a climate resilience venture acceleration platform operating across Africa and Latin America.

Her areas of expertise include entrepreneurship ecosystem development, financial inclusion, climate resilience, market systems development, blended finance, programme governance, and adaptive portfolio management. Shirley holds a Master of Commerce in Development Finance, a Postgraduate Diploma in Financial Analysis and Portfolio Management, and a Bachelor of Commerce in Financial Accounting from the University of Cape Town.

Publications by this author

How credit can unlock growth and contribute to the financial health of spazas in South Africa’s informal economy
Livelihoods and Microenterprise |

How credit can unlock growth and contribute to the financial health of spazas in South Africa’s informal economy

Digital Spazas credit interventions During the first phase of the Digital Spazas program, we quickly learned how important credit...

By Jacob Winiecki
Building the resilience of South African spazas through digitization
Livelihoods and Microenterprise |

Building the resilience of South African spazas through digitization

The COVID-19 pandemic has undeniably impacted the global economy, requiring governments to take rapid action to restrict physical movement...

By Shirley Mburu
Digital innovations to build the resilience of South African spazas: The case of A2Pay
Livelihoods and Microenterprise |

Digital innovations to build the resilience of South African spazas: The case of A2Pay

The Organisation for Economic Co-operation and Development (OECD) estimates that 54% of the 2.6 million micro, small and medium...

By Shirley Mburu
Digital innovations to build the resilience of South African spazas:  The case of Yebo Fresh and Vuleka
Livelihoods and Microenterprise |

Digital innovations to build the resilience of South African spazas: The case of Yebo Fresh and Vuleka

Phindi runs a fast food business in a township in Ekurhuleni, Gauteng. She was inspired to start her own...

By Shirley Mburu
Could stablecoins disrupt instant payment schemes?

Could stablecoins disrupt instant payment schemes?

  Context Stablecoins are an alternative means of storing and transferring value usually pegged to a fiat currency (or...

By Matt Grasser
Transaction product mystery shopping in Kenya, Nigeria and South Africa: What are the unexpected barriers and experiences customers might face?
Digital Financial Services |

Transaction product mystery shopping in Kenya, Nigeria and South Africa: What are the unexpected barriers and experiences customers might face?

This is the third case study in our report, ‘Inclusion and Your Bottom Line’, which outlines a new mixed-method...

By Shirley Mburu
What makes customers choose one transaction product over another?
Digital Financial Services |

What makes customers choose one transaction product over another?

This is the second case study in our report, ‘Inclusion and Your Bottom Line’, which outlines a new mixed-method...

By Shirley Mburu
Work with What You’ve Got to Offer MSME Credit
Digital Financial Services |

Work with What You’ve Got to Offer MSME Credit

The Case in Kenya Starting from the Microfinance Bill in 2006 up to the runaway success of the mobile...

By Shirley Mburu