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Extending Financial Inclusion in Africa unveils the genesis and transformation of Africa’s financial sector and its ability to provide finance for all. Contributors of the Book traverse the whole spectrum of African financial systems, examining their depth and breadth and empirically evaluating their appropriateness and effectiveness to achieve inclusive financial services.

  • Explores the evolution of the financial sector in Africa from the pre-colonial to post-colonial era
  • Investigates the financial inclusion–economic growth nexus
  • Explores the role of financial regulation and governance in either enhancing or limiting financial inclusion
  • Evaluates unintended consequences of financial inclusion, including over-indebtedness and increased propensity to spend
  • Assesses cross-sectional evidence on the link between financial inclusion and technological developments such as the internet and mobile technology

1. Section 1. Introduction - p. xii 2. 1. An Overview of Financial Services Access and Usage in Africa - p. 3 3. Section 2. Evolution Of Financial Markets And Institutions - p. 12 4. 2. How Did Banks Evolve in Africa? - p. 15 5. 3. Financial Development in Africa: Is It Demand-Following or Supply-Leading? - p. 37 6. 4. The Role of Financial Markets and Institutions in Private Sector Development in Africa - p. 61 7. Section 3. Geography Of Financial Markets And Institutions - p. 85 8. 5. Financial Markets and Institutions in Africa: Landscape and Financial Inclusion - p. 89 9. 6. A Survey of Microfinance Institutions and Informal Finance in Africa - p. 113 10. 7. Financial Sector Regulation and Governance in Africa - p. 137 11. Section 4. Empirical Evidence Focusing On Africa - p. 163 12. 8. Macroeconomic Determinants of Financial Inclusion: Evidence Using Dynamic Panel Data Analysis - p. 167 13. 9. Financial Inclusion and Economic Growth: Evidence From a Panel of Selected African Countries - p. 193 14. 10. The Relationship Between Technology and Financial Inclusion: Cross-Sectional Evidence - p. 211 15. 11. Unintended Consequences of Financial Inclusion - p. 231 16. Section 5. The Trajectory Of Future Developments - p. 256 17. 12. Financial Inclusion and the Sustainable Development Goals - p. 259 18. 13. Alternative Financing Approaches and Regulation in Africa - p. 279 19. 14. The Potential of FinTech in Enabling Financial Inclusion - p. 299 20. Index - p. 319

Descripcion
Descripción

Extending Financial Inclusion in Africa unveils the genesis and transformation of Africa’s financial sector and its ability to provide finance for all. Contributors of the Book traverse the whole spectrum of African financial systems, examining their depth and breadth and empirically evaluating their appropriateness and effectiveness to achieve inclusive financial services.

  • Explores the evolution of the financial sector in Africa from the pre-colonial to post-colonial era
  • Investigates the financial inclusion–economic growth nexus
  • Explores the role of financial regulation and governance in either enhancing or limiting financial inclusion
  • Evaluates unintended consequences of financial inclusion, including over-indebtedness and increased propensity to spend
  • Assesses cross-sectional evidence on the link between financial inclusion and technological developments such as the internet and mobile technology

1. Section 1. Introduction - p. xii 2. 1. An Overview of Financial Services Access and Usage in Africa - p. 3 3. Section 2. Evolution Of Financial Markets And Institutions - p. 12 4. 2. How Did Banks Evolve in Africa? - p. 15 5. 3. Financial Development in Africa: Is It Demand-Following or Supply-Leading? - p. 37 6. 4. The Role of Financial Markets and Institutions in Private Sector Development in Africa - p. 61 7. Section 3. Geography Of Financial Markets And Institutions - p. 85 8. 5. Financial Markets and Institutions in Africa: Landscape and Financial Inclusion - p. 89 9. 6. A Survey of Microfinance Institutions and Informal Finance in Africa - p. 113 10. 7. Financial Sector Regulation and Governance in Africa - p. 137 11. Section 4. Empirical Evidence Focusing On Africa - p. 163 12. 8. Macroeconomic Determinants of Financial Inclusion: Evidence Using Dynamic Panel Data Analysis - p. 167 13. 9. Financial Inclusion and Economic Growth: Evidence From a Panel of Selected African Countries - p. 193 14. 10. The Relationship Between Technology and Financial Inclusion: Cross-Sectional Evidence - p. 211 15. 11. Unintended Consequences of Financial Inclusion - p. 231 16. Section 5. The Trajectory Of Future Developments - p. 256 17. 12. Financial Inclusion and the Sustainable Development Goals - p. 259 18. 13. Alternative Financing Approaches and Regulation in Africa - p. 279 19. 14. The Potential of FinTech in Enabling Financial Inclusion - p. 299 20. Index - p. 319

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