Extending Financial Inclusion in Africa

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 eraInvestigates the financial inclusion–economic growth nexusExplores the role of financial regulation and governance in either enhancing or limiting financial inclusionEvaluates unintended consequences of financial inclusion, including over-indebtedness and increased propensity to spendAssesses cross-sectional evidence on the link between financial inclusion and technological developments such as the internet and mobile technology

1. An Overview of Financial Services Access and Usage in Africa
2. How Did Banks Evolve in Africa?
3. Financial Development in Africa: Is It Demand-Following or Supply-Leading?
4. The Role of Financial Markets and Institutions in Private Sector Development in Africa
5. Financial Markets and Institutions in Africa: Landscape and Financial Inclusion
6. A Survey of Microfinance Institutions and Informal Finance in Africa
7. Financial Sector Regulation and Governance in Africa
8. Macroeconomic Determinants of Financial Inclusion: Evidence Using Dynamic Panel Data Analysis
9. Financial Inclusion and Economic Growth: Evidence From a Panel of Selected African Countries
10. The Relationship Between Technology and Financial Inclusion: Cross-Sectional Evidence
11. Unintended Consequences of Financial Inclusion
12. Financial Inclusion and the Sustainable Development Goals
13. Alternative Financing Approaches and Regulation in Africa
14. The Potential of FinTech in Enabling Financial Inclusion