Download or read book African Financial Ecosystem written by Dr. Jean-Denis Gabikini and published by Austin Macauley Publishers. This book was released on 2024-11-08 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historically and contextually, various integration models were experimented with by colonial powers, but these systems largely collapsed post-independence. For instance, the French attempted to maintain cohesion but prioritized their own interests, leading to fragmentation. Efforts in East and West Africa similarly faltered, as each nation pursued its own agenda without a unified political will. South Africa made a notable attempt, but integration never materialized; it would have required a different approach, such as the adoption of a SADC currency. The recent endeavors of AES countries and Zimbabwe’s new currency inject fresh dynamics into this ecosystem. Concurrently, the rise of new technologies presents both challenges and opportunities for financial integration. Public organizations and pan-African institutions play crucial roles in navigating this journey, where the political dimension holds significant sway. Additionally, international dynamics, exemplified by initiatives like those of the BRICs, further influence the landscape. Taken together, these elements paint an intriguing picture, fostering discussions on the African ecosystem and brainstorming plausible solutions. The ultimate aim is to achieve, within a reasonable timeframe, a monetary union and a common African currency.

Download or read book FinTech in Sub Saharan African Countries written by Mr.Amadou N Sy and published by International Monetary Fund. This book was released on 2019-02-14 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry. While it raises concerns on the emergence of vulnerabilities, FinTech challenges traditional structures and creates efficiency gains by opening up the financial services value chain. Today, FinTech is emerging as a technological enabler in the region, improving financial inclusion and serving as a catalyst for the emergence of innovations in other sectors, such as agriculture and infrastructure.

Download or read book Developing Africa s Financial Services written by Dana T. Redford and published by Emerald Group Publishing. This book was released on 2017-05-11 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial services are an essential element in powering entrepreneurial activity beyond resource extraction in Africa. This book examines the macro-trends and highlights inspiring success stories of entrepreneurial financial sector ventures that are making a lasting contribution to the economic development of various sub-Saharan African countries.

Download or read book The Financial Ecosystem written by Satyajit Bose and published by Springer Nature. This book was released on 2019-10-16 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long term asset owners and managers, while seeking high risk-adjusted returns and efficiently allocating scarce financial capital to the highest value economic activities, have the essential and formidable role of ensuring the sustainability of return. But generally accepted financial accounting methods are ill-equipped to provide clear signals of the risks and opportunities created by scarce natural and human capital. Hence many investment managers in global financial markets, while performing due diligence on portfolio companies, examine metrics of non-financial performance, especially environmental, social and governance (ESG) indicators. Broken into three sections, this book outlines the rationale for and methods used in six areas where financial acumen has been harnessed to the goal of combining monetary return with long run sustainability. The first section offers an introduction to the role of finance in achieving sustainability, and includes an overview of the six areas—sustainable investing, impact investing, decentralized finance, conservation finance, and cleantech finance. The methods section of the book illustrates analytical tools and specialized data sources essential to those interested in increasing the level of social responsibility embedded in economic activity. The applications section describes and differentiates each of the six areas and their roles in advancing specific measures of sustainability.

Download or read book South Africa Financial Sector Assessment Program Technical Note on Cybersecurity Risk Supervision and Oversight written by International Monetary and published by International Monetary Fund. This book was released on 2022-06-17 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cybersecurity risk continues to grow both in complexity and severity and is a function of an increasingly open and interconnected cyber and financial ecosystem. The South African financial system has a long history of incorporating technology and as for many financial systems across the globe, digitalization has become a strategic priority. For risk management to keep pace with the dynamic nature of cyber threats and threat agents, systemically important financial institutions (SIFIs) have made substantial investments in cyber resilience programs (e.g., establishing cyber strategies, frameworks, and governance structures). Consistent with many jurisdictions, and partly a result of widespread remote working arrangements implemented in response to the global pandemic, cybersecurity threats to financial stability increased. However, high standards of risk management meant threats did not materialize into significant losses and/or disruptions.

Download or read book Financing Sustainable Development in Africa written by Uchenna R. Efobi and published by Springer. This book was released on 2018-05-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume provides a critical evaluation of financing options for sustainable development in Africa. While sustainability has long been the watchword for development programs, and while many African countries have taken initiatives to develop integrated frameworks that tackle developmental challenges—including poverty, education, and health—financing has remained a challenge. In this book, an expert team of chapter authors examines new financing options while also exploring how traditional financing means, such as foreign aid and foreign direct investment, can be more effective for sustainability. The authors discuss how African nations can build adequate structures and productive capacity to create a platform that can meet present economic, social, and environmental needs without compromising the ability of future generations to meet their own needs. Practical case studies and scientific evidence give this book a unique approach that is both qualitative and quantitative. This book will be of interest to students, practitioners, and scholars of development studies, public policy and African economics.

Download or read book The Integrated East African Financial System Is it Feasible written by Mugerwa Paul and published by African Books Collective. This book was released on 2020-04-13 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the EAC regional bloc is soon celebrating 20 years since its inception, is it any closer to being fully integrated? Is the regional financial integration still feasible? How can it work for every member State and every East African? How can other RECs learn from the EAC experience? What should be further considered to optimise the business sense in the entire financial integration drive? In an analysis of more than 70 financial and other institutions the author addresses the levels of financial inclusion, financial system development, and regional integration to assess the feasibility of a financially integrated EAC and provides benchmarks which inform policy. The author explores not only conventional finance and banking but also introduces one area that is usually not captured in most writings and books in this areas i.e. Islamic Finance. While Islamic Finance is slowly becoming a mainstream area of finance, there has been limited research, works and writing in the area.

Download or read book Research Anthology on Concepts Applications and Challenges of FinTech written by Management Association, Information Resources and published by IGI Global. This book was released on 2021-02-05 with total page 671 pages. Available in PDF, EPUB and Kindle. Book excerpt: FinTech, an abbreviated term for financial technology, is a digital revolution changing the way banking and financial services are being used both by individuals and businesses. As these changes continue to take place, the financial industry is focused on technological innovation and feeding into this digital revolution to better serve consumers who are looking for easier ways to invest, transfer money, use banking services, and more. FinTech is increasing accessibility to financial services, automating these services, expanding financial options, and enabling online payments and banking. While the benefits are being continually seen and this technology is becoming more widely accepted, there are still challenges facing the technology that include security concerns. To understand FinTech and its role in society, both the benefits and challenges must be reviewed and discussed for a holistic view on the digital innovations changing the face of the financial industry. The Research Anthology on Concepts, Applications, and Challenges of FinTech covers the latest technologies in FinTech with a comprehensive view of the impact on the industry, where these technologies are implemented, how they are improving financial services, and the security applications and challenges being faced. The chapters cover the options FinTech has unlocked, such as mobile banking and virtual transactions, while also focusing on the workings of the technology itself and security applications, such as blockchain and cryptocurrency. This book is a valuable reference tool for accountants, bankers, financial planners, financial analysts, business managers, economists, computer scientists, academicians, researchers, financial professionals, and students.

Download or read book The Economics of Banking and Finance in Africa written by Joshua Yindenaba Abor and published by Springer Nature. This book was released on 2022-09-17 with total page 1093 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book evaluates the characteristics and developments in Africa’s financial systems, including monetary policy, structured finance, sustainable finance and banking, FinTech, RegTech, SupTech, inclusive finance, the role of regulation in dealing with banking crises, the impact of the COVID-19 pandemic on Africa’s financial systems and how to reform the post-COVID-19 financial systems. It is made up of contributions from scholars in finance and economics as well as financial market practitioners. Banking and the financial markets play a significant role in the growth of various economies. Although a number of handbooks on banking and finance exist, they mainly focus on Europe, America and Asia. Banks and financial markets in Africa are confronted with different challenges and therefore present a unique case to understand Africa’s financial systems. A number of African countries have experienced banking crises and it is important to examine these issues as well as the regulatory regimes required to address them. This edited book contributes to the limited texts in the area by providing a comprehensive resource on banking and finance for students, scholars, researchers, policymakers, and financial market practitioners. It contains various theoretical and empirical chapters on banking and finance in Africa.

Download or read book Fintech written by International Monetary Fund and published by International Monetary Fund. This book was released on 2019-06-27 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper finds that while there are important regional and national differences, countries are broadly embracing the opportunities of fintech to boost economic growth and inclusion, while balancing risks to stability and integrity.

Download or read book Global Economic Interconnectedness International Trade and Finance written by Martínez-Falcó, Javier and published by IGI Global. This book was released on 2024-09-06 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade and finance are becoming increasingly complicated, which poses many challenges for policymakers, business professionals, and academics. Understanding the intricacies of this global economic landscape is vital to navigating modern business and policy-making complexities. However, the overwhelming amount of information makes comprehending the underlying theories and practices that drive these fields challenging. Global Economic Interconnectedness: International Trade and Finance provides a comprehensive analysis of the mechanisms of international trade and finance. By unraveling the complexities of these relationships, the book helps readers understand how economic policies are formulated, how global markets are influenced, and how individuals and nations are affected. The book provides a solid foundation for engaging with these critical issues, focusing on these fields' historical evolution and current state.

Download or read book The East Africa Financial System written by Mugerwa, Paul and published by Asante Capital Hub. This book was released on 2017-07-20 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this century, regional integration is taking a new shape in Africa. This book provides a deeper analysis of the: EAC Financial Institutions; the Commodity & Financial Markets the EAC Financial assets; a break-down of EAC Financial Infrastructure, Risks & Intermediation; and an exploration of EAC financial system players. Finally, the writer proposes an efficient and Integrated Financial System model that would work for the EAC economies to achieve regional and global competitiveness.

Download or read book Academic Research Reviews in Social Human and Administrative Sciences III written by Mehmet Ozer DEMIR and published by GLOBAL ACADEMY YAYINCILIK VE DANIŞMANLIK HİZMETLERİ SANAYİ TİCARET LİMİTED ŞİRKETİ. This book was released on 2023-12-01 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book consists of fifteen chapters. In this collection of academic research reviews, we embark on an illuminating journey through a tapestry of societal, educational, economic, and behavioral dimensions. Each chapter, offering nuanced insights and scholarly examinations. The chapters within this compendium traverse a broad spectrum of subjects, encompassing the multifaceted landscape of contemporary society. From probing the depths of human behavior in the digital realm to scrutinizing educational paradigms and delving into the intricate dynamics of financial ecosystems, these chapters serve as portals into understanding our ever-evolving world. We begin with an exploration into the underpinnings of credibility in the digital age. Simultaneously, we delve into the ideal constructs of primary education, seeking to redefine and refine our approaches to nurturing young minds in an everchanging world. The intersection of consumer behavior and marketing strategies comes into focus as we dissect the phenomenon of compulsive buying, examining its roots in aggressive marketing tactics. Additionally, a comparative analysis of competency-based school administrator training practices in Türkiye and Poland sheds light on diverse educational methodologies. The landscape of motivation in the digital era is explored, particularly concerning high school students and their engagement with social media platforms. Moreover, linguistic nuances are unraveled through an investigation of tense and aspect in Turkish conjugated verbs. Shifting our gaze to matters of finance, we explore innovative alliances in green finance and cash management for a sustainable future in Africa. The transformative role of CFOs amidst technological imperatives and ecological challenges is scrutinized, offering perspectives on navigating the financial revolution. The microcosm of individual financial behavior is dissected, presenting a comprehensive study on personal finance. Cooperative endeavors in the context of the COVID-19 pandemic are scrutinized, shedding light on the differentials of cooperativism in challenging times. The synergy between sustainability, environmental education, and the school of the future is explored, aiming to shape a more conscientious and ecologically aware generation. Furthermore, the nexus between mental health wellbeing, economic growth, and its contextual relevance in Nigeria is meticulously examined. Rounding up this diverse compilation, chapters on strategy implementation, innovation, and the survival of micro, small, and medium enterprises offer invaluable insights into the operational dynamics of businesses in today's world. This book stands as a testament to the indefatigable pursuit of knowledge, aiming not only to understand but also to propel forward the frontiers of social sciences research. We hope that this compilation serves as a catalyst for further inquiry and discourse, fostering a deeper understanding of the complex tapestry of human society. This book has been prepared for academics, researchers, doctoral students and policy makers working in the field of social, human and administrative sciences. Sincerely, Prof. Dr. Beatriz Lucia Salvador BIZOTTO Editor

Download or read book Finance in Africa written by European Investment Bank and published by European Investment Bank. This book was released on 2022-10-24 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banks in Africa are weathering the COVID-19 pandemic well and showing a lot of creativity to overcome the crisis's problems. But the war in Ukraine is causing new concerns. With interest rates rising in many countries and bond funding becoming more expensive, a significant number of banks are worried about rising financing costs. These issues and more are covered in the new Finance in Africa report, based on an annual survey of banks across the continent and supported by Making Finance Work for Africa, an initiative helping more people get loans across the continent. We surveyed 70 banks in sub-Saharan Africa from April to June in 2022 to find out if the war is hurting their business and to learn their views on climate lending, access to finance for women and the accelerating digitisation of the financial sector.

Download or read book Microfinance in Africa written by S. Rajagopalan and published by . This book was released on 2009 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa is home to some of the poorest and vulnerable populations in the world. The ten poorest countries in the world are in Africa. Sub-Saharan Africa is the region with the highest incidence and greatest depth of poverty in the world. Fewer than one in five adults in Africa has access to the services of a formal or semi-formal financial institution. Microfinance in Africa is growing, though. A broad range of diverse institutions offer financial services to the poor and low-income clients in Africa. These include non-governmental organizations, non-banking financial institutions, cooperatives, credit unions, rural banks, Rotating Savings and Credit Associations (ROSCAs), postal financial institutions and an increasing number of commercial banks. Increasingly, technology is being used to expand microfinance outreach mobile phone banking is one such example. This book provides an overview of the microfinance sector in Africa, reviews the performance and impact of microfinance institutions in the region, and outlines some of the opportunities and challenges that African microfinance has on hand.

Download or read book Blockchain Metaverse and Digital Payments written by Aijaz A. Shaikh and published by Taylor & Francis. This book was released on 2024-10-21 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain, metaverse, and digital payment technologies, collectively called digital ecosystem, have received much attention from academia, regulators, and industry alike. However, their usage across various sub-sectors of the economy and industry is slow, and deployment is still largely experimental. Due to its secure nature, many industrial players including banking and payment firms are looking for ways on using blockchain to develop consumer confidence and trust in the digital payments for wider adoptability and use. This book provides an in-depth and relevant overview of the main theories, frameworks, technologies and innovations, institutional structures or regulations (GDPR, PSD2), and empirical research that investigates users’ perspectives on blockchain technologies, metaverse, and digital payments. With chapters from international contributors, the book presents historical and contemporary developments, innovations, laws and legislation, research, and analysis using qualitative, quantitative, and mixed-method approaches to the adoption and continuous usage of these technologies and platforms. This timely collection offers valuable insights and empirical findings for bank executives, regulators, payment associations (VISA, MasterCard, etc.), policymakers, FinTech, BigTech, and start-up leaders who express interest in blockchain, metaverse, digital payments, as well as academia and researchers in the fields of business management, digital economy, digital technologies, and digital marketing.

Download or read book Corporate Sustainability in Africa written by Samuel Adomako and published by Springer Nature. This book was released on 2023 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses empirical, theoretical, and policy perspectives in its examination of the development of sustainability management of African firms. Documenting cases of sustainable activities across Africa and accelerating knowledge about the opportunities and challenges facing firms operating in Africa, the chapters examine various aspects of sustainability and sustainable entrepreneurship/innovations in the African context. The authors seek to shed light on how African nations can be positioned to meet the 2030 Sustainable Development Goals as well as the innovative strategies necessary to improve sustainability practices of African firms for greater success. With guidance for scholars and policymakers, this book will serve as a valuable resource, providing readers with an up-to-date and contextual understanding of sustainability practices, drivers, and challenges in Africa. Samuel Adomako is Associate Professor of Strategy at the Birmingham Business School at the University of Birmingham, UK. Albert Danso is Associate Professor of Accounting and Finance at the Leicester Castle Business School at De Montfort University, UK. Agyenim Boateng is Professor of Finance and Director of Finance and Banking Research Centre at the Leicester Castle Business School at De Montfort University, UK.