Making Finance Work for Africa

Making Finance Work for Africa PDF

Author: Patrick Honohan

Publisher: World Bank Publications

Published: 2007

Total Pages: 264

ISBN-13: 0821369105

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Drawing on its extensive experience in helping restructure and reform financial systems, the World Bank examines the state of African domestic financial systems in a global comparison. It identifies promising trends as well as pinpointing the major shortcomings that are observed across sub-Saharan Africa. Policy recommendations distinguish between those designed to make finance a more effective driver of economic growth and those designed to give low income, small-scale and other excluded groups better access to financial services.

Money and Banking in Africa

Money and Banking in Africa PDF

Author: Joshua Yindenaba Abor

Publisher: Springer Nature

Published: 2019-09-12

Total Pages: 393

ISBN-13: 3319774581

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This book presents a holistic exploration of the banking systems in Africa. Considering the central role that banks play in most developing countries and the vastly different trends and challenges they face, the book provides a crucial understanding of the specific environments in which banks operate. It addresses specific banking issues relevant to developing countries in general and Africa in particular, and explores the various dynamics of money and banking that separate Africa from the rest of the world. The authors build upon extensive Africa-based research and university teaching, and illustrate each topic with examples and cases from the continent. Written in an accessible style while retaining its practicality and relevance, it is an essential read for professionals, students, and other readers interested in policies affecting the banking sector’s development in Africa.

Credit, Currencies, and Culture

Credit, Currencies, and Culture PDF

Author: Endre Stiansen

Publisher: Nordic Africa Institute

Published: 1999

Total Pages: 194

ISBN-13: 9789171064424

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A striking feature of African history is the volume of commerce and production that has been possible without the full panoply of credit, insurances, future markets, stock companies, limited liability, and other legal and financial services that make up the formal sector of modern economies. The contributions to this volume investigate institutional nexuses through which money has been managed in Africa. Together they present important perspectives that are needed to understand the present economic crisis on the continent.

Financial Sector Development in Africa

Financial Sector Development in Africa PDF

Author: Thorsten Beck

Publisher: World Bank Publications

Published: 2012-11-27

Total Pages: 255

ISBN-13: 0821396285

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This edited volume contains eight studies of financial sector challenges in Africa that served as background studies for Financing Africa: Through the Crisis and Beyond. One of the major challenges for African financial systems is to expand financial services to a larger share of the population. The chapters in this area cover microfinance in Africa, the role of technology, reforms of payment infrastructure, and financing agriculture. Two chapters cover challenges in increasing long-term finance; one covers housing finance and the other the role of sovereign wealth fund. The book also contains a detailed discussion of bank regulation and supervision, especially in light of the current regulatory reforms in Europe and North America. The final chapter provides a political economy perspective, discussing the conditions for activist government policies in the financial sector.

Financial Development in Sub-Saharan Africa

Financial Development in Sub-Saharan Africa PDF

Author: Mr.Montfort Mlachila

Publisher: International Monetary Fund

Published: 2016-09-14

Total Pages: 79

ISBN-13: 1475532407

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This paper discusses how sub-Saharan Africa’s financial sector developed in the past few decades, compared with other regions. Sub-Saharan African countries have made substantial progress in financial development over the past decade, but there is still considerable scope for further development, especially compared with other regions. Indeed, until a decade or so ago, the level of financial development in a large number of sub-Saharan African countries had actually regressed relative to the early 1980s. With the exception of the region’s middle-income countries, both financial market depth and institutional development are lower than in other developing regions. The region has led the world in innovative financial services based on mobile telephony, but there remains scope to increase financial inclusion further. The development of mobile telephone-based systems has helped to incorporate a large share of the population into the financial system, especially in East Africa. Pan-African banks have been a driver for homegrown financial development, but they also bring a number of challenges.