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 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

Daniel Makina is Professor of Finance at the University of South Africa. He holds a PhD from the University of Witwatersrand, Johannesburg and an MSc in Financial Economics from the University of London. His research interests are in banking, financial inclusion and migration financial economics and has published on these topics in reputed international journals such as Applied Financial Economics, Applied Economics, African Development Review, African Finance Journal, Migration Letters, International Migration, among others. He is co-author with Lawrence J. Gitman and others of the book Principles of Managerial Finance: Global and Southern African Perspectives. He also contributed the Chapter The Mortgage Market, Character and Trends in Africa to the International Encyclopaedia of Housing and Home. In 2017, he served as Guest Editor of the African Journal of Economic and Management Studies and won the Emerald Reviewer Literati Award.