Banking on Inclusion

Overcoming Financial Exclusion in Africa through FinTech Innovations
Erscheinungsjahr 2025
ISBN: 978-3-031-96715-3
Verlag: Springer

Buch, Englisch, 377 Seiten, Format (B × H): 153 mm x 216 mm, Gewicht: 626 g

Reihe: Sustainable Development Goals Series

This book offers a comprehensive analysis of how financial technology (FinTech) innovations are reshaping the financial landscape in Africa, addressing the critical issue of financial exclusion. It provides a focused examination of how digital solutions such as mobile money, digital banking, blockchain, and peer-to-peer lending are overcoming the longstanding barriers that have hindered access to formal financial services across the continent. These barriers include limited banking infrastructure, high transaction costs, and low financial literacy, all of which disproportionately affect underserved populations in both rural and urban areas.

While financial exclusion is a global issue, Africa presents a unique case where the majority of the population remains unbanked or underbanked, despite the widespread use of mobile phones and the growth of digital ecosystems. By examining these specific regional challenges and offering targeted solutions, this book fills a gap in existing literature that often generalizes FinTech's impact without addressing the specific needs and circumstances of African economies. It will be of interest to academics, students, and policymakers of development finance, financial inclusion, financial services, and financial technology. 

Zielgruppe

Research

Autoren/Hrsg.

Yakubu, Ibrahim Nandom

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets

Inhaltsverzeichnis

Chapter 1: Understanding Financial Exclusion in Africa: Challenges and Impacts Chapter 2: The Rise of FinTech in Africa: Empowering the Underserved and Unbanked Chapter 3: The Mobile Money Revolution: Transforming Payments and Financial Access in Africa Chapter 4: Digital Banking Solutions: Enhancing Accessibility and Convenience Chapter 5: Innovative Lending Solutions for Underserved Populations in Africa Chapter 6: Blockchain and Cryptocurrencies: Decentralized Finance for Inclusion Chapter 7: InsurTech in Africa: Redefining Insurance for the Underserved Chapter 8: Emerging FinTech Savings and Investment Platforms in the African Financial Landscape Chapter 9: Leveraging Technology for Financial Education and Empowerment in Africa Chapter 10: Cybersecurity and Data Protection in FinTech: Ensuring Safe and Inclusive Financial Services Chapter 11: Islamic FinTech and Ethical Finance: Opportunities for Inclusive Finance in Africa Chapter 12: Regulatory Framework and Policy Challenges in FinTech-Driven Financial Inclusion Chapter 13: Collaborative FinTech Models for Advancing Financial Inclusion: Public-Private Partnerships and Beyond Chapter 14: The Future of Financial Inclusion in Africa: Policy and Strategic Innovations

Über Autor(innen)

Ibrahim Nandom Yakubu is a Lecturer at the UDS School of Business. He holds a PhD in Banking and Finance and is a highly motivated, accomplished researcher with expertise in inclusive finance, financial markets, corporate governance, and sustainability. He is a recipient of the 2022 Emerald Literati Award for Outstanding Paper. Dr. Yakubu is also a member of the African Accounting and Finance Association (AAFA) and serves as an associate editor for the (RBGN) and the . With a strong quantitative background, he has authored several book chapters and research articles addressing critical issues in sustainability.