The Economics of Banking and Finance in Africa: Developments in Africa's Financial Systems - Hardcover

by Joshua Yindenaba Abor (Editor), Charles Komla Delali Adjasi (Editor)

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, impact of COVD-19 on Africa's financial systems and how to reform the post-COVID-19 financial systems. It is made up 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. A number of handbooks on banking and finance exist focusing 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 addressing them. This edited book will contribute to the limited texts in the area by providing a comprehensive resource on banking and finance for students, scholars, researchers and policymakers and financial market practitioners. It contains various theoretical and empirical chapters on banking and finance in Africa.

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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, impact of COVD-19 on Africa's financial systems and how to reform the post-COVID-19 financial systems. It is made up 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. A number of handbooks on banking and finance exist focusing 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 addressing them. This edited book will contribute to the limited texts in the area by providing a comprehensive resource on banking and finance for students, scholars, researchers and policymakers and financial market practitioners. It contains various theoretical and empirical chapters on banking and finance in Africa.

Joshua Yindenaba Abor is a financial economist with many years of expertise, mainly in development finance and economics research, as well as in senior-level practitioner, policy and consulting roles. He is Professor of Finance and former Dean at the University of Ghana Business School. He is Adjunct Professor of Development Finance at the University of Stellenbosch Business School. He is an External Fellow at the Centre for Global Finance, SOAS University of London, and a researcher with the African Economic Research Consortium as well as a Fellow of the Ghana Academy of Arts and Sciences. He has held Visiting Scholar positions at the International Monetary Fund (IMF), in Washington DC and is a member of the Monetary Policy Committee of the Bank of Ghana.

Charles Komla Delali Adjasi is Professor of Development Finance and Economics at the University of Stellenbosch Business (USB) School in Cape Town South Africa, where he served as Head of Development Finance Programmes from January 2013-June 2017. He is also a Visiting Professor at ENSEA Cote d'Ivoire and an AFREXIM Bank Research Fellow. He has previously been a Visiting Professor at the Department of Economics, Econometrics and Finance, University of Groningen in the Netherlands. His research focuses on financial markets, firm productivity and household welfare development in Africa. He has published widely in reputable journals, a co-edited one book and co-authored another.

Author Biography

Joshua Yindenaba Abor is a financial economist with many years of expertise, mainly in development finance and economics research, as well as in senior-level practitioner, policy and consulting roles. He is Professor of Finance and former Dean at the University of Ghana Business School. He is Adjunct Professor of Development Finance at the University of Stellenbosch Business School. He is an External Fellow at the Centre for Global Finance, SOAS University of London, and a researcher with the African Economic Research Consortium as well as a Fellow of the Ghana Academy of Arts and Sciences. He has held Visiting Scholar positions at the International Monetary Fund (IMF), in Washington DC and is a member of the Monetary Policy Committee of the Bank of Ghana.

Charles Komla Delali Adjasi is Professor of Development Finance and Economics at the University of Stellenbosch Business (USB) School in Cape Town South Africa, where he served as Head of Development Finance Programmes from January 2013-June 2017. He is also a Visiting Professor at ENSEA Cote d'Ivoire and an AFREXIM Bank Research Fellow. He has previously been a Visiting Professor at the Department of Economics, Econometrics and Finance, University of Groningen in the Netherlands. His research focuses on financial markets, firm productivity and household welfare development in Africa. He has published widely in reputable journals, a co-edited one book and co-authored another.