Publications /
Paper in Academic Journals

Back
Unveiling the drivers of Africa's digital financial inclusion journey
Authors
Zakaria Elouaourti
January 31, 2024

This Paper was originally published on onlinelibrary.wiley.com

This study aimed to unveil the evolving landscape of digital financial inclusion in African countries during the post-COVID-19 era. We examined factors influencing the access and usage of digital financial services and identified population segments facing increased exclusion due to the digital divide. First, by applying principal component analysis to data collected at the country level from 39 African countries in 2014, 2017, and 2022, we developed a digital financial inclusion index. Second, the empirical research utilized a microlevel dataset of 29,042 adults from 29 countries, sourced from the World Bank's Global Findex 2021 database, employing the instrumental variable probit methodology. Comparative analysis showed improvements in digital financial inclusion rankings for Kenya, Lesotho, and Botswana, while Egypt, Sudan, Tunisia, and Niger experienced declines, indicating limited access. Our empirical findings suggest that certain groups, such as women and individuals with limited education and lower incomes, encounter obstacles in accessing digital financial services. Factors such as education level, labor market participation and access to technology and internet infrastructure emerged as crucial in promoting digital financial inclusion. Our sample's representative nature enhances the study's practical implications, guiding public policies and international institutions to accelerate digital financial inclusion in Africa.

RELATED CONTENT

  • Authors
    Mabingue Ngom
    May 17, 2024
    In today’s world, African governments face the challenge of not only providing basic services for their populations but also improving the quality of those services. However, resource constraints often make it difficult to provide high-quality services, creating a delicate balance between population growth, fiscal limitations and the pursuit of quality. This mission requires careful consideration and innovative solutions, especially in countries like Senegal. The Dilemma of Unmet S ...
  • Authors
    May 16, 2024
    L'intégration de l'Intelligence Artificielle (IA) en Afrique laisse entrevoir des perspectives prometteuses et pose des défis substantiels. Si certains pays du continent se distinguent par leur engagement et leurs avancées dans la préparation à l'adoption de l'IA, d'autres font face à des obstacles majeurs, tels que les inégalités structurelles et les fractures numériques. Cette disparité souligne la nécessité d'une approche inclusive et holistique pour garantir que tous ...
  • Authors
    Bruce Byiers
    Saloi El Yamani
    May 14, 2024
    As the African Continental Free Trade Area (AfCFTA) enters its fifth year, the rules of origin for trade in goods are still being finalised, but the institutional architecture is nearly complete with increased capacity, technical committees and new supporting instruments. Despite this progress in AfCFTA ‘policy supply’, meaningful trade under the AfCFTA is still to begin. For this to happen, there must be ‘policy demand’ from the private sector to use the agreement’s range of protoc ...
  • Authors
    Abdelkhalek Touhami
    Dorothee Boccanfuso
    May 9, 2024
    L'idée d'un effritement de la classe moyenne marocaine est répandue, suggérant un glissement vers une classe aisée toujours plus riche et des classes plus pauvres ce qui sous-entend une augmentation de la polarisation dans la société. Cependant, aucune étude basée sur des données n'a été menée pour confirmer cette perception. Notre étude comble ce vide en analysant l'évolution de la classe moyenne entre 2012 et 2019. En utilisant la définition opérationnelle de Abdelkhalek (2014) de ...
  • May 2, 2024
    This article was originally published on tandfonline.com   This article explores the intricate relationship between economic growth and unemployment across multiple African countries, with a focus on estimating the Okun’s coefficient. Data from the International Labour Office (ILO) and the World Bank’s databases for 39 African nations were utilised. Two distinct methodological approaches, first differences and the Hodrick-Prescott (HP) filter, were employed to assess result robust ...
  • April 30, 2024
    This paper aims to quantify the economic loss from the earthquake that hit Morocco on September 8, 2023, and to evaluate the impact of the five-year reconstruction plan, that will account for roughly 8.5% of GDP. Given the geographically concentrated location of the earthquake, which hit some provinces in the central part of Morocco, the methodology used relies on an inter- province inter-industry Input-Output (IIO) table for Morocco. Assuming that the resources to be spent on infra ...
  • Authors
    April 29, 2024
    L’Agence française de développement (AFD) et le Policy Center for the New South (PCNS) ont réuni le  17 avril dans les locaux du PCNS, au campus de l’Université Mohammed VI Polytechnique (UM6P) de Rabat, les acteurs du partenariat public-privé dans le secteur de la formation professionnelle. Cet évènement a permis de mettre en lumière le modèle marocain de partenariat public-privé en la matière, notamment les Instituts de formation à gestion déléguée (IGD). Cet évènement s’est ten ...
  • April 18, 2024
    Dans cet épisode, nous accueillons M. Badr Mandri, Economiste au Policy Center for the New South qui partage son analyse sur « La Dette et développement en Afrique ». Plusieurs pays d'Afrique ont déclaré un défaut de paiement ou se sont engagés dans des initiatives de suspension du serv...
  • April 18, 2024
    L'émergence fulgurante de l'intelligence artificielle (IA) représente un phénomène mondial, marqué par une croissance exponentielle des publications et des investissements massifs atteignant 189,6 milliards USD en 2021, contre environ 14,7 milliards en 2013. Cette accélération suscite une prise de conscience accrue de la nécessité pressante de mettre en place une gouvernance efficace de l'IA, comme en témoigne l'augmentation significative du nombre de projets de loi dédiés, passant ...