The Economics of Banking and Finance in Africa

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, the impact of the COVID-19 pandemic on Africa’s financial systems and how to reform the post-COVID-19 financial systems. It is made up of 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. Although a number of handbooks on banking and finance exist, they mainly focus 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 regulatoryregimes required to address them. This edited book contributes to the limited texts in the area by providing a comprehensive resource on banking and finance for students, scholars, researchers, 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, Professor of Finance and former Dean at University of Ghana Business School. He is an External Fellow at the Centre for Global Finance, SOAS University of London. He has held Visiting Scholar positions at the IMF and is a member of the Monetary Policy Committee of the Bank of Ghana.

Charles Komla Delali Adjasi is a Professor of Development Finance and Economics at Stellenbosch University Business School, where he was former Head of Development Finance Programmes. He is an Afreximbank Research Fellow, a Visiting Professor at ENSEA Cote d’Ivoire and was previously a Visiting Professor/Scholar at University of Groningen and the IMF.