Journal of African Business 

About: Journal of African Business is an academic journal published by Taylor & Francis. The journal publishes majorly in the area(s): Business & Entrepreneurship. It has an ISSN identifier of 1522-8916. Over the lifetime, 549 publications have been published receiving 10069 citations.

Information Sharing and Financial Sector Development in Africa

Abstract: This study investigates the effect information sharing has on financial sector development in 53 African countries for the period 2004 to 2011. Information sharing is measured with private credit bureaus and public credit registries. Hitherto unexplored dimensions of financial sector development are employed, namely: financial sector dynamics of formalization, informalization, and non-formalization. The empirical evidence is based on Ordinary Least Squares (OLS) and Generalized Method of Moments (GMM). The following findings are established. Information-sharing bureaus increase (reduce) formal (informal/non-formal) financial sector development. In order to ensure that information-sharing bureaus improve (decrease) formal (informal/non-formal) financial development, public credit registries should have between 45.45 and 50% coverage while private credit bureaus should have at least 26.25% coverage.

The role of information sharing in modulating the effect of financial access on inequality

Abstract: This study examines the role of information sharing in modulating the effect of financial access on income inequality in 48 African countries for the period 2004–2014. Information sharing is proxie...

How has Mobile Phone Penetration Stimulated Financial Development in Africa

Abstract: In the first macroeconomic empirical assessment of the relationship between mobile phones and finance, this paper examines the correlations between mobile phone penetration and financial development using two conflicting definitions of the financial system in the financial development literature. With the traditional IFS (2008) definition, mobile phone penetration has a negative correlation with traditional financial intermediary dynamics of depth, activity and size. However, when a previously missing informal-financial sector component is integrated into the definition, mobile phone penetration has a positive correlation with informal financial development. Three implications result: there is a growing role of informal finance; mobile phone penetration may not be positively assessed at a macroeconomic level by traditional financial development indicators and; it is a wake-up call for scholarly research on informal financial development indicators which will oriented monetary policy.

Government Quality Determinants of Stock Market Performance in African Countries

Abstract: How do government policies and institutions affect stock market performance? As stock markets grow broader and deeper in African countries, the question becomes more critical. Government quality dynamics of corruption control, government effectiveness, political stability or no violence, voice and accountability, regulation quality and rule of law are instrumented with income levels, religious dominations, press freedom degrees, and legal origins to account for stock market performance dynamics of capitalization, value traded, turnover and number of listed companies. The results demonstrate a significant positive association between stock market performance measures and the quality of government institutions. These findings suggest countries with better developed government institutions would favor stock markets with higher market capitalization, better turnover ratios, higher value in shares traded and greater number of listed companies.

Gender, Social Networks, and Entrepreneurship in Ghana

Abstract: This article reports the results of an exploratory study on gender-based differences in the motives underlying entrepreneurial activities in Ghana, the barriers and opportunities that the operational environment presents, and the manner in which entrepreneurs leverage resources. The evidence suggests that female entrepreneurs tend to have more difficulties in accessing bank financing but they compensate by cultivating social relationships and using the social capital derived from them as a resource leveraging mechanism. Women also tend to depend more on their social relationships for moral and emotional support during the initial stages of their enterprise development. No other substantial gender-based differences have been noted.