The African Finance Journal

2003 - 2024

From Africagrowth Institute
Contact information at EDIRC.
Bibliographic data for series maintained by Kirk De Doncker ().

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Volume 19, issue 2, 2017

Comparative Analysis of Interest Rate Effects on Bank Performance in Emerging Market Versus African Economies pp. 1-28

Euphemia Godspower-Akpomiemie and Kalu Ojah

Bank Profitability Determination in Income Brackets in Africa: A Shareholder versus Stakeholder Perspective pp. 29-46

Baah Kusi, Agyapomaa Gyeke-Dako and Elikplimi Agbloyor

Doves, Hawks or Pigeons? Characterising Monetary Policy Regime Switches in Ghana pp. 47-57

William Godfred Cantah and Ferdinand Ahiakpor

Volume 19, issue 1, 2017

Financial Inclusion and Poverty Reduction in Sub-Saharan Africa pp. 1-22

Jabir Ibrahim Mohammed, Lord Mensah and Agyapomaa Gyeke-Dako

Herding Behaviour in Financial Markets: Empirical Evidence from the Johannesburg Stock Exchange pp. 23-44

Kofi A. Ababio and John Weirstrass Muteba Mwamba

Does Bank Sector Competition Improve amid Liberalization? Evidence from Ghana pp. 45-69

Frank Prah

The Link between Internal Financial Performance and External Financial Performance: Empirical Evidence from South African Firms pp. 70-98

Elda du Toit, John H. Hall and Rudra P. Pradhan

Volume 18, issue 2, 2016

Effects of Financing and Institutional Constraints on Capital Structure of Firms in Select African Countries pp. 1-44

Steven Ombati and Kalu Ojah

The Nexus Between Foreign Direct Investment and Foreign Aid: An Analysis of Sub-Saharan African Countries pp. 45-68

Kafayat Amusa, Nara Monkam and Nicola Viegi

Credit Referencing Bureaus and Bank Credit Risk: Evidence from Ghana pp. 69-92

Baah Kusi, Elikplimi Agbloyor, Vera Ogeh Fiador and Kofi Achampong Osei

The Linkages Between Financial Deepening, Trade Openness, and Economic Growth in the West African Economic and Monetary Union (WAEMU) pp. 93-116

Bernard Njindan Iyke, Theodore O. Antwi-Asare, Augustine F. Gockel and Emmanuel Abbey

Volume 18, issue 1, 2016

Insider Trading Law and Illegal Insider Trading in South Africa's Equity Market: Lessons from Corporate Takeovers pp. 1-19

Justin Mitchell and Odongo Kodongo

A Panel Ordered Response Model for Sovereign Credit Ratings in Africa pp. 20-33

Marinda Pretorius and Ilse Botha

Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa pp. 34-52

Simplice Asongu and Jacinta Nwachukwu

Economic Integration and Exchange Rate Dynamics in the West African Monetary Zone pp. 53-76

George Tweneboah, Daniel Agyapong and Siaw Frimpong

Volume 17, issue 2, 2015

Do Banks In Sub-Saharan Africa With Market Power Benefits From Monetary Policy? pp. 1-24

Mohammed Amidu

Does Investor Sentiment Explain The Seasonality Of Overreaction? Examples Of The Nigerian And South African Equity Markets pp. 25-54

Rafiq Raji and Kalu Ojah

Correlation Surprise: The African And South African Case pp. 55-83

Joanne Armstrong and David Bradfield

Short And Long-Term Dynamics Of Herd Behaviour At The Johannesburg Stock Exchange pp. 84-102

Olivier Niyitegeka and Devi Tewari

Volume 17, issue 1, 2015

Capital Structure, Profitability And Firm Value: Panel Evidence Of Listed Firms In Kenya pp. 1-20

Odongo Kodongo, Thabang Mokoaleli-Mokoteli and Leonard N. Maina

Implications Of The Eurozone Crisis For Monetary Unions In Sub-Saharan Africa pp. 21-40

Andy Mullineux

Analysing Sub-Saharan Africa Trade Patterns In The Presence Of Regional Trade Agreements-The Case Of COMESA, SADC, ECCAS And ECOWAS pp. 41-66

Alexander Bilson Darku and Adriana Boakyewaa Appau

Interest Rate Pass-Through, Financial Structure And Monetary Policy In South Africa pp. 67-90

Meshach Aziakpono and Magdalene Wilson

Volume 16, issue 2, 2014

An Assessment Of The Sustainability Of Kenya's Current Account Deficit pp. 1-15

Sheila Kaminchia and Samuel K. Tiriongo

A Greek Wedding In SADC? Testing For Structural Symmetry Towards SADC Monetary Integration pp. 16-33

Mulatu Zerihun, Marthinus Breitenbach and Francis Kemegue

How Would Monetary Policy Matter In The Proposed African Monetary Unions? Evidence From Output And Prices pp. 34-63

Simplice Asongu

A Portrait Of Informal Sector Credit And Interest Rates In Malawi: Interpolated Monthly Time Series pp. 64-81

Harold Ngalawa

Volume 16, issue 1, 2014

The Consistency Of Equity Style Anomalies On The JSE During A Period Of Market Crisis pp. 1-18

Ryan Kruger and Francois Toerien

Evidence Of Segmentation Among African Equity Markets pp. 19-38

Zivanemoyo Chinzara and Tinashe Harry Dumile Kambadza

The Fractal Nature Of The Johannesburg Stock Exchange pp. 39-56

Artwell Chimanga and Chipo Mlambo

Infrastructure And The Location Of Foreign Direct Investment: A Case Study Of African Manufacturing Firms pp. 57-78

Busani Moyo

Volume 15, issue 2, 2013

Is African Interest-Rate Volatility Susceptible To International Spillovers? pp. 1-21

Scott Hegerty

Monetary Policy And Speculative Bubbles: Evidence From South Africa pp. 22-42

Oswald Mungule

Investment And Inequality In Africa: Which Financial Channels Are Good For The Poor? pp. 43-65

Simplice Asongu

Assessing The Finance - Growth Channel In Kenya: A VAR Analysis pp. 66-84

Joseph Muchai

Volume 15, issue 1, 2013

Assessing the Stock Market Wealth Effect in South Africa pp. 1-12

Lumengo Bonga-Bonga

Fiscal Incentives for FDI and Infrastructure Development: Economic Diversification Options for SADC Countries pp. 13-35

Olalekan Yinusa

Monetary Policy, Foreign Exchange Intervention and Exchange Rate Volatility in Zambia pp. 36-55

Jonathan Chipili

Common Volatility Trends Across East African Foreign Exchange Markets pp. 56-81

Pako Thupayagale and Thato Mokoti

Stock Market Volatility And Non-Performing Loans: Evidence From Stocks Of The Nigerian Banks pp. 82-104

Sayo Oludare, Michael Olagunju and Olusegun Adelodun

Volume 14, issue 2, 2012

Current Account Sustainability of ECOWAS Countries pp. 1-22

Yaya Sissoko and Niloufer Sohrabji

Government Deposits at the Central Bank and Monetary Policy Operations in a Monetary Targeting Framework: A Threshold Autoregressive Model for Kenya pp. 23-42

Moses Muse Sichei, Daniel Amanja and Samuel Tiriongo

A Wavelet Perspective on the Real Interest Parity Condition pp. 43-63

Quinton Morris and Andrea Saayman

Nonlinear Serial Dependence in Share Returns on the Johannesburg Stock Exchange pp. 64-84

Ryan Kruger, Francois Toerien and Iain MacDonald

Modelling Exchange Rate Volatility in Zambia pp. 85-107

Jonathan Chipili

Volume 14, issue 1, 2012

Valuation of a Hydro-Electric Power Project in Emerging Markets: An Application of Real Options pp. 1-36

Richard Ottoo

The Balance of Payments Constraint Growth Model and the Effect of Trade Liberalization on the Trade Balance and Income Growth in Ghana pp. 37-66

Alexander Bilson Darku

Does FDI Contribute to the Integration into the Global Economy? Time-Series Evidence for Ten African Countries pp. 67-86

Yaya Keho

An Empirical Study of Taiwan's 1978-2006 Financial Development, Export, Saving and Economic Growth pp. 87-101

Vey Wang, Hai-Chun Yun and Lung-Sheng Lee

McKinnon-Shaw Complimentarity Hypothesis: Evidence From Lesotho pp. 102-114

Sephooko Motelle and Rethabile Masenyetse