Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa

Simplice Asongu and Jacinta Nwachukwu ()

The African Finance Journal, 2016, vol. 18, issue 1, 34-52

Abstract: The study assesses the role of mobile phones and mobile banking in decreasing inequality in 52 African countries. The empirical procedure involves first, examining the income-redistributive effect of mobile phone penetration and then investigating the contribution of mobile banking services in this relationship. The findings suggest an equalizing income-redistributive effect of ‘mobile phone penetration’ and ‘mobile banking’, with a higher income-equalizing effect from mobile banking compared to mobile phone penetration. Poverty alleviation channels explaining this difference in inequality mitigating propensity are discussed.

Keywords: Banking; Mobile Phones; Shadow Economy; Financial Development; Africa (search for similar items in EconPapers)
JEL-codes: E00 G20 L96 O17 O33 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (59)

Downloads: (external link)
http://www.journals.co.za/ej/ejour_finj.html (text/html)

Related works:
Working Paper: Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa (2016)
Working Paper: Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa (2016)
Working Paper: Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:afj:journl:v:18:y:2016:i:1:p:34-52

Access Statistics for this article

More articles in The African Finance Journal from Africagrowth Institute Contact information at EDIRC.
Bibliographic data for series maintained by Kirk De Doncker ().