Index

Developing Africa’s Financial Services

ISBN: 978-1-78714-187-2, eISBN: 978-1-78714-186-5

Publication date: 8 May 2017

This content is currently only available as a PDF

Citation

(2017), "Index", Redford, D.T. (Ed.) Developing Africa’s Financial Services, Emerald Publishing Limited, Leeds, pp. 283-288. https://doi.org/10.1108/978-1-78714-187-220171017

Publisher

:

Emerald Publishing Limited

Copyright © 2017 Emerald Publishing Limited


INDEX

Acquisition, development, utilization, and maintenance (ADUM model)
, 125, 134

African Crowdfunding Association (ACfA)
, 272

African insurance industry
, 61–77

African Insurance Organization (AIO)
, 76

Atlantico

brand & organizational culture
, 108–110

career mobility
, 113–114

competitive advantage
, 112

corporate social responsibility
, 115–116

economic stability, contribution to
, 117

financial services sector, development of
, 96–97

internationalization
, 110–111

marketing approach
, 108

market leadership
, 114–117

market positioning
, 107–108

national financial sector policy
, 97–98

technology
, 111–112

training, knowledge, and skills
, 112–113

Banco Único
, 179, 187–188

banking institutions
, 4, 5, 10, 26, 30

market positioning
, 189

technology at
, 185–187

Bankable Frontier Associates
, 130

Banking

in CFA zone
, 83–84

for growing industrial economies
, 12–15

in independent Africa
, 20–25

for modern industrial economy
, 15–20

in opening African markets
, 25–35

Banking institutions
, 4, 5, 10, 26, 30

See also Atlantico; Banco Único; Equity Bank; Fidelity Bank; Jaiz Bank

Banking stability
, 17

Bank of Ghana (BoG)
, 160

Bank’s performance
, 160–161

Barclays Overseas Development Corporation (BODC)
, 20

Benefit-Cost Analysis
, 253

Blended Return on Investment (BROI)
, 248

BODC. See Barclays Overseas Development Corporation (BODC)

BoG. See Bank of Ghana (BoG)

British colonial administration
, 10

CAEMC. See Central African Economic and Monetary Community (CAEMC)

Cartel-like agreements
, 14

CDC. See Colonial Development Corporation (CDC)

CDH. See Consolidated Discount House (CDH)

CDW. See Colonial Development and Welfare Act (CDW)

Central African Economic and Monetary Community (CAEMC)
, 29, 80

Civil society
, 45

Civil war
, 94

Colonial Development and Welfare Act (CDW)
, 20

Colonial Development Corporation (CDC)
, 20

Colonization
, 6

Commercial network valuations
, 7

Commodities prices
, x

Consolidated Discount House (CDH)
, 160

Corporate social responsibility (CSR)
, 166–168, 223–225

Crowdfunding

and African culture
, 267–269

challenges
, 269–270

industry self-organization
, 272–273

microfinance
, 266–267

mobile payments
, 271–272

network externalities
, 269–270

opportunities of
, 264–269

regulatory issues
, 270

rewards-based
, 264

transform Africa
, 264–266

trends
, 270–273

CSR. See Corporate social responsibility (CSR)

Development Finance Institution (DFI)
, 256

East African monetary union
, 126

Ecobank Transnational Incorporated (ETI)
, 30

Economic independence
, 5

Efficiency-driven economies
, 158

Entrepreneurial ecosystems, x
, 80–81

Equity Bank

banking institutions
, 4, 5, 10, 26, 30

equity
, 131–133

financial inclusion
, 130–131

human resources
, 133–139

market leader
, 127–130

organizational culture
, 133–139

regional economic integration
, 126–127

strategic acquisitions
, 134–136

strategic development
, 136

strategic maintenance
, 137–139

strategic utilization
, 136–137

Equity Building Society
, 127

Equity Group Foundation
, 132

ETI. See Ecobank Transnational Incorporated (ETI)

Factor-driven economies
, 158

Fédération des Sociétés d’Assurances de Droit National Africaines (FANAF)
, 76

Fidelity Bank
, 153–169

banking institutions
, 4, 5, 10, 26, 30

banking sector
, 155–156

globalization
, 163–164

high-impact entrepreneurs developing in
, 162

knowledge spillover theory
, 147–148

Sub-Saharan Africa
, 154–155

Financial institutions, international expansion of
, 81

Financial Institutions Act of
, 2004, 28

Financial services, in Africa
, 92–94

Fonds d’investissement pour le développement économique et social (FIDE)
, 20

Foreign banks
, 26

Foreign direct investment (FDI)
, ix

French banks
, 83

GDP. See Gross domestic product (GDP)

GIIRS. See Global Impact Investing Rating System (GIIRS)

Global entrepreneurship monitor (GEM)
, 98, 158–159

Global financial crisis (GFC)
, 29

Global Impact Investing Network (GIIN)
, 249

Global Impact Investing Rating System (GIIRS)
, 254

Groupe Banque Central Populaire (GBC)
, 30

Harambee
, 267

High-impact entrepreneurship (HIE)

conditions for
, 49

definition of
, 145–146

empirical evidence
, 148–151

financial capital
, 153–154

financial sector
, 50–54

founding teams
, 151–152

in French-speaking Sub-Saharan Africa

CFA zone
, 83–84

currency zone and trade difficulties
, 81–83

entrepreneurial ecosystems
, 80–81

gender, role of
, 152–153

Gibrat’s law
, 146–147

Global Entrepreneurship Monitor (GEM)
, 158–159

importance
, 44–47

knowledge spillover theory
, 147–148

policy aspects of
, 54–56

public perception of
, 47

qualified human capital
, 163

role model capacity
, 47

social capital
, 153

success ingredient of
, 54

transformational entrepreneurs
, 46

Impact investment

and Africa
, 247–261

challenges and opportunities
, 259–261

definition
, 247–250

financial performance
, 255

impact
, 252–255

investing in
, 251–252

and public policy
, 256–257

stakeholders
, 250–251

Impact Reporting and Investment Standards (IRIS)
, 254

Impact Value Chain
, 253

Indian Ocean trade
, 7

Industrial economies
, 12–20

Initial public offering (IPO)
, 157

Innovation-driven economies
, 158

Innovations for Poverty Action
, 55

Insurance

absence of
, 63

culture and demand
, 74–75

distribution
, 71–74

insurance market
, 64–65

in practice
, 63–64

productive advantage
, 69–70

and small businesses
, 65–69

small enterprises
, 70–75

in theory
, 62–63

International Labour Organization (ILO)
, 63

Islamic banking
, 199–211, 213–214, 218, 220, 222–223, 234

Islamic Banking Act of
, 1983, 206

issue of
, 205

in Nigeria
, 206–208

vs. non-interest banking
, 200–201

Shariah (Islamic ruling)
, 204

Jaiz Bank
, 210–213

banking regulations
, 208–210

business
, 233

corporate social responsibility (CSR)
, 223–225

employment
, 233

financial inclusion
, 232

growth
, 215–217

impact
, 231–232

investment
, 233

investment (financing) risk products
, 226–228

Islamic banking
, 206–208

vs. conventional banking
, 201–202

vs. non-interest banking
, 200–201

non-interest banking, history of
, 202–206

ownership
, 221–222

product risk mitigation techniques
, 228–231

promoters and management
, 213–215

revenue by products
, 226

risk products
, 226

social impact
, 233

strategy
, 217–221

technology
, 222–223

trade
, 233

London goldsmith bankers
, 12

Macro-economic conditions
, 61

Macro-economic policy environment
, 5

Market imperfection
, 21

Market-oriented policies
, 5

Mediterranean
, 7, 8

MicroEnsure
, 74

Microfinance industry
, 24

Microinsurance, in Africa
, 64

Mobile banking
, xiv

Mobile money

accounts
, 31

growth in
, 33

innovations
, 5, 31

and mobile banking
, 30

regulatory accommodation of
, 33

in South Africa
, 33

in Tanzania
, 32

transfer mechanisms
, 33

use of
, 34

Monetary exchange
, 8

Money, socio-cultural foundations of
, 5–9

Mozambique

challenges and opportunities
, 177

customer
, 182–183

entrepreneurial exit
, 190–191

financial inclusion
, 178

financial services
, 178

innovative entrepreneur
, 180–181

marketing approach
, 189–190

market positioning
, 189

mozambican financial inclusion
, 191–193

real competitive advantage
, 187

strategic positioning
, 188–189

technology
, 184–187

in transition
, 175–176

M-Pesa
, xv, 32–33

Negotiable certificates of deposit (NCD)
, 18

NGOs. See Non-governmental organizations (NGOs)

Non-governmental organizations (NGOs)
, 48

non-interest banking

history of
, 202–206

vs. Islamic banking
, 200–201

licenses, types of
, 209

Regulation and Supervision of Non-Interest Banks (NIBs)
, 204

Non-performing loan (NPL)
, 156

OECD-Eurostat Manual on Business Demography Statistics
, 145

Ongoing Assessment of Social Impacts (OASIS)
, 253

Overseas Food Corporation (OFC)
, 20

Personal and professional networks play
, 164–165

Portuguese (Portugal)
, 6, 92, 100, 103, 105, 109, 111, 175, 179, 186

Post-independence
, 23, 35

Poverty and Social Impact Analysis (PSIA)
, 253

Private banking
, 11

Property insurance
, 72–73

Register of Co-operation Between the commercial banks (ROCO)
, 14

Rural and Community Banks (RCBs)
, 155

Rural Financial Services Project (RFSP)
, 155

Securities Discount Company Limited (SDC)
, 160

Small and medium enterprises (SMEs), xi
, 63

Small businesses, insurance
, 65–69

culture and demand
, 74–75

distribution
, 71–74

productive advantage
, 69–70

small enterprises
, 70–75

Social impact
, 252

Social Return on Investment (SROI)
, 253

Standard Bank Finance and Development Corporation (SBFDC)
, 21

Único. See Banco Único

Unstructured Supplementary Service Data (USSD)
, 162

West African Economic and Monetary Union (WAEMU)
, 29, 82

World Economic Forum’s Global Competitiveness Report
, 43, 45, 51