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
- Prelims
- Part I Framework Chapters
- Chapter 1 The Rise of Financial Services in Africa: An Historical Perspective
- Chapter 2 High-Impact Entrepreneurship and Its Importance in Sub-Saharan Africa
- Chapter 3 Transforming Africa through Risk Management: Insurance Matters
- Chapter 4 The Financial Ecosystem for High-Impact Entrepreneurship in French-Speaking Sub-Saharan Africa
- Part II Case Studies of High-Impact Entrepreneurship in Banking
- Chapter 5 Atlantico: A New Benchmark for Angolan Banking
- Chapter 6 Equity Bank: A High-Impact Entrepreneurial Turnaround Story
- Chapter 7 Fidelity: Ghana’s Banking Success Story
- Chapter 8 Unico: A Unique Entrepreneurial Venture in Mozambique
- Part III Trends and Developments
- Chapter 9 Jaiz: The Birth of Non-Interest Banking in Nigeria
- Chapter 10 Impact Investing: Building a Better Africa
- Chapter 11 From Harambee to Modern Crowdfunding: The Opportunities and Challenges in Sub-Saharan Africa
- About the Authors
- Index