This paper studies the effect of settlement and mortality on the growth of African financial markets using the mediation of institutions over the period 1996-2017. A comparative result is based on two types of data bases. Firstly, the Acemoglu et al.'s (2001) database and the Albouy's (2006)...

This article analyzes the determinants of the growth of financial markets in Africa for a sample of 41 countries during the period 1996-2017. Using a new approach by the index of financial markets, the results obtained from the generalized system moments method reveal that GDP per inhabitant,...