Does ambient infrastructural quality affect foreign direct investment (FDI) in developing countries This paper investigates how the arrival of high-speed internet in Africa triggered FDI into the banking and technology services sectors. It also explores the role of complementary infrastructure,...

This paper investigates the effects of access to high-speed internet on innovation and entrepreneurship in Africa. The identification strategy exploits the staggered arrival of submarine internet cables to the coast of Africa and the subsequent rollout of terrestrial fiber network across the...

Africa's rural population continues to expand rapidly and labor productivity in agriculture and many rural off farm activities remains low. This paper uses the lens of a dual economy and the associated patterns of agricultural, rural, and structural transformation to review the evolution of...

The COVID-19 pandemic is posing an existential threat to the air transport sector globally, including in Africa. Due to sustained and significant loss of revenue coupled with the presence of several fixed and quasi-fixed inputs in this sector, the survival of carriers is questionable in the...

The need for gender inclusion was highlighted as the fifth sustainable development goal (SDG) (i.e. SDG5) and policies have been gearing towards attaining this objective and its subsequent effect on macroeconomic outcome. Equally, the demonstrated trend of infrastructures in Africa in terms of...

Existing high tariffs and non-tariff trade barriers on the African continent prevent greater intra-African integration. The Pan-African Free Trade Area (AfCFTA), which has been in force since January 2021, aims to generate sustainable growth through greater trade integration on the continent....

This study investigated the role of productive capacity by testing the debt-led growth hypothesis in 54 African Countries. This study is motivated by the rising nature of external debt following the fallout of the Covid-19 and the neglect of productive capacity in the debt-growth empirical...

Since 2007, crowdfunding platforms have abounded on the web. It is estimated at 2.5 billion dollars the potential of the crowdfunding market in sub-Saharan Africa by 2025. The objective of this paper is to make an inventory of Crowdfunding activities in Africa, region with a most restrictive...

Empirical evidence suggests that international ownership of local firms supports firm performance and growth through various channels such as financing, technology transfer, and improved access to international markets. This is particularly true for small and medium-sized enterprises (SMEs) that...

Objective: The objective of this study was to examine the moderating effect of institutional quality in the relationship between oil rents and entrepreneurial start-ups for oil-rich countries in Africa. Research Design & Methods: The study employed panel regression techniques that included...

We propose a simple and reproducible methodology to create a single equation forecasting model (SEFM) for low-frequency macroeconomic variables. Our methodology is illustrated by forecasting annual real GDP growth rates for 52 African countries, where the data are obtained from the World Bank...

The aim of this study was to examine the impact of adopting information and communication technologies (ICT) on the development of African stock exchanges. The study examined a panel of 11 African stock exchanges for the period 2008-2017 and employed the generalised method of moments (GMM) to...

It is a well-established practice of many Sub-Sahara African (SSA) governments to aid entrepreneurs within both the formal and informal sectors in order to enhance their performance and growth. Unfortunately, there is no agreed method by which governments can differentiate between entrepreneurs...

This paper is interested in explaining the causes of the simultaneous evolution between economic growth and informality. Using a large annual panel of African countries with a time series of 25 years, ours results show that when the corruption rate is above (below) a threshold of 1.3577,...

The study assesses the how information sharing by means of mobile phones affects banking system efficiency in Africa with particular emphasis on income levels (Middle income versus Low income countries) and legal origins (English Common law versus French Civil law countries). The focus is on 53...

This study examines the effect of women's socioeconomic empowerment on environmental sustainability in Africa over the 1996-2019 period. Results of the system Generalised Method of Moments (GMM) estimator reveal that women's socioeconomic empowerment is environment enhancing. Moreover, the...

This study examines whether the remarkable inflow of resources in the form of foreign direct investment (FDI) to SSA contributes to inclusive growth in the region. The study further investigates whether SSA's institutional fabric modulates the effect of FDI on inclusive growth in SSA. To this...

This study investigates how enhancing information and communication technology (ICT) affects female economic participation in sub-Saharan African nations. Three female economic participation indicators are used, namely female labor force participation, female unemployment and female employment...

This study employs the Pool Mean Group framework to investigate the impact of corporate finance and industrial performance on pollution in Africa between 1990 and 2020. The study, which focuses on 36 African nations, found that corporate financing insignificantly enhances environmental quality...

Purpose: This article presents a critical measure that both African governments and financial institutions can use to gauge whether a small business is likely to contribute meaningfully to economic growth. Design/methodology/approach: The research was approached by the fact that only more...

This paper provides a literature review on youth employment challenges in rural Africa. The rapidly changing demographic structure across the continent is expected to have important economic and social consequences, especially for employment. So far, despite sustained economic growth, African...

What is the level of state capacity in developing countries today, and what have been its drivers over the past century? We construct a comprehensive new dataset of tax and revenue collection for 46 African polities from 1900 to 2015. Descriptive analysis shows that many polities in Africa have...

Purpose - The main purpose of the paper is to examine the truth behind allegations of neo-colonialism performed by China toward Africa, which was raised due to the growing relationship between China and Africa that enhanced the debate between supporters of the notion of neo-colonialism or mutual...

This study examines the impact of commodity price shocks on the banking sector stability of 18 African commodity-exporting economies using an unbalanced panel dataset spanning a 16-year period from 2000-2015. The study on the impact of commodity price shocks on African commodity-exporting...

Africa’s sovereign debt markets are not well understood, partly due to a lack of data. This paper introduces the Africa Debt Database (ADD), the most granular and comprehensive dataset on external borrowing by African governments thus far. Our project moves beyond existing aggregate datasets...

In recent decades, Africa has received a large share of official development assistance compared to other regions of the world. Using AidData for 2000-13, this paper examines the effects of aid to productive sectors on manufacturing growth in Africa. Econometric results show that increased...

The study has contributed to the extant literature on the relevance of the African Continental Free Trade Agreement (AfCFTA) by assessing how financial development dynamics can moderate the incidence of African trade integration on female labour force participation. The focus is on 47 African...

This study contributes to the scholarly literature on the drive towards sustainable development in light of the UN's Agenda 2030 and the African Union's Agenda 2063 by examining pathways through which energy efficiency (EE) promotes inclusive green growth (IGG) in Africa. Our contribution is...

This study examines the spatial impact of FDI on the poverty of 44 African countries. In achieving this, the study uses the Driscoll-Kraay fixed effect instrumental variable regression, the instrumental variable generalized method of moments estimator (IV-GMM), and the spatial Durbin model. The...

Does ambient infrastructural quality affect foreign direct investment (FDI) in developing countries This paper investigates how the arrival of high-speed internet in Africa triggered FDI into the banking and technology services sectors. It also explores the role of complementary infrastructure,...

This paper investigates the effects of access to high-speed internet on innovation and entrepreneurship in Africa. The identification strategy exploits the staggered arrival of submarine internet cables to the coast of Africa and the subsequent rollout of terrestrial fiber network across the...