Developing Africa's financial services : the importance of high-impact entrepreneurship / edited by Dana T. Redford.

Format:

Book

Contributor:

Redford, Dana T., editor.

Language:

English

Subjects (All):

Financial services industry--Africa.

Financial services industry.

Entrepreneurship--Africa.

Entrepreneurship.

Physical Description:

1 online resource (313 pages)

Edition:

First edition.

Place of Publication:

England : Emerald Publishing, 2017.

Summary:

Africa is at a critical moment in its economic development. With the recent decline of commodity prices, it has become apparent that many African economies, which are resource-based, have suffered greatly. The economies of Africa cannot be lifted up only through programs of aid. Indigenous high-impact entrepreneurs are needed, as they know how to best inspire, act as role models for other Africans and serve their fellow entrepreneurs. Entrepreneurial ventures in the financial services sector hold special importance because of the role that they play in the entrepreneurship ecosystem. Financial services are an essential element in powering entrepreneurial activity beyond resource extraction, yet in most sub-Saharan African countries, the financial services sector is relatively nascent compared to developed markets. This book highlights how this is beginning to change. With contributions from leading scholars, it provides inspiring success stories of entrepreneurial financial sector ventures that are making a lasting contribution to the economic development of various sub-Saharan African countries as well as helping the reader understand larger macro-trends.

Contents:

Introduction

Dana T. Redford PART 1: FRAMEWORK CHAPTERS 1. The Rise of Financial Services in Africa: an historical perspective

Grietjie Verhoef 2. High-Impact Entrepreneurship and its Importance in Sub-Saharan Africa

Dana T. Redford & Christian Wolf 3. Transforming Africa through Risk Management: Insurance Matters

Craig Churchill & Alice Merry 4. The Financial Ecosystem for High-Impact Entrepreneurship in French-Speaking sub-Saharan Africa

Colette A. Alla & Constant D. Beugre PART 2: CASE STUDIES OF HIGH-IMPACT ENTREPRENEURSHIP IN BANKING 5. Atlantico: A New Benchmark for Angolan Banking

Dana T. Redford 6. Equity Bank: From Humble Beginnings to Market Leader: A High-Impact Entrepreneurial Turnaround Story

David B. Zoogah & Christian Wolf 7: Fidelity: Ghana's Banking Success Story

Kwaku Appiah-Adu & Christopher Boachie 8 Unico: a Unique Entrepreneurial Venture in Mozambique

Daniela Costa & Dana T. Redford PART 3: TRENDS AND DEVELOPMENTS 9. Jaiz: the Birth of Non-interest Banking in Nigeria

Vrajlal Sapovadia 10. Impact Investing: Building a Better Africa

Artur Kochinyan & Dana T. Redford 11. From Harambee to Modern Crowdfunding: The Opportunities and Challenges in Sub-Saharan Africa

Christian Wolf.

Notes:

Includes bibliographical references and index.

Print version record

ISBN:

9781787146365

1787146367

9781787141865

1787141861