This article examines the effects of Information and Communication Technologies (ICT) diffusion on financial inclusion from a sample of 52 African countries. We specify and estimate a panel data model by Ordinary Least Squares (OLS) over the period 2006-2019, based on the different approaches of financial inclusion. Our results show that, ICT diffusion increases financial inclusion as well as penetration, accessibility and use of financial services in Africa. We suggest policies to promote ICT infrastructure to stimulate financial inclusion by promoting digital finance.
Africa has also experienced a decline in the level of industrialization for at least three decades. Examining the dynamics of industrialization, and its effect on inequality, therefore remains a strikingly topical issue. This paper assesses the effects of industrial transformation on inequality in Africa over the period 1980-2016. Using a sample of 48 African countries, we estimate a dynamic panel data model using the Generalized Method of Moments in System (GMM-S). Our results show that strong industrialization would reduce inequality in Africa. The robustness of the results is tested using a PSTR (Panel Smooth Transition Regression) model and a PTR (Panel Transition Regression) model. The study recommends that economic, social and environmental disparities be taken into account in the process of industrial transformation on the continent.
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