| ID | 114929 |
| Title Proper | Evidence-based framework for assessing the potential of mobile finance in sub-Saharan Africa |
| Language | ENG |
| Author | Duncombe, Richard |
| Publication | 2012. |
| Summary / Abstract (Note) | This paper provides a framework-based approach for assessing the potential for mobile finance (m-finance) services to achieve greater financial inclusion in sub-Saharan Africa. The conceptual approach synthesises market and user perspectives, and constructs an evidence-based exploratory framework based on analysis of a single country, Uganda. Case evidence is used to inform four lifecycle stages for m-finance, moving from design to access, usage, and outcomes associated with differentiated m-finance applications. Based on analysis of published sources, findings from Uganda suggest that early adoption of m-finance has favoured those already financially included and market-driven solutions for the financially excluded are limited. Simple market modelling is found to be an insufficient basis on which to assess potential amongst the unbanked majority. The paper argues that the perception, behaviour and capability of users, and forms of user appropriation, should be a paramount concern, and potential for m-finance should be considered within a deeper understanding of a specified financial services context and within a defined market, regulatory and policy environment. |
| `In' analytical Note | Journal of Modern African Studies Vol. 50, No.3; Sep 2012: p. 369-395 |
| Journal Source | Journal of Modern African Studies Vol. 50, No.3; Sep 2012: p. 369-395 |
| Key Words | Sub Saharan Africa ; Uganda ; Simple Market Modelling ; Policy Environment |