Impact of Fintech on Economic Growth: Evidence from African Countries
This research aims at examining the impact of fintech in economic growth with evidence from African Countries. To draw the impacts, data from several African countries had been compiled using a cross-sectional, explanatory and comparative approach. Sample of various countries such as Kenya, Ghana and Nigeria have been included to examine the topic. The data was obtained through secondary data from Organization, research papers and other official bodies. The findings showed that there is a positive correlation between fintech adoption and economic growth in African countries example expanded access to financial services, job opportunities and improved financial inclusion. Furthermore, some ramifications have been provided for companies, players, and legislators working in Africa's fintech and economic development industries.
Authors
- Specioza Evodius Ndibalema
Publication Details
- Journal
- International Journal for Research in Applied Science and Engineering Technology
- Published
- 2025-06-13
- DOI
- https://doi.org/10.22214/ijraset.2025.69428
- Primary Topic
- FinTech, Crowdfunding, Digital Finance
- Type
- article
- Field-Weighted Citation Impact
- 0.00