Africa), income-levels (low, middle, lower-middle and upper-middle), legal-origins (English common-law and French civil …-law) and religious dominations (Christianity and Islam). We examine convergence in financial intermediary dynamics of depth … size respectively. We also provide the speeds of convergence and time necessary to achieve a full (100%) convergence …

policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East Africa is … facing stiff challenges in the timing of monetary convergence, the imperative of bankers to apply common modeling and … at macro and micro levels. Findings - Findings suggest overwhelming lack of convergence: (1) initial conditions for …

Africa is facing stiff challenges in the timing of monetary convergence, the imperative of central bankers to apply common … fiscal policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East … panel GMM estimation with data from different non-overlapping intervals is employed. The implied rate of convergence and the …

. We also provide the speed of convergence and time required to achieve a 100% convergence. Findings - But for financial … intermediary size within the CFA zone, findings for the most part support only unconditional convergence. There is no form of … convergence within the CEMAC zone. Practical implications - The broad insignificance of conditional convergence results have …

-Saharan Africa reveals conditional convergence in relation to per capita number of listed companies. The speed of convergence for the …This paper dissects with great acuteness, the issues of convergence in financial performance dynamics in the African … empirical evidence is premised on 11 homogenous panels based on regions (sub-Saharan and North Africa), income-levels (Low …

indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … homogenous panels based on regions (Sub-Saharan and North Africa), income-levels (low, middle, lower-middle and upper …

financial) triggers less bank efficiency in low income countries than in their middle income counterparts. These findings … justify the absence of a banking comparative advantage and consequently, the issue of over-liquidity resulting from low …. Also, a lot needs to be done on the improvement of infrastructures that curtails information asymmetry in the banking …

In the first empirical assessment of the incidence of mobile banking on financial intermediary development in Africa … banking has a negative incidence on traditional financial intermediary dynamics of depth, activity and size. However, when a … previously missing informal-financial sector component is integrated into the definition (Asongu, 2011), mobile-banking has a …