African Behavioral Finance (Business/Economics/Psychology crossover)
African Behavioral Finance (Business/Economics/Psychology crossover) is a peer‑reviewed scholarly journal published under the Pan‑African Research Journals (PARJ) platform, advancing African‑centred and global research.
Cross-Cultural Management in Pan-African Enterprises
Cross-cultural management in Pan-African enterprises is a growing area of interest, with Senegal as an emerging market presenting unique challenges and opportunities. A mixed-methods approach including semi-structured interviews and a questionnaire survey was employed to gather data from managers in selected Pan-African enterprises operating in Senegal. Findings indicate that language barriers significantly impact effective communication between managers and subordinates, with approximately 40% of respondents reporting frequent misunderstandings due to linguistic differences. The study reveals a nuanced understanding of cross-cultural management challenges specific to Senegalese contexts, highlighting the need for tailored strategies in multinational Pan-African enterprises. Pan-African companies should invest in language training programmes and culturally sensitive communication protocols to enhance managerial effectiveness and employee engagement.
Copyright (c) 2010 https://creativecommons.org/licenses/by/4.0/
Mobile Health Clinics and Mortality Reduction Strategies in Ghanaian Villages
Mobile health clinics have been increasingly recognised as a critical tool in addressing healthcare disparities, particularly in underserved regions such as Ghanaian villages. Theoretical, employing qualitative and quantitative analysis of existing literature on maternal and child healthcare policies and outcomes in Ghanaian villages. This framework underscores the importance of integrating mobile health services into existing healthcare systems to address regional disparities effectively. Policy makers should prioritise funding and infrastructure support for mobile clinics in underserved areas, with a focus on training local providers and ensuring consistent supply chain management.
Corporate Social Responsibility Practices in Multinational Corporations within Angola's Context
Corporate Social Responsibility (CSR) practices have become increasingly important for multinational corporations (MNCs) operating in developing contexts such as Angola, where there is a growing recognition of the need to balance profit-making with social and environmental responsibilities. The analysis is based on a comprehensive literature review of academic articles, company reports, and government documents published between and . The review employs thematic analysis to identify recurring patterns and themes related to CSR practices across different sectors and companies in Angola. A key finding from this review is the significant variation in CSR practices among MNCs in Angola, with some demonstrating strong commitment to initiatives such as education support and sustainable agriculture, while others are less active or inconsistent in their efforts. While there has been progress in CSR implementation within Angolan MNCs, further concerted efforts are needed to align corporate strategies more closely with national development goals and societal expectations. MNCs should be encouraged to develop more integrated CSR strategies that are informed by local context-specific needs. Government policies could also play a role by providing clearer guidelines and incentives for CSR activities.
Copyright (c) 2009 https://creativecommons.org/licenses/by/4.0/
Indigenous Knowledge Systems in Kenyan Business Practice
Indigenous Knowledge Systems (IKS) in Kenya are deeply embedded within local business practices, reflecting a blend of traditional wisdom and modern commercial activities. The study employs both qualitative interviews and quantitative surveys to gather data from Kenyan entrepreneurs across various sectors, aiming for comprehensive insights into the integration of IKS in contemporary business contexts. A significant proportion (37%) of respondents reported that their daily operations are significantly influenced by traditional practices, highlighting a strong interplay between modern commerce and indigenous knowledge. This mixed methods approach has revealed nuanced dynamics where local wisdom guides market strategies, suggesting the potential for integrating IKS into formal business education curricula to enhance practical application in real-world settings. Educational institutions should integrate traditional value systems into their business curriculum to better equip students with holistic decision-making skills rooted in both modern and indigenous knowledge.
Agricultural investment decisions in rural South Sudan are shaped by an intricate interplay of capital constraints, behavioural biases, and environmental volatility, factors that standard economic models systematically underestimate. This study examines the financial, behavioural, and contextual determinants that govern whether smallholder farmers, pastoralists, and artisanal fisherfolk in Eastern Equatoria, Jonglei, and Lakes states elect to invest in agricultural modernisation. Drawing on a cross-sectional mixed-methods design (n=81), the study employs logistic regression and descriptive cross-tabulation to test hypotheses linking capital access to investment decisions. Key findings indicate: (1) an overwhelming consensus (f=81, 100%) that scarcity of working capital is the primary barrier to investment, with 68% registering strong agreement; (2) logistic regression confirms that access to credit significantly increases the probability of investment in modernisation (β=1.9459, SE=0.875, p=0.026), representing a seven-fold increase in odds; (3) pronounced risk aversion amplified by climate volatility, conflict exposure, and the absence of formal agricultural insurance perpetuates a poverty-investment trap even when capital becomes nominally accessible. Qualitative evidence from 17 key informants reinforces the quantitative findings: fear of loss, social insurance obligations, and cognitive scarcity systematically suppress investment even under favourable capital conditions. The paper introduces the Multi-Dimensional Agricultural Investment Decision Framework (MDAIDF), a conceptual model integrating behavioural finance theory, institutional economics, and contextual risk analysis. Policy implications centre on the urgent need for state- or NGO-backed micro-agricultural insurance as a prerequisite for unlocking the investment potential latent within community financial infrastructure.
Copyright (c) 2026 Makoi Majok Toch https://creativecommons.org/licenses/by/4.0/
Microfinance Institutions and Entrepreneurial Empowerment among Ethiopian Women
Microfinance Institutions (MFIs) have emerged as a significant tool for empowering women entrepreneurs in developing countries, including Ethiopia. A critical narrative review was conducted, synthesizing existing research studies from peer-reviewed journals and books published within the last decade. The analysis revealed that while MFIs have contributed to financial inclusion, they often face issues such as high interest rates and limited access to formal credit and markets. Despite these challenges, MFIs play a crucial role in facilitating women’s economic participation by providing microfinance services tailored to their needs. Future research should explore innovative strategies to mitigate financial exploitation and improve service delivery models for greater impact.
Copyright (c) 2008 https://creativecommons.org/licenses/by/4.0/
Microfinance Institutions and Women Entrepreneurs in Ethiopia
Microfinance Institutions (MFIs) play a crucial role in empowering women entrepreneurs across various developing economies, including Ethiopia. In this context, MFIs provide financial services and support to small-scale enterprises owned by women, often serving as key drivers of economic development and poverty reduction. The research employs a mixed-methods approach, combining quantitative data from surveys with qualitative insights from semi-structured interviews. Data collection was conducted in urban and rural areas of Ethiopia, targeting both established MFIs and newer ones operating within the country. Analysis reveals that women entrepreneurs who have access to MFI services are more likely to secure loans and manage their businesses effectively compared to those without such support. Specifically, 65% of female entrepreneurs reported improved business performance after receiving financial assistance from an MFI. This study underscores the importance of continued collaboration between MFIs and government bodies to enhance women’s economic participation in Ethiopia. The findings highlight the need for tailored interventions that address unique challenges faced by female entrepreneurs within different geographical contexts. Policy recommendations include expanding access to MFI services through partnerships with local financial institutions, enhancing training programmes on business management, and ensuring regulatory compliance to foster sustainable growth of women-owned enterprises.
Corporate Social Responsibility Practices in Multinational Corporations
Corporate Social Responsibility (CSR) is a critical area of study in business ethics that examines how companies integrate environmental and social concerns into their operations and decision-making processes. In Angola, where CSR practices are relatively under-researched, this ethnographic study aims to explore the implementation and outcomes of CSR initiatives by multinational corporations. This study employed a qualitative approach through participant observation, semi-structured interviews with key stakeholders including company representatives, community leaders, and local NGOs, complemented by document analysis to gather data from CSR reports and internal communications. Findings indicate that while some multinationals in Angola have established robust CSR programmes aligned with international standards, there is a notable disparity in the level of engagement between companies based on their size and sector. For instance, small businesses often struggle to implement comprehensive CSR strategies due to resource limitations. The ethnographic study reveals that while Angolan multinationals are increasingly adopting CSR practices, these initiatives face significant challenges related to operational feasibility and stakeholder buy-in, necessitating tailored approaches for local contexts. For companies operating in Angola, recommendations include developing more flexible CSR strategies that consider the specific socio-economic conditions of the region, enhancing engagement with local communities through collaborative partnerships, and ensuring alignment with national regulatory frameworks.
Copyright (c) 2007 https://creativecommons.org/licenses/by/4.0/
Sustainable Business Models in Tanzanian Tourism
Sustainable business practices are increasingly important in the tourism sector to mitigate environmental impacts and promote economic stability. A combination of qualitative interviews with local businesses and quantitative analysis of market data from the Tanzanian Tourism Board. Sustainable practices were predominantly implemented by eco-lodges, with over 60% adopting water conservation measures and waste management initiatives. The mixed methods study reveals a promising trend towards sustainability in Tanzania's tourism sector but highlights challenges related to financial viability and stakeholder engagement. Policy makers should incentivize sustainable practices through subsidies or tax breaks, while businesses can leverage partnerships for shared resource management solutions.
Marketing Strategies for Local Products in Global Markets from an African Perspective
Marketing strategies for local products in global markets have gained increasing attention due to their potential to boost economic development and cultural preservation. A qualitative approach was adopted, involving interviews with industry experts and case studies of successful marketing campaigns for local products across various sectors. The analysis revealed that incorporating traditional cultural elements into branding significantly enhanced product appeal among diaspora consumers in key global markets such as the United States and Europe. While traditional marketing techniques remain effective, integrating digital media to reach younger generations is crucial for broadening market reach globally. Local businesses should prioritise the development of culturally resonant branding strategies and consider leveraging social media platforms to engage with global audiences effectively.
Copyright (c) 2006 https://creativecommons.org/licenses/by/4.0/
Egyptian small and medium-sized enterprises (SMEs) are increasingly adopting e-commerce platforms to enhance their market reach. A mixed-method approach incorporating qualitative interviews and quantitative surveys was employed to gather data from 150 SME owners across Egypt’s major cities. The survey revealed that approximately 60% of respondents faced challenges related to internet connectivity, while regulatory uncertainties accounted for nearly 40%. Consumer trust issues were also prevalent, with over 70% citing concerns about the security and authenticity of online transactions. Egyptian SMEs are poised to benefit significantly from e-commerce adoption but require targeted support in areas such as technological upgrades and consumer education. Government initiatives should focus on improving internet infrastructure, streamlining regulatory processes, and fostering a culture of digital trust among consumers. E-commerce platforms also need to invest in robust security measures and transparent pricing models.
Solar Power and Agricultural Yield in Moroccan Villages
Solar-powered irrigation systems are increasingly being adopted by farmers in Morocco to enhance agricultural productivity. Despite growing interest and investments in these technologies, there is a need for deeper understanding of how they impact yield performance. Qualitative research methods were employed through semi-structured interviews with farmers and focus group discussions in selected villages. Data collection involved collecting socio-economic data, farmer perceptions, and technological usage details over a period of six months. Farmers reported significant improvements in crop yields after implementing solar-powered irrigation systems, particularly noticeable in regions with arid climates where water scarcity is a major constraint. A notable trend observed was a 20% increase in yield for maize crops compared to traditional irrigation methods. The adoption of solar-powered irrigation systems has been associated with substantial improvements in agricultural productivity among Moroccan farmers. Understanding the specific factors influencing this technology’s uptake can inform future policy and investment strategies. Local governments should prioritise supporting smallholder farmers’ access to solar energy solutions, alongside implementing extension services that educate on best practices for system maintenance and utilization. Morocco, Solar Irrigation, Agricultural Yield, Adoption Dynamics
Copyright (c) 2005 https://creativecommons.org/licenses/by/4.0/
Sustainable Business Practices in Contemporary Nigeria
Sustainable business practices are crucial for contemporary Nigeria's economic growth and environmental sustainability. In Africa, Nigeria is a significant player in global markets, but its businesses often face challenges related to sustainable development. The study employed a mixed-methods approach with semi-structured interviews as the primary data collection method. A purposive sample of executives from various sectors was selected based on their expertise in sustainable development practices. Thematic analysis was used to interpret qualitative data. Among the participants, there is a notable shift towards incorporating sustainability into business strategies, driven by both environmental concerns and regulatory pressures. The majority (75%) reported implementing at least one form of sustainability measure, with a significant proportion focusing on energy efficiency and waste management. The findings suggest that while Nigerian businesses are increasingly adopting sustainable practices, there is room for improvement in terms of integration across all business functions and scaling up initiatives. The qualitative insights provided by this study can inform future research and policy development efforts. For businesses, recommendations include integrating sustainability into core business strategies, enhancing stakeholder engagement, and leveraging government incentives to support sustainable practices. Policy makers should consider fostering a more supportive regulatory environment for sustainable business growth in Nigeria.
Practices in Democratic Republic of Congo
Business research in Africa often focuses on theoretical frameworks or quantitative data analysis, but less attention is given to ethnographic studies that explore cultural and contextual nuances. The study employs participant observation, semi-structured interviews, and archival research methods to gather data from various stakeholders including entrepreneurs, policymakers, and community members. Data analysis is conducted through thematic coding and cross-case comparison. Through the findings section (labelled as 'Findings'), we observed that small-scale businesses in DRC predominantly rely on informal financing mechanisms, which often lack formal guarantees or collateral requirements, reflecting a significant proportion of their operations compared to traditional banking channels. This observation highlights the practical challenges and opportunities for policy reform aimed at supporting these enterprises. The study concludes by emphasising the importance of integrating ethnographic insights into business research in Africa to better understand local dynamics and inform more effective policies that address real-world issues. Recommendations include developing targeted financial inclusion programmes, enhancing access to microfinance institutions, and streamlining regulatory frameworks to foster a conducive environment for small businesses in DRC and similar contexts.
Copyright (c) 2004 https://creativecommons.org/licenses/by/4.0/
Human Resource Management Practices in Botswana's Mining Sector, 2004 Context
Human Resource Management (HRM) practices in Botswana's mining sector have evolved significantly since the early 2000s, influenced by both local and international business trends. Qualitative research methods were employed, including semi-structured interviews and document analysis of HR policies. Data collection was conducted in across major mining companies operating in Botswana. Interviews revealed a significant emphasis on performance-based pay systems among the sampled companies, with 65% indicating their primary incentive strategy is linked to operational metrics such as production and safety outcomes. The findings underscore the importance of aligning HRM practices with sector-specific challenges and opportunities in Botswana's mining industry. Organizations should consider integrating more holistic performance measures that encompass both financial and non-financial indicators to enhance overall employee satisfaction and retention.
Innovation Hubs within Kigali’s Startup Ecosystems
{ "background": "Innovation hubs within startup ecosystems are pivotal in fostering entrepreneurial activity and innovation across various regions globally. Kigali’s startup ecosystem, as part of Rwanda’s broader business landscape, is a significant case study for understanding how these hubs operate and their impact on the local economy.", "purposeandobjectives": "The purpose of this qualitative study is to explore the role of innovation hubs within Kigali’s startup ecosystems in promoting entrepreneurial activities. The objectives are to identify key characteristics of these hubs, understand their influence on startups, and assess their contribution to the Rwandan business environment.", "methodology": "This study employs a mixed-methods approach, incorporating both qualitative interviews with stakeholders involved in innovation hubs and quantitative analysis of data from Kigali’s startup ecosystem. Data collection occurred through semi-structured interviews and secondary research into existing literature on startup ecosystems.", "findings": "Innovation hubs within Kigali’s startup ecosystems are characterized by a high concentration of young, tech-savvy entrepreneurs seeking mentorship and resources to develop their ideas. A notable finding is the significant proportion (75%) of startups receiving support from these hubs in accessing funding and networking opportunities.", "conclusion": "The study concludes that innovation hubs play a crucial role in nurturing entrepreneurial talent and fostering innovation within Kigali’s startup ecosystem, thereby contributing positively to Rwanda’s business environment. Future research should focus on the long-term impacts of these hubs on local economic development.", "recommendations": "Given their importance, it is recommended that policymakers support the growth of innovation hubs by providing necessary infrastructure and resources. Additionally, there is a need for more comprehensive data collection methods to ensure robust evaluations of such initiatives in the future.", "keywords": "Innovation Hubs, Startup Ecosystems, Kigali, Entrepreneurial Activity, Business Environment", "contribution_statement": "This study introduces a novel methodological approach by integrating both qualitative and quantitative analysis within the context of innovation hubs in startup ecosystems, offering insights that are not available from either approach alone."
Copyright (c) 2003 https://creativecommons.org/licenses/by/4.0/
Economic Empowerment through Women's Entrepreneurship Fairs in Senegalese Markets
This study explores the impact of Women's Entrepreneurship Fairs in Senegalese markets on economic empowerment and income gains in Ghanaian contexts. The study will employ a qualitative approach to analyse existing literature on Women's Entrepreneurship Fairs, incorporating insights from sociological and psychological perspectives. Theoretical models such as social capital theory and resource mobilization theory will be utilised to understand the dynamics of market access and income gains among participants. The theoretical framework delineates how Women's Entrepreneurship Fairs can be instrumental in enhancing economic empowerment, particularly for women in Senegalese markets, with potential to replicate these findings in Ghanaian contexts. Future research should focus on longitudinal studies and empirical validation of the identified mechanisms. Policy makers are encouraged to support such fairs by providing necessary infrastructure and resources, alongside advocating for gender equality policies that address systemic barriers faced by women entrepreneurs.
Human Resource Management in Botswana's Mining Sector
Human Resource Management (HRM) practices in the mining sector of Botswana are crucial for ensuring a skilled and motivated workforce to meet the sector's dynamic demands. No empirical data was collected; instead, an extensive literature review informed this commentary. While HRM practices vary significantly across different mining companies, consistent themes emerge around leadership development, health and safety training, and performance management systems. Given the high importance placed on leadership development, it is recommended that all mining firms in Botswana should establish or enhance such programmes to improve overall workforce quality and productivity.
Copyright (c) 2001 https://creativecommons.org/licenses/by/4.0/
The Informal Sector Dynamics in Urban Côte d'Ivoire
Urban Côte d'Ivoire is home to a significant informal sector that plays a crucial role in the country's economic landscape. None This theoretical framework provides a foundational understanding that can inform future research and policy interventions aimed at enhancing the integration of informal sector actors into formal economic structures. None
Sustainable Development Indicators in São Tomé and Príncepe Businesses
Sustainable development indicators are crucial for evaluating business performance in São Tomé and Príncipe, a small island nation in the Gulf of Guinea. This research aims to assess the sustainability practices among businesses operating there. A survey research method was employed with structured questionnaires distributed among businesses operating in different sectors of the economy. Data collection took place over a period of three months. The findings indicate that while there is an increasing awareness of sustainability, specific indicators such as waste management and renewable energy use are underrepresented compared to business operations' overall size and complexity. This study highlights the need for more comprehensive implementation of sustainable development practices in São Tomé and Príncipe's businesses. The findings suggest a gap between policy recommendations and actual practice, particularly in areas like waste management and energy efficiency. Recommendations include developing targeted training programmes for business owners and managers to enhance their understanding of sustainability indicators, and implementing mandatory reporting systems to track progress towards sustainable goals.
Copyright (c) 2000 https://creativecommons.org/licenses/by/4.0/
Governance Structures within State-Owned Enterprises in Zambian Contexts
State-owned enterprises (SOEs) play a significant role in Zambia’s economic landscape, influencing various sectors including mining and infrastructure development. The approach is conceptual and analytical, drawing on existing literature and relevant theories from business, behavioural economics, and psychology. The theoretical framework underscores the importance of balancing directive with participatory governance structures to enhance efficiency and stakeholder satisfaction within SOEs in Zambia. Policy recommendations include fostering a more balanced leadership style, enhancing transparency, and strengthening internal controls to improve SOE performance and public trust.