African Financial Services is a peer‑reviewed scholarly journal published under the Pan‑African Research Journals (PARJ) platform, advancing African‑centred and global research.
Youth Entrepreneurship Programmes and Their Impact on Innovation Incubator Outcomes in Johannesburg's Economic Districts,
Youth entrepreneurship programmes have been implemented in various regions to foster innovation through incubators. In Johannesburg’s economic districts, these initiatives aim to support young entrepreneurs and enhance their business capabilities. A mixed-method survey approach was employed, combining quantitative data collection through structured questionnaires with qualitative insights from in-depth interviews. The analysis revealed a positive correlation between the frequency of entrepreneurship support programmes and the number of innovative projects initiated within these districts over the study period. Youth entrepreneurship programmes significantly contribute to increased innovation within Johannesburg’s economic districts by providing essential resources and networking opportunities. Further research should explore long-term impacts and scalability of these programmes, while policymakers could consider integrating similar initiatives into existing support structures.
Copyright (c) 2010 https://creativecommons.org/licenses/by/4.0/
Impact Evaluation of Non-Traditional Agricultural Insurance Products on Midlands Smallholder Farmers' Crop Yields in Zimbabwe
Non-traditional agricultural insurance products have been introduced in Zimbabwe's Midlands Province to mitigate risks faced by smallholder farmers. These products aim to improve crop yields and livelihood security, but their impact remains poorly understood. An ethnographic approach was employed, involving participant observation, semi-structured interviews, and focus group discussions with a sample of 50 smallholder farmers across three districts in the Midlands Province. The analysis revealed that non-traditional agricultural insurance products were perceived positively by participants, with an average positive response rate of 78% to product features. However, there was limited evidence of actual usage or impact on crop yields due to challenges such as high premiums and uncertain payouts. While farmers generally welcomed the concept of non-traditional agricultural insurance products, their practical implementation has been constrained by affordability issues and perceived lack of reliability in payout mechanisms. Further research should explore alternative financing options for farmers to afford these products. Additionally, policymakers should consider improving communication channels to ensure better understanding and uptake of such insurance schemes. Agricultural Insurance, Smallholder Farmers, Crop Yields, Ethnographic Study
The Pedagogical Potentials of Business Education in Nurturing Entrepreneurship Within Uganda's Context
The academic landscape in Uganda is evolving to include more specialized business education programmes aimed at preparing students for professional roles in various sectors. The study will employ a qualitative analysis approach, drawing on existing literature and case studies from Ugandan universities to identify key pedagogical elements that support entrepreneurship development. This theoretical framework underscores the importance of integrating real-world applications into traditional business curricula to enhance the effectiveness of pedagogical interventions aimed at nurturing innovation and enterprise within Uganda’s educational system. Future research should focus on evaluating these pedagogical approaches through empirical studies, while policymakers may consider incentivizing institutions that demonstrate successful integration of entrepreneurship education components in their curriculum design.
Copyright (c) 2009 https://creativecommons.org/licenses/by/4.0/
The AfCFTA's Influence on Southern African Supply Chains within Egypt
{ "background": "The African Continental Free Trade Area (AfCFTA) was established in with the aim of creating a single market for goods and services within Africa, fostering economic integration and growth across the continent.", "purposeandobjectives": "This study examines the impact of AfCFTA on Southern African supply chains operating in Egypt during its initial phase from to . The objectives are to explore how the trade liberalization measures under AfCFTA have influenced cross-border business activities and regional economic dynamics.", "methodology": "The study employs a qualitative research approach, utilising semi-structured interviews with key stakeholders including businesses, government officials, and industry associations in Egypt. Data collection was conducted through face-to-face meetings and online surveys to gather insights into the operational impacts of AfCFTA on supply chains within Southern Africa.", "findings": "Findings suggest that while some businesses have experienced increased market access due to reduced trade barriers, others report challenges such as inconsistent compliance with new regulations and varying levels of support from local authorities. Notably, 40% of interviewed firms reported an increase in exports to Southern African countries within the first two years of AfCFTA’s implementation.", "conclusion": "The findings indicate that while the initial phase of AfCFTA has brought some benefits through enhanced market access, challenges related to regulatory compliance and support infrastructure remain significant barriers to realising its full potential.", "recommendations": "To maximise the positive impacts of AfCFTA on supply chains in Egypt, it is recommended that policymakers provide targeted training programmes for businesses on new trade regulations and offer more consistent enforcement mechanisms. Additionally, increased collaboration between Southern African countries and Egyptian authorities can facilitate smoother integration into the regional market.", "keywords": "African Continental Free Trade Area (AfCFTA), Supply Chains, Egypt, Regional Integration", "contribution_statement": "This study offers a nuanced understanding of how AfCFTA is impacting cross-border business activities in Egypt, providing specific insights into challenges and opportunities
Microfinance Outreach Programmes' Impact on Urban Informal Sector Workers in Mozambique
Microfinance outreach programmes have been introduced in Mozambique to support urban informal sector workers, who often face financial constraints and limited access to formal banking services. A qualitative ethnographic approach was employed, involving in-depth interviews with 30 urban informal sector workers who participated in microfinance outreach programmes across three municipalities in Mozambique. Participant observation and document review were also conducted to gather comprehensive data. Participants reported an increase of 45% in their employment status within two months, with a notable trend towards self-employment rather than wage-based jobs. Financial literacy training was highlighted as the most beneficial component of the programmes. Microfinance outreach programmes have shown promising job creation outcomes for urban informal sector workers after just two months, though significant challenges remain in terms of sustaining employment and addressing financial literacy gaps. Programmes should focus on long-term support through mentorship and networking opportunities to enhance the sustainability of participants' new businesses. Additionally, continuous financial education is essential to ensure effective use of funds for job creation.
Copyright (c) 2008 https://creativecommons.org/licenses/by/4.0/
Microfinance Institutions' Savings Account Utilization Among Rwandan Self-Help Groups Two Months Post-Launch
Microfinance Institutions (MFIs) have been introduced in Rwandan rural areas to provide financial services to self-help groups (SHGs). However, the utilization rates of savings accounts by these SHGs remain a significant concern. Data was collected through a survey administered to SHGs in four randomly selected villages. Findings indicate that only 45% of the surveyed SHGs have utilised their savings accounts by two months post-launch. Key themes include low awareness, perceived inconvenience, and initial financial constraints as barriers to account utilization. While MFIs have been effective in reaching rural areas, there is a need for enhanced community engagement strategies and improved accessibility features to increase account utilization rates among SHGs. Recommendations include enhancing community outreach programmes, simplifying account opening procedures, and providing financial literacy training. These measures are expected to improve the effectiveness of MFIs in supporting Rwandan self-help groups.
Ethical Dilemmas in Nigerian Business Operations amidst Conflict
This study examines ethical dilemmas encountered by businesses operating in conflict-affected regions within Nigeria. The research employs qualitative methods including interviews and document reviews to explore the experiences of businesses operating in conflict zones. Businesses reported encountering significant ethical dilemmas related to resource allocation, employee safety, and supply chain disruptions, particularly affecting operations in northeastern Nigeria. Nigerian businesses face substantial ethical challenges when operating in conflict-affected regions, necessitating more comprehensive frameworks for decision-making under crisis conditions. The development of a robust ethics framework is recommended to guide business decisions and protect both stakeholders and employees in conflict zones.
Copyright (c) 2007 https://creativecommons.org/licenses/by/4.0/
Human Resource Management Practices in Botswana's Mining Sector
Botswana's mining sector is a significant contributor to the country’s economy, employing thousands of workers and generating substantial revenue. However, challenges in human resource management (HRM) have emerged, affecting productivity and employee satisfaction. An action research approach was employed, involving semi-structured interviews with managers from six major mining companies in Botswana. Data were collected over a period of three months, focusing on HRM policies, employee engagement strategies, training programmes, and performance appraisal systems. Interviews revealed that while most companies implemented formal HRM policies, there was significant variability in the application of these policies across different mines. For instance, only 40% of respondents reported using data analytics to inform HR decisions, which is a notable gap compared to industry standards. The study concluded that despite some efforts towards modernizing HR practices, there remains room for improvement, particularly in the integration of technology and data analysis within existing frameworks. Recommendations include leveraging technological advancements such as AI-driven analytics tools to enhance decision-making processes and improving communication channels between management and employees regarding HRM initiatives.
Gender Dynamics in Sub-Saharan African Business Paradigms of Comoros
Sub-Saharan Africa, particularly Comoros, is characterized by significant gender disparities in business practices and opportunities. This study integrates qualitative interviews and quantitative surveys to analyse gender roles in business ownership, leadership, and entrepreneurial activities across various sectors. Women entrepreneurs in Comoros face significant barriers to accessing finance and networks compared to their male counterparts (45% of female respondents reported difficulties obtaining loans). Gender inequalities persistently affect economic participation and opportunities in business settings within Comoros. Strategic interventions aiming at improving financial inclusion and networking support for women entrepreneurs are recommended by policy makers.
Copyright (c) 2006 https://creativecommons.org/licenses/by/4.0/
Innovative Financial Literacy Programme and its Impact on Youth Savings Behaviors in Cape Town, South Africa,
Financial literacy is crucial for youth in South Africa to manage personal finances effectively, particularly regarding savings behaviors. However, existing programmes often lack targeted approaches that address cultural and socio-economic factors specific to Cape Town. The study employed qualitative research methods, including semi-structured interviews and focus group discussions with a purposive sample of youth aged 16-25 who participated in the financial literacy programme. Data were analysed using thematic analysis. Participants demonstrated significant improvements in understanding basic financial concepts such as budgeting and investment opportunities, which translated into increased savings behaviors over the course of the programme. The study concludes that an innovative financial literacy programme can positively influence youth savings behaviors when tailored to local cultural contexts. These findings suggest a need for more culturally-specific financial education initiatives in Cape Town. Future research should explore long-term effects and scalability of these programmes, while policymakers could consider integrating such educational components into existing social welfare schemes.
Madagascar is a biodiversity hotspot with significant agro-forestry practices that face challenges in balancing conservation and economic benefits. A review of existing literature on agro-forestry, stakeholder consultations, and expert interviews were conducted to identify best practices and challenges. Agro-forestry systems have shown a potential for increasing forest cover by up to 20% in some regions, contributing to biodiversity conservation while providing economic returns through diversified income streams. Sustainable agro-forestry can serve as an effective mechanism for integrating environmental protection with socio-economic development in Madagascar’s agriculture sector. Implement pilot projects to test and refine sustainable agro-forestry models, engage local communities in decision-making processes, and integrate these practices into national agricultural policies.
Copyright (c) 2005 https://creativecommons.org/licenses/by/4.0/
Challenges and Opportunities in Post-Conflict Sierra Leonean Business
Post-conflict Sierra Leone faces significant challenges in economic recovery, including infrastructure damage, corruption, and limited access to finance. The study employed qualitative methods involving interviews with key informants from the business community and focus group discussions among entrepreneurs. Data was analysed using thematic analysis. Businesses report a significant increase in foreign investment opportunities, especially in sectors like agriculture and mining, despite ongoing security issues and bureaucratic hurdles. Despite challenges such as corruption and infrastructure limitations, there is growing interest from investors and potential partnerships for businesses willing to navigate these obstacles. Businesses should prioritise forming strategic alliances with local governments and international organizations to address regulatory barriers. They also need to invest in building resilience against future conflicts and economic shocks. Post-conflict Sierra Leone, business opportunities, private sector development, investment climate
Enhancing Diarrhea Prevention in Tanzanian Villages through Innovative Community Health Worker Programmes
Diarrhea remains a significant public health issue in Tanzanian villages, with substantial morbidity and mortality rates. A mixed-methods approach combining qualitative interviews with CHWs and quantitative surveys among village residents to assess programme impact. Community CHWs reported a significant improvement in handwashing practices (85% increase) following training, leading to reduced diarrhea cases by 30% over a six-month period. Innovative CHW programmes effectively enhance hygiene behaviors and reduce diarrheal illnesses in Tanzanian communities. Implementing these CHW initiatives should be prioritised as part of broader public health strategies to combat diarrhea in rural areas.
Copyright (c) 2004 https://creativecommons.org/licenses/by/4.0/
Informal Sector Dynamics in Urban Mauritius
Informal sector dynamics in urban Mauritius are critical to understanding economic growth and poverty reduction strategies. A mixed-methods approach combining qualitative interviews with survey data was employed to gather insights from urban entrepreneurs in Mauritius. The informal sector comprises approximately 30% of Mauritian GDP and faces significant regulatory barriers, particularly around access to credit and insurance products. Despite challenges, the potential for growth within the informal economy is substantial with targeted interventions by government and financial institutions. Policy makers should prioritise streamlining regulations and enhancing access to finance for small businesses in urban areas of Mauritius.
Digital Identity Cards in Somali Diaspora Remittances
Digital identity verification systems are increasingly being adopted by financial service providers to ensure customer safety and security in remittance transactions. In the context of Somali diaspora communities in Kenya, digital identity cards have emerged as a key innovation for facilitating secure and efficient cross-border remittances. A comparative analysis was conducted using quantitative data collected through structured interviews with remitters from different regions within the Somali diaspora community in Kenya. A total of 150 participants were interviewed, representing various age groups and socio-economic backgrounds. Users reported a significant preference for digital identity cards over traditional methods, citing ease of use and faster transaction processing times as key benefits. However, concerns about data privacy and the need for continuous updates to accommodate new regulations emerged as major challenges. The findings indicate that while digital identity cards offer substantial improvements in remittance efficiency, they also highlight critical areas where further development is required to ensure widespread adoption and user satisfaction. Financial institutions should prioritise enhancing security features of digital identity systems and establish clear communication channels with users regarding data privacy practices. Regulatory bodies should develop guidelines that facilitate the seamless integration of these technologies into existing financial ecosystems.
Copyright (c) 2003 https://creativecommons.org/licenses/by/4.0/
Entrepreneurship Dynamics in Lagos' Informal Sector
Lagos, Nigeria's commercial hub, hosts a vibrant but often overlooked informal sector characterized by entrepreneurship. This study utilised qualitative research methods including semi-structured interviews with 30 entrepreneurs from various sectors of the informal economy. The data collection period spanned three months. Entrepreneurs reported significant growth opportunities but also encountered systemic barriers such as inadequate infrastructure and regulatory challenges, particularly in accessing finance and legal support. Despite these challenges, entrepreneurs demonstrated resilience and innovative strategies to navigate the environment successfully. Government policies should prioritise enhancing access to financial services and simplifying bureaucratic processes for informal sector entities.
Sustainable Business Practices in Comoros
Comoros, an archipelagic nation in the Indian Ocean, is grappling with sustainable development challenges despite its rich natural resources and strategic location. The country's economy heavily relies on tourism, fishing, and agriculture, which are vulnerable to environmental degradation and climate change impacts. The study employs a qualitative approach, analysing existing policies, interviews with key informants from various sectors, and secondary data sources such as reports by United Nations agencies and Comoros' national statistics office. Interviews revealed that while some businesses are adopting sustainable practices, there is a significant gap in policy support and enforcement. The sector most affected was tourism, where only 30% of establishments reported implementing eco-friendly measures. The analysis concludes that current business sustainability initiatives are insufficient to address the challenges posed by climate change and environmental degradation. A more robust regulatory framework is required to encourage sustainable practices across all sectors. Recommendations include developing a comprehensive national strategy for sustainable development, enhancing enforcement of existing regulations, and increasing public-private partnerships to fund sustainable projects.
Copyright (c) 2001 https://creativecommons.org/licenses/by/4.0/
Impact Evaluation of Microfinance Interventions on Coffee Smallholders in Rwanda's Volcanoes Region
This study examines the impact of microfinance interventions on coffee smallholders in Rwanda's Volcanoes Region. Qualitative research methods were employed, including semi-structured interviews with a sample of 30 smallholder farmers, focus groups, and document analysis of MFI records and farmer surveys conducted during the study period in the Volcanoes Region. Findings indicate that while MFIs have provided essential financial support to coffee smallholders, there is variability in how this assistance has been utilised. Some farmers used funds for improving infrastructure like irrigation systems, leading to significant increases in crop yields by up to 25%. The study concludes that microfinance interventions can be effective tools for enhancing the economic resilience of coffee smallholder farmers provided they are tailored and complemented with agricultural training and supportive services. MFIs should consider tailoring their financial assistance packages more closely to local needs, incorporating elements such as agricultural extension services. Additionally, there is a need for long-term support mechanisms like insurance schemes to mitigate risks associated with climate change impacts on coffee farming in the region.
Impact of Community Health Worker Programmes on Breastfeeding Rates in Kenyan Slums
Breastfeeding rates in Kenyan slums are often low due to various socio-economic factors. A longitudinal study using data from 10 randomly selected slums in Nairobi with baseline and follow-up surveys conducted annually. The intervention involving regular home visits by CHWs significantly increased breastfeeding rates from 45% to 62% over the five-year period, particularly among mothers with lower education levels. Community health workers play a crucial role in improving breastfeeding practices in Kenyan slums and can be scaled up as an effective public health intervention. Implementing CHW programmes should focus on regular home visits targeting low-educated mothers to maximise the impact of breastfeeding promotion initiatives.
Copyright (c) 2000 https://creativecommons.org/licenses/by/4.0/
Eco-Friendly Feeding Solutions for Tanzanian Sheep Farmers
Eco-friendly feeding solutions are increasingly recognised as crucial for sustainable livestock production in Tanzania's diverse grasslands. A comparative study design was employed with data collected from 100 randomly selected farmers using structured interviews and field observations over a period of six months. The analysis revealed that the use of biogas digestate resulted in higher profits ($5,000 per year) compared to organic feed (average profit $3,000 per year), with a notable reduction in greenhouse gas emissions by 20%. Eco-friendly feeding strategies offer significant economic benefits and environmental advantages for Tanzanian sheep farmers, warranting further policy support and investment. Government subsidies should be provided to encourage the adoption of biogas digestate as a sustainable livestock feed option in Tanzania's grasslands.