Digitalization and Financial Data Governance in Africa: Challenges and Opportunities
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Date
2022-06
Authors
Ndemo, Bitange
Mkalama, Ben
Journal Title
Journal ISSN
Volume Title
Publisher
African Economic Research Consortium
Abstract
Digitalization has transformed global financial markets and is quickly emerging
as an avenue for future economic development. However, due to the dynamic
nature of the digitalisation processes, ubiquitous challenges affecting their
collection, processing, quality and security of collected data have continued to
emerge, thereby creating opportunities for financial data governance. In this
policy paper, we outline the state of financial-data governance and practices in
Africa. We also identify questions and dilemmas facing scholars, practitioners
and policymakers as we journey into a digitalized future.