Vol. 2 No 1 (2026): Financial Technology, Banking and Development.
This issue brings together a collection of scholarly articles that collectively examine the transformative role of financial technology (FinTech), financial management practices, and sustainable development strategies across African and emerging economies. The contributions provide both empirical and theoretical insights into how digital innovation, financial efficiency, and policy frameworks are reshaping financial systems and broader economic development trajectories.
The opening article by Hasyim, Nurrahmawati, and Pudyastuti (pp. 1–8) investigates the integration of artificial intelligence within financial services, with particular emphasis on its impact on operational efficiency in banking institutions. The study highlights how AI-driven FinTech solutions are reducing operating costs and enhancing service delivery, thereby redefining traditional banking models. Complementing this, Abdulmumin and Omotosho (pp. 9–31) extend the discussion to Sub-Saharan Africa, analyzing the relationship between FinTech adoption and the performance of deposit money banks. Their findings underscore the critical role of digital financial innovations in improving profitability, financial inclusion, and competitive advantage in the region.
Focusing on financial management practices, Karinijabo (pp. 32–43) examines the contribution of liquidity management to the financial performance of listed commercial banks in Rwanda. The study demonstrates that effective liquidity strategies are essential for maintaining stability and enhancing profitability within the banking sector. Similarly, Musinguzi (pp. 44–72) explores the macroeconomic dimension by analyzing the effect of terms of trade on Rwanda’s economic development, providing evidence on how external trade dynamics influence national growth outcomes.
At the intersection of finance and enterprise development, Amuzat, Lawal, and Garba (pp. 73–96) assess the role of digital payment solutions in enhancing the performance of small and medium enterprises (SMEs) in Ilorin-South Metropolis. Their work reveals that digital payments significantly improve business efficiency, financial accessibility, and market participation for SMEs, reinforcing the importance of FinTech in grassroots economic development.
Finally, Chauke and Sifiso (pp. 97–150) broaden the scope to sustainability by examining the role of green building technologies within smart city policies in South Africa. The article highlights how environmentally sustainable innovations can be integrated into urban development strategies, contributing to resilient and inclusive cities.
Overall, this issue underscores the interconnectedness of financial technology, institutional performance, and sustainable development. It provides valuable insights for policymakers, researchers, and practitioners seeking to leverage digital innovation and strategic financial management to drive economic growth and sustainability across Africa.
