Sharing Book chapter

Financial Inclusion as an Enabler of United Nations Sustainable Development Goals in the Twenty-First Century: An Introduction

Chitimira, Howard and Warikandwa, Tapiwa Victor

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Theme
Tag
  • Financing,
  • small-scale fishers
Target Group
  • Policy makers
Language
  • English
Region
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This chapter underscores the critical importance of financial inclusion and digital transformation in the Southern African Development Community (SADC) region.

The introduction chapter of the book “Financial Inclusion and Digital Transformation Regulatory Practices in Selected SADC Countries” published in 2023, underscores the critical importance of financial inclusion and digital transformation in the Southern African Development Community (SADC) region. It emphasizes how financial inclusion plays a pivotal role in driving economic growth, poverty reduction, and social welfare enhancement across the SADC countries. Furthermore, the chapter highlights the transformative power of digital technologies in expanding access to financial services for underserved populations, enhancing operational efficiency, and fostering innovation within the financial sector. By discussing the regulatory practices and frameworks in selected SADC countries, the chapter sheds light on the efforts to promote financial inclusion and regulate digital financial services to ensure consumer protection and financial sector stability. Despite the opportunities presented by digital transformation, the chapter also acknowledges the challenges related to infrastructure, technology adoption, regulatory compliance, and cybersecurity. Overall, the introduction sets the stage for the subsequent chapters by outlining the research focus on examining regulatory practices, policy initiatives, and technological advancements to drive inclusive growth and development in the SADC region.