The Horn of Africa States: Penetration Of Islamic Banking And Finance – OpEd

Banking and finance penetration in Africa has generally been slow until very recently. However, it has been growing lately and is on the rise, and as of 2022, it provided some kind of service to 48 % of Africa’s total population, rising from 35% in 2017 and 23% in 2013, according to Statista.com, a major statistics provider. It...