An Investigation of the Impact of Financial Inclusion on Economic Growth: Evidence from African Countries

Financial inclusion has been recognized as a development policy priority and key to economic growth in developing economies. Essentially, most Sub-Saharan African (SSA) countries have witnessed unstable over the last three decades. inclusiveness is fundamental sustainable for any economy. This study investigates effects of financial on 41 from 2004–2019, employing generalized method moments (GMM) Granger causality analysis. The results show positive relationship between growth. non-causality tests revealed bi-directional variables whole region low-income lower-middle-income countries. Furthermore, unidirectional runs upper-middle-income concluded that positively affects SSA recommends policies interventions be redefined system achieve steady sustainability.