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Colonial financial infrastructures and Kenya’s uneven fintech boom
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Bernards, Nick (2022) Colonial financial infrastructures and Kenya’s uneven fintech boom. Antipode, 54 (3). pp. 708-728. doi:10.1111/anti.12810 ISSN 0066-4812.
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Official URL: https://doi.org/10.1111/anti.12810
Abstract
Kenya is a widely cited case for proponents of fintech for development. This article shows how Kenya’s fintech boom replicates patterns of uneven development inherited from the colonial era. In particular, fintech use is unevenly distributed between urban and rural areas, and heavily concentrated on Nairobi and Mombasa. The article seeks to explain these patterns by situating them in relation to the political economy of settler-colonial agriculture, tracing successive (unsuccessful) efforts at reforming the financial system to ameliorate social and spatial disparities inherited from the colonial era. It does so drawing on recent debates about ‘financial infrastructures’, alongside the political economy of land, property relations, and the state.
| Item Type: | Journal Article | ||||||||
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| Subjects: | G Geography. Anthropology. Recreation > G Geography (General) H Social Sciences > HG Finance |
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| Divisions: | Faculty of Arts > School for Cross-faculty Studies > Global Sustainable Development | ||||||||
| Journal or Publication Title: | Antipode | ||||||||
| Publisher: | Wiley-Blackwell Publishing Ltd. | ||||||||
| ISSN: | 0066-4812 | ||||||||
| Official Date: | May 2022 | ||||||||
| Dates: |
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| Volume: | 54 | ||||||||
| Number: | 3 | ||||||||
| Page Range: | pp. 708-728 | ||||||||
| DOI: | 10.1111/anti.12810 | ||||||||
| Status: | Peer Reviewed | ||||||||
| Publication Status: | Published | ||||||||
| Access rights to Published version: | Open Access (Creative Commons) | ||||||||
| Date of first compliant deposit: | 15 February 2022 | ||||||||
| Date of first compliant Open Access: | 7 March 2022 | ||||||||
| RIOXX Funder/Project Grant: |
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