The Role of FinTech in Sustainable Healthcare Development in Sub-Saharan Africa: A Narrative Review
This narrative review explores the potential of FinTech in promoting sustainable healthcare development in Sub-Saharan Africa (SSA), focusing on the role of blockchain, crowdfunding, digital payments, and machine learning. The review also highlights the potential barriers to FinTech adoption in SSA,...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2023-07-01
|
| Series: | FinTech |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2674-1032/2/3/25 |
| _version_ | 1797580131039969280 |
|---|---|
| author | Edgar Cambaza |
| author_facet | Edgar Cambaza |
| author_sort | Edgar Cambaza |
| collection | DOAJ |
| description | This narrative review explores the potential of FinTech in promoting sustainable healthcare development in Sub-Saharan Africa (SSA), focusing on the role of blockchain, crowdfunding, digital payments, and machine learning. The review also highlights the potential barriers to FinTech adoption in SSA, including limited access to technology, regulatory challenges, and cultural factors, and proposes potential solutions, such as capacity building and increased financial investment. Additionally, the review discusses the ethical and social implications of FinTech in healthcare development, including privacy, data security, equity, and accessibility. The main findings suggest that FinTech has the potential to significantly improve healthcare delivery and financing in SSA, particularly in the areas of information sharing, healthcare financing, and healthcare delivery models. However, addressing the barriers to FinTech adoption and mitigating the ethical and social implications will be essential to realizing the full potential of FinTech in healthcare development in the region. The review recommends future research and development in this area, and highlights the potential for FinTech to promote sustainable and equitable healthcare development in SSA. |
| first_indexed | 2024-03-10T22:45:58Z |
| format | Article |
| id | doaj.art-11410e2f8c8c4784bfced917d5dcb0fe |
| institution | Directory Open Access Journal |
| issn | 2674-1032 |
| language | English |
| last_indexed | 2024-03-10T22:45:58Z |
| publishDate | 2023-07-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | FinTech |
| spelling | doaj.art-11410e2f8c8c4784bfced917d5dcb0fe2023-11-19T10:39:45ZengMDPI AGFinTech2674-10322023-07-012344446010.3390/fintech2030025The Role of FinTech in Sustainable Healthcare Development in Sub-Saharan Africa: A Narrative ReviewEdgar Cambaza0Faculty of Health Sciences, Academic Vice-Chancellery, Universidade Aberta ISCED (UnISCED), Rua Carlos Pereira, Parcela n° 148/07, Estoril Expansão, Beira 0504-01, MozambiqueThis narrative review explores the potential of FinTech in promoting sustainable healthcare development in Sub-Saharan Africa (SSA), focusing on the role of blockchain, crowdfunding, digital payments, and machine learning. The review also highlights the potential barriers to FinTech adoption in SSA, including limited access to technology, regulatory challenges, and cultural factors, and proposes potential solutions, such as capacity building and increased financial investment. Additionally, the review discusses the ethical and social implications of FinTech in healthcare development, including privacy, data security, equity, and accessibility. The main findings suggest that FinTech has the potential to significantly improve healthcare delivery and financing in SSA, particularly in the areas of information sharing, healthcare financing, and healthcare delivery models. However, addressing the barriers to FinTech adoption and mitigating the ethical and social implications will be essential to realizing the full potential of FinTech in healthcare development in the region. The review recommends future research and development in this area, and highlights the potential for FinTech to promote sustainable and equitable healthcare development in SSA.https://www.mdpi.com/2674-1032/2/3/25FinTechhealthcareSub-Saharan Africasustainable developmenttechnology adoption |
| spellingShingle | Edgar Cambaza The Role of FinTech in Sustainable Healthcare Development in Sub-Saharan Africa: A Narrative Review FinTech FinTech healthcare Sub-Saharan Africa sustainable development technology adoption |
| title | The Role of FinTech in Sustainable Healthcare Development in Sub-Saharan Africa: A Narrative Review |
| title_full | The Role of FinTech in Sustainable Healthcare Development in Sub-Saharan Africa: A Narrative Review |
| title_fullStr | The Role of FinTech in Sustainable Healthcare Development in Sub-Saharan Africa: A Narrative Review |
| title_full_unstemmed | The Role of FinTech in Sustainable Healthcare Development in Sub-Saharan Africa: A Narrative Review |
| title_short | The Role of FinTech in Sustainable Healthcare Development in Sub-Saharan Africa: A Narrative Review |
| title_sort | role of fintech in sustainable healthcare development in sub saharan africa a narrative review |
| topic | FinTech healthcare Sub-Saharan Africa sustainable development technology adoption |
| url | https://www.mdpi.com/2674-1032/2/3/25 |
| work_keys_str_mv | AT edgarcambaza theroleoffintechinsustainablehealthcaredevelopmentinsubsaharanafricaanarrativereview AT edgarcambaza roleoffintechinsustainablehealthcaredevelopmentinsubsaharanafricaanarrativereview |