This study examines the impact of human capital on economic growth in 48 African countries from 2000 to 2019. The methodological approach involves the system GMM technique to address the problem of potential sources of endogeneity. The findings reveal that economic growth in Africa is positively influenced by human capital development. The findings also indicate that both the male and the female genders for human capital development are important for the economic growth of African countries. Similarly, internet penetration and foreign direct investments interact with human capital to produce positive net effects on economic growth. The study recommends policymakers attribute more resources to the education and health sectors to enhance human capital development as a prerequisite to ensure a stable economic growth.
This study investigates the role of education in modulating the effect of ICT on governance in 53 African countries between 2002 and 2020. The Two-Step System Generalized Method of Moment (GMM) strategy is adopted to address the potential endogeneity problem. Governance is computed as a composite index that encompasses the six indicators of the Worldwide Governance Indicators (Control of corruption, rule of law, political stability, regulatory quality, government effectiveness, and voice and accountability). ICT is measured by the number of individuals using the internet, mobile cellular subscribers and fixed broadband subscription. The findings of the study reveal that the quality of governance in Africa is enhanced by growth in ICT. The findings further indicate that the interaction between ICT and education procure positive net effects on governance. In addition, we observed that ICT still enhances the quality of governance in African countries that have adopted the French civil law and the British common law system. The study suggests the design of policies for enhancing e-governance and ICT in African institutions, and are recommended to be used as part of the school curriculum for quality management.
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