This study examines the relationship between financial development and life insurance demand in Sub-Saharan Africa with a sample of fifteen countries. These countries are Nigeria, South Africa, Namibia, Cameroon, Ghana, Cote d'Ivoire, Sudan, Kenya, Uganda, Mozambique, Togo, Benin, Senegal, Cape Verde and Zambia. The specific objectives are to determine the relative effect of financial depth, as well as major macroeconomic factors, preferences and life insurance demand in the sampled countries. It is argued in this study that the traditional textbook and theoretical factors driving demand for life insurance may not be extensively dominant in the case of Sub-Sahara Africa where low formal financial patronage are rife. Using annual data covering the period 1990 -2011 (22 years), the study applies the panel data estimation, which allows for endogenization of individual country characteristics in the analysis. The model adopted in this study categorises all the necessary macroeconomic factors in the study that seek to explain both insurance penetration and insurance density for the sampled countries. The results of the study show that financial development in African countries drives life insurance demand than major macroeconomic factors.

The theoretical concept of political leadership would have to be the most elusive and fluid concept of leadership. It has within its authority dominated policies, influenced security- intelligence, shaped intellectual-cultures, inspired citizens-aspirations and has directed the trajectory of nation-states and sovereignties within international governance and global affairs. The political behaviors of developing nations through foreign policies, national interests and diplomacy have been a reflection of the authority of their political leadership; regime after regime. There are no best-kept secret to the fundamental strengths and weaknesses of political Leadership other than the influential impact of the political leader’s self-empowerment, self-leadership and self-legacy. Political Leadership is fundamentally controlled by the polices of choices where decisions meet actions and authoritarian powers redefines humanity. The elusive extent, and fluid depth of political influence through the impact of governance does not measure -up to the assurance of humanity in most developing countries around the world. The political consciousness and idiosyncrasies of most individuals over the years have contributed none or fewer interests to the study, the justification, and the analytical reasoning of the influence of political leadership. This new study and the assertive findings on this chapter are aimed to pragmatically educate, inspire, and reignite the zealousness of visionary leadership, through the consciousness of humanity. The intellectual assertions in this chapter are envisioned to create, expand and illuminate the distinctive reality between of our profound empirical knowledge, theoretical beliefs and interpretive researches on the conceptual understanding of political leadership. The topics in this chapter are aimed to create an endless stream to the consciousness of political leadership and financial gains to the betterment of humanity. It expands the understanding of political leadership through psychological lens beyond the titles, offices and political display of power. Political leadership in developing countries can improve and offer better outcomes in todays world, when humanity meets the consciousness of political leadership in financial prosperity. The societal divisions of ethnicity, wealth and the polarization of political ideologies into sets of beliefs, questions the influential impact of political leadership. As political leaders govern and navigate through their leadership goals, aspirations and visions more often than not, the traits of their ethnic identity, individuality and beliefs constantly create struggles with their understanding and acceptance of humanity as a whole.