“…During the past two decades, the liberalization of the information and communication technology (ICT) sector in Africa has been followed by a plethora of positive development externalities (Asongu, le Roux, Nwachukwu, & Pyke, ; Bongomin, Ntayi, Munene, & Malinga, ; Gosavi, ; Murphy & Carmody, ). One of the development outcomes has been inclusive development partly because associated benefits from mobile banking offer opportunities that are more rewarding to the poor factions of the population (Asongu & Asongu, ). Moreover, beyond the perspective that ICT offers opportunities to underserved segments of the population, it reduces informational rents previously enjoyed by rich and privileged factions of the population at the expense of poorer elements of society (Asongu, Batuo, Nwachukwu, & Tchamyou, ; Efobi, Tanankem, & Asongu, ; Tchamyou & Asongu, ; Uduji & Okolo‐Obasi, ).…”