https://www.journaljemt.com/index.php/JEMT <p style="text-align: justify;"><strong>Journal of Economics, Management and Trade (ISSN:&nbsp;2456-9216)</strong> publishes manuscripts with valuable insight to research, ideas and strategies of economics, management and trade. By not excluding papers based on novelty, this journal facilitates the research and wishes to publish papers as long as they are technically correct and scientifically motivated. The journal also encourages the submission of useful reports of negative results. This is a quality controlled, OPEN peer-reviewed, open-access INTERNATIONAL journal.</p> en-US [email protected] (Journal of Economics, Management and Trade) [email protected] (Journal of Economics, Management and Trade) Thu, 30 Jul 2026 09:29:08 +0000 OJS 3.3.0.21 http://blogs.law.harvard.edu/tech/rss 60 https://www.journaljemt.com/index.php/JEMT/article/view/1451 <p>Fragile states in Sub-Saharan Africa continue to face recurrent conflict associated with economic marginalisation, weak institutions, poverty, and restricted access to finance. This study examined whether credit access and mobile money are associated with conflict risk in ten fragile Sub-Saharan African countries—South Sudan, Somalia, the Central African Republic, the Democratic Republic of the Congo, Mali, Nigeria, Ethiopia, Burkina Faso, Niger, and Mozambique—between 2010 and 2024. A random-effects panel regression model was estimated using data from the World Development Indicators, Global Findex, Uppsala Conflict Data Program, and Armed Conflict Location &amp; Event Data Project. Credit access was negatively and significantly associated with conflict risk (β = −0.153, p &lt; .001), while institutional quality also had a negative association at the 5% threshold (β = −0.894, p = .050). By contrast, mobile money penetration (β = 7.593, p &lt; .001) and the overall financial inclusion measure (β = 0.061, p = .002) were positively associated with conflict risk. Poverty showed an unexpected negative association (β = −0.446, p &lt; .001), whereas youth unemployment was not statistically significant (β = −0.142, p = .247). These results should be interpreted as associations rather than causal effects. They indicate that the stabilising potential of financial inclusion depends on institutional capacity, effective regulation, and the productive use of finance. Policies should expand affordable formal credit while strengthening digital-finance oversight, consumer protection, and governance in fragile Sub-Saharan African states.</p> Malgit Amos Akims, Gyang Francis Dalyop, Dorcas Melza Musabi, Wycliffe Nyaemo Motende Copyright (c) 2026 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. https://www.journaljemt.com/index.php/JEMT/article/view/1451 Thu, 30 Jul 2026 00:00:00 +0000