Law and Economy

Digital Financial Literacy and AI-Driven Digital Finance Adoption: The Mediating Role of Customer Value Proposition in the Banking Industry in Cameroon

2025-09-05T08:12:02+00:00

The rapid integration of artificial intelligence (AI) in digital finance has transformed the banking landscape, necessitating a deeper understanding of the factors influencing its adoption. This study investigates the effect of digital financial literacy on customers’ intention to adopt AI-driven digital finance, with customer value proposition (CVP) serving as a mediating variable. Surveys were employed to collect data from 466 banking customers in Cameroon, which were analyzed using partial least squares-based structural equation modeling (PLS-SEM). It was revealed that DFL influences CVP, including Functional, Benefit, Symbolic and Emotional Value, which are involved in the intention to use digital finance. The mediation of the nexus between DFL and the intention to use digital finance was carried out using the four dimensions of CVP. Theoretical and practical insights into the development of digital finance services in a developing country are provided by this study’s findings. Theoretically, the research on drivers of the customer value proposition in financial services is extended. As practical implications, financial institutions are advised to focus on emotional and symbolic values such as brand image, customer experience, and trust. It is also recommended that the government and institutions continue activities that promote digital financial literacy.

Vehicle Recovery Services and Road Safety Complience in Port Harcourt Metropolis

2025-09-10T10:16:53+00:00

This study investigates vehicle recovery services and road safety compliance in the Port Harcourt metropolis. In order to evaluate the state of vehicle recovery services and road safety compliance in the city, a questionnaire was prepared to assess vehicle recovery services and road safety compliance based on 4 main categories: Impact, availability and affordability, performance and challenges. The statistical analysis and tools employed were simple percentage (%) tables and charts. The findings obtained revealed that there are areas for improvement with regard to vehicle recovery in the city, particularly with respect to breakdowns. Distressed vehicles which for one reason or the other are not recovered quickly, contribute significantly to hindering smooth traffic flow, could contribute to secondary crashes and in themselves, contribute to a reduction in road safety compliance. The study recommended that the Rivers State Ministry of Transport should be involved in regulating vehicle recovery services in the state and shaping policy that affects the sector. The involvement of the Ministry in increasing driver education will also contribute towards improving road safety compliance in the state.

The Liability of Freight Forwarding Agents as Middlemen in International Transactions: The Case of Cameroon

2025-09-11T09:58:17+00:00

International trade relies heavily on effective logistics intermediaries, notably freight forwarding agents, who play a pivotal role in facilitating cross-border transactions. In Cameroon, the complex interplay between legal frameworks, industry standards, and operational realities shapes the liability faced by these agents as middlemen. Despite the foundational legal structures, the liability of freight forwarders in Cameroon is often ill-defined due to fragmented legislation, ineffective implementation, and inconsistent industry practices. Ambiguities in the law and lax enforcement mean stakeholders face uncertainty about the standards of responsibility, compensatory mechanisms, and dispute resolution processes in cases of cargo loss, damage, or delay. The primary aim of this article is to critically assess the legal basis, scope, and practical effectiveness of the liability regime governing freight forwarding agents in Cameroon’s international transactions environment. The methodology adopted is purely qualitative research methodology. The method is doctrinal engulfing an in depth analysis of both primary and secondary sources of data. The primary sources of data are gotten from laws, case law why the secondary sources of data are gotten from books, journal articles, reports, newspapers. Finding reveal that Freight forwarders in Cameroon are generally liable for loss or damage to cargo under a presumption of fault, although liability can be limited or excluded by contract, statutory exemptions (such as force majeure), and international convention provisions. The article concludes the current regime governing the liability of freight forwarding agents in Cameroon broadly supported by domestic and international legal instruments, is hampered by inconsistencies, enforcement gaps, and operational ambiguities. This results in uncertainty for parties and impedes effective recourse in the event of disputes or losses. The article recommends that there is the need for the Government of Cameroon to harmonize and clarify liability standards within Cameroonian law and align them more closely with international conventions.

Determinants of Mobile Banking Services Adoption in the Fako Division of Cameroon

2025-09-11T10:02:14+00:00

This study examines the key determinants of mobile banking adoption in the Fako Division of Cameroon, focusing on perceived trust and security, perceived cost, and marketing communication, while accounting for gender and education. A quantitative approach was employed, collecting data from 356 respondents via structured questionnaires. Reliability analysis confirmed strong internal consistency for all constructs (Cronbach’s α > 0.70). Pearson correlation and multiple regression analyses revealed that trust and security (β = 0.428, p < 0.001) and marketing communication (β = 0.367, p < 0.001) positively and significantly influence mobile banking adoption, while perceived cost (β = -0.312, p < 0.001) negatively affects adoption. Education also positively predicted adoption (β = 0.164, p = 0.023), whereas gender was not significant. The model accounted for 55% of the variance in adoption (R² = 0.551), indicating a strong explanatory power. These findings highlight the importance of building trust, implementing affordable pricing strategies, and enhancing awareness campaigns to increase adoption rates. The study provides practical insights for financial institutions, telecom operators, and policymakers seeking to improve mobile banking uptake and promote financial inclusion in emerging economies.

Criminalization of “Genital Mutilation” in Cameroon: The Inadequacy of the Criminal Law

2025-09-11T10:06:17+00:00

This paper addresses the inadequacies of the criminal law in eradicating FGM in Cameroon. It adopts a qualitative methodology grounded in doctrinal studies and based on the interpretation of primary and secondary data. FGM is entrenched in some regions of Cameroon and has met with a variety of responses from the state ranging from sensitization campaigns to outright criminalization. “Genital mutilation” was explicitly penalized under section 277-1 following the amendment of the Penal Code in 2019. The euphoria that greeted this initiative is questionable as the implementation of the provision has largely been ineffective. The complexity of the practice, the absence of political will on the part of the state, and the non-proactive approach of the criminal law are among the factors that have rendered ineffective the criminal law. Consequently, incidences of the practice increased during the era of the COVID-19 pandemic with devastating effects on victims. The eradication of the practice requires an approach that goes beyond the purview of the criminal law, which in its current form, remains a weak link in the fight against the scourge.