African Indigenous Financial Institutions The Case of Congo and Libe

This book examines engagements with financial services in contexts of conflict. Using Liberia and the Democratic Republic of the Congo as case studies, it explores informal financial and business strategies and how these shift during conflict. Through a c

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JULIA SMITH-OMOMO

African Indigenous Financial Institutions

Julia Smith-Omomo

African Indigenous Financial Institutions The Case of Congo and Liberia

Julia Smith-Omomo Independent Researcher Washington, DC, USA

ISBN 978-3-319-98010-2    ISBN 978-3-319-98011-9 (eBook) https://doi.org/10.1007/978-3-319-98011-9 Library of Congress Control Number: 2018952785 © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019, corrected publication November 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover design © pbombaert/Moment/Getty Images Cover by Tjaša Krivec This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

Acknowledgements

I would like to acknowledge the support of the Kavyavu family, who hosted me in their homes in Washington, DC, Kinshasa, Butembo, and Beni. Apart from making the fieldwork for this research possible, they inspired it before it began. In Liberia, this research was carried out during a work placement with the West African Network for Peacebuilding’s branch in Monrovia, Liberia. The West African Network for Peacebuilding is an international non-governmental organization working on issues of reconciliation, justice, and human rights across West Africa. The work placement conducted was the initiation of mid-size grant between the Trust Africa foundation and the Women in Peacebuilding Network program to support rural women’s learning and leadership development. As part of this process, a baseline study was conducted and various potential partners and supervisors were contacted regarding project design and implementation. The work placement results complemented a concurrent household study conducted in the Gulf Community of the Ch