The article explores how financial development in African countries affects the benefits of financial globalization. The researchers found that only the initial size of financial institutions is crucial for reaping these benefits. Improving surplus liquidity in African financial institutions could enhance the benefits of financial size. However, factors like financial efficiency and activity do not necessarily lead to greater benefits from financial globalization. Policymakers need to consider the specific financial dynamics of depth, efficiency, activity, and size in each country to maximize the advantages of financial globalization.