This book is expected to serve as an introductory content in panel data analysis for graduate students who are interested in time series econometric study. Mostly the statistical theories and methods that are associated with econometric contents used in the textbook are simply displayed to help and encourage the new learners in the field. More so, the results and discussions in this text open and expose students to some previous works in the literature and how this will help in the area of reconciling the relationship between Financial Development (Stock Markets, Banks, Financial deepening and sophistication), Macroeconomic Variables and the Long run growth in Africa. Research students are also encouraged to use the book to improve their work and see for possible extensions and likely suggestions to take the work to the next level.