International Journal of Current Research and Academic Review

ISSN: 2347-3215 Volume 1 Number 3 (2013) pp. 58-70

Opacity of governance and lack of access SME bank financing in sub- Saharan Africa: determinants of positions

Souleymanou Kadouamai*

The University of Maroua, PoBox 46, Maroua Cameroun

A B S T R A C T

It is customary to bring the development of the SME sector to access funding. In light of the realities of Sub-Saharan Africa SME, traits appear beyond membership in the informal sector, slowing more accessibility to bank financing. Indicators confirm the concerns regularly expressed by entrepreneurs who identify access to finance as a major constraint to the development and competitiveness of SME, the engine of growth in the region. If the lack of trust may be the power source of these constraints, it is with rudimentary accounting practices, reporting insincere information and fallen management practices. This means, from a review of the literature, position the unifying factor of the difficulties of African SME access to finance, given the relative importance of the banking sector in the continent.

Keywords

accounting; management practices; SME in Sub-Saharan Africa; bank financing