Duration of Support and Financial Health of Business Support Structures in Burkina Faso, Cameroon, and Ghana: A Micro-Econometric Analysis

Jean Kouam (jcedrickouam@yahoo.fr), Simplice Asongu, Bin Meh (bmeh@foretiafoundation.org), Robert Nantchouang (rnantchouang@foretiafoundation.org), Fri Asanga (fasanga@foretiafoundation.org) and Denis Foretia (dforetia@foretiafoundation.org)
Additional contact information
Jean Kouam: Yaoundé, Cameroon
Bin Meh: Yaoundé, Cameroon
Robert Nantchouang: Yaoundé, Cameroon
Fri Asanga: Yaoundé, Cameroon
Denis Foretia: Yaoundé, Cameroon

No 22/048, Working Papers from European Xtramile Centre of African Studies (EXCAS)

Abstract: Access to finance is perceived as one of the major problems facing businesses in Sub-Saharan Africa, as well as the structures that support them in their development. This paper aims to measure the probability that a support structure with given characteristics, specific services to entrepreneurs and some technical capacities will face large-scale financial problems. We estimate a multinomial logistic model using a pool of disaggregated data collected by the Nkafu Policy Institute in a survey of 79 business support structures in Burkina Faso, Cameroon and Ghana in 2021. Our results show that the financial health of a business support structure is not fundamentally dependent on the duration of support, but rather on other factors related to the quality of services offered to entrepreneurs.

Keywords: Duration of support; Financial Health of Businesses; Sub-Saharan Africa, Multinomial logit model (search for similar items in EconPapers)
JEL-codes: C13 C25 M20 O10 O30 O55 (search for similar items in EconPapers)
Pages: 31
Date: 2022-01
New Economics Papers: this item is included in nep-dev and nep-ent
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http://publications.excas.org/RePEc/exs/exs-wpaper ... pport-Structures.pdf Revised version, 2022 (application/pdf)

Related works:
Journal Article: Duration of Support and Financial Health of Business Support Structures in Burkina Faso, Cameroon, and Ghana: A Micro-Econometric Analysis (2024)
Working Paper: Duration of Support and Financial Health of Business Support Structures in Burkina Faso, Cameroon, and Ghana: A Micro-Econometric Analysis (2022)
Working Paper: Duration of Support and Financial Health of Business Support Structures in Burkina Faso, Cameroon, and Ghana: A Micro-Econometric Analysis (2022)
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