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Financial Inclusion and Small Enterprise Growth in Africa: Emerging Perspectives and Research Agenda

John Kuada ()
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John Kuada: Aalborg, Denmark

No 21/084, Working Papers from European Xtramile Centre of African Studies (EXCAS)

Abstract: Purpose – The purposes of this paper are to review the streams of studies that link financial inclusion to small enterprise growth in Sub-Sahara Africa (SSA), to identify the research gaps they provide, and to prepare an agenda for future research in the field. Design/methodology/approach – The study employs systematic literature search method to identify relevant literature from journals. It then adopts a narrative approach for the review, highlighting the findings from the prior studies and gaps requiring research attention. Findings – The discussions reveal that there is a need for future studies that can unpack small enterprise growth determinants, identify growth-enabling entrepreneurial characteristics and examine the contextual variabilities that shape their effectiveness. Originality/value – There is currently no comprehensive/integrated review exploring the link between financial inclusion and small enterprise growth in SSA. This review therefore provides insights that contribute to the development of this stream of research.

Keywords: Financial inclusion; entrepreneurship; small businesses; enterprise growth; Africa (search for similar items in EconPapers)
Pages: 26
Date: 2021-01
New Economics Papers: this item is included in nep-ent, nep-fle and nep-sbm
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Forthcoming in African Journal of Economic and Management Studies

Downloads: (external link) ... Growth-in-Africa.pdf Revised version, 2021 (application/pdf)

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