Bankable Assets : Africa Faces Many Obstacles in Developing Financial Systems
Sound, deep, and efficient financial
sectors are vital for high sustained, private sector-led
growth. But financial sectors in their current form pose
major problems for the economies of sub Saharan Africa
(SSA). Insufficient access to credit by small and medium-
sized enterprises constrains their ability to expand and
limits countries' growth potential. Most households
cannot build formal savings, so their ability to escape