This study examined the relationship between financial stability and
entrepreneurship development in Sub-Sahara Africa, thereby scaling up the
achievement of SDGs 1, 5, 8, 9, 10 and 12. The study made use of pooled data from
24 sub-Sahara Africa countries covering the period from 2004 to 2017. The method
of analysis utilised is the pooled ordinary least squares (OLS) and random effects
techniques. The findings revealed that financial stability (which measures the
financial strength of the banks, real economic stability and the level of financial
market development in the region) have a significant positive effect on entrepreneurship development at one per cent (1 per cent) significance level in the study
period. The findings of the study suggest that stability in the financial environment
facilitates the provision of credit facilities for entrepreneurship and promotion of
new business start-up in the study area. The result also shows that East African
countries make a significant positive contribution to entrepreneurship development
in terms of responsiveness to changes in financial stability, governance, strong
institutions, economic development and human capital development than other
regions in the continen
