Credit Access and Adoption of ICT by Small and Medium Sized Enterprises in Togo
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Date
2026
Authors
Yaovi Innocento Mawuena
Guy Martial Takam Fongang
Guerlais Noël Bouopda
Journal Title
Journal ISSN
Volume Title
Publisher
AERC
Abstract
The study aims to analyse the impact of credit access on the adoption of ICT by Small and Medium sized enterprises (SMEs) in Togo. To achieve the objective, the study uses the general enterprises census data collected by the National Institute of Statistics and Economic and Demographic Studies (INSEED) in 2018 and a propensity score matching method. The results globally show that credit access has a positive and significant impact on ICT adoption. Access to credit increases the probability of Togolese SMEs adopting ICT by about 0.032-0.234, 0.025-0.157 and 0.020-0.147 percentage point for computer, internet, and e-business adoption, respectively. Credit access has a positive and significant impact on ICT adoption for all types of enterprises except for medium enterprises. The study therefore suggests increasing access to credit to increase ICT adoption among Togolese SMEs.