The study sort to establishing a relationship between banking sector competition and financial development in subSaharan n Africa. The study further disaggregated the data used into Francophone and Anglophone countries, and these were examined separated and compared. Using an annual data on banks across 37 countries in Sub-Saharan Africa spanning the period 2001-2016 and employing the Fixed Effects estimation technique, the study revealed that there is a positive and significant relationship between financial development (FDCredit) and competition (CR3) for the full sample and the anglophone samples. The study further revealed that banking sector stability is essential for the financial development of both Anglophone and francophone countries within the sub-region. Macroeconomic variables did not have any impact on financial development generally except in francophone countries where exchange rates were found to have an impact on financial development. Bank-level variables such as ZSCORE, non-performing loans, profitability, liquidity and capitalization, on the hand had little impact in Anglophone countries on financial development compared to francophone countries. The study found that larger banks contribute positively to the development of the financial sector and banks tend to be bigger in Anglophone countries, and their banking sector is also more competitive than the francophone countries for the period used. Less emphasis should be placed on bank-level variables as these do not have significant impacts on the financial sector for Anglophone countries. Francophone countries should, however, control bank-level variables to ensure that they achieve greater financial development. Citation: Ricky-Okine, C. K., Amankwaa, T.and Anane, E.Banking Sector Competition and Financial Development in Sub-Saharan Africa,2020; 5(3): 58-85. Received: July 18, 2020Accepted: September 30, 2020

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Rural banking is quiet prevalent in Africa perhaps Ghana. Current research shows that its existence has contributed immensely to the rural community development in the country, hence its description as the financial engine for a countrys growth. Knowing its relevance to the development of a country, and it not being a full fledge bank, there is the need to conduct an empirical study to examine its financial œmodus operandio specifically cash management mechanisms. Therefore the main objective of this paper is to investigate rural banks cash management policies in Ghana using float management techniques, collection techniques, disbursement control and investment of idle cash as its main variables. Questionnaire was used to collect data from one Rural Bank and SPSS was used to analyze the data. The study found that, the collections and disbursements activities of the rural banks do not create any float; that disbursements are always higher than collections; that the difference between collections and disbursements is very significant; that there is no relationship between collections and disbursement. The practical implication of the findings are discussed.