Latest
By Natasha Parmanand, Managing Director of FedEx Express Sub-Saharan Africa Operations Sustainability is critical for businesses to build resilience for the future. Hence, businesses today irrespective of their scale are taking a step ahead and embracing environmentally responsible practices. Small and Medium Enterprises (SMEs), though they may not have the vast resources like large corporates, […]
...The AECF (Africa Enterprise Challenge Fund) has today launched the Sudan SME Catalyser with an initial €12.5 million from the German Federal Ministry of Economic Cooperation and Development (BMZ) via KfW. The programme seeks to support SMEs in Sudan that are relocating from areas of conflict to more stable parts of the country. SMEs form […]
...by Dumisani Moyo, Marketing Director at SAP Africa Artificial intelligence is the must-have technology for every business owner in 2024. By leveraging AI technologies, SMEs can achieve performance and innovation boosts across multiple areas of the business, from financial management to sales and marketing to human capital management and product development. The global AI market […]
...The Challenge While Liberia has a large and growing base of small and medium enterprises that are a promising source of jobs, many of these businesses lack access to sufficient financing to make long-term investments and weather challenges like COVID-19. Most of the labor force in Liberia is employed in the informal economy such as […]
...Although small and medium businesses (SMEs) account for 95% of all registered businesses and contribute about 50% to the total GDP of sub-Saharan countries, entrepreneurs still face significant obstacles to growth and prosperity, which go beyond the traditional barrier of acquiring finance. Addressing their needs and ability to reach their potential is essential to creating a prosperous […]
...Leading telecommunications provider, MTN Nigeria, and Adbot, an ad-tech company, today announced a partnership to bring MTN’s Thryve Google Ads services to all SMEs on MTN Nigeria’s network. The collaboration empowers SMEs to enhance their online visibility, taking advantage of the Thryve Google Ads Bundle, which provides 1Gb of data, a minimum of 10 website […]
...Speaking after the signing, Prof. Oramah pointed out that African SMEs continue to struggle to access adequate and affordable financing for growing their businesses The China Development Bank (CDB) today in Cairo signed a development-focused agreement to provide the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) with a US$400-million term loan facility to support the financing of […]
...We are living in a digital age where nearly every aspect of our lives has been transformed by technology. The SME sector is no exception. More and more businesses are embracing digital solutions, seeking efficiency, agility, and personalised service, to help them innovate and grow, but to also meet the many challenges they face every […]
...The exploding population, low literacy and low retirement rates all compound unemployment. To address this challenge the Nigerian government needs to enable the shift of young people becoming job creators rather than job seekers. By Didi Onwu, Managing Editor of the Anzisha Prize Nigeria’s small-and-medium enterprises (SME) sector and its entrepreneurial ecosystem are often seen […]
...Mastercard has partnered with Nigerian digital payment startup NowNow, to help SMEs reduce the risk of cyberattacks. There has been a significant increase in cybercrime in recent years. According to the Nigerian Communications Commission, Nigeria loses an estimated USD500, 000, 000 (Five Hundred Million United States Dollars) yearly due to cybercrime. SMEs are a huge target for […]
...