SMEs Perspective in Africa

This book examines the important role played by small and medium-sized enterprises (SMEs) in driving economic growth in Africa. It highlights how SMEs have become central to the global economy and are vital in creating employment, reducing poverty, and ensuring economic development. The potential for SMEs to positively impact Africa and maximise the continent’s rich natural resources are outlined in relation to the creation of sustainable and resilience economies. The benefits of digital technologies, the need for easier access to finance, and the creation of operational business spaces are also discussed. This book offers a practical framework for the development of SMEs and the reduction of inequality in Africa. It will be relevant to researchers and policymakers interested in development and African economics. Gift Mugano is Associate Professor of Economics at the Durban University of Technology. Nirmala Dorasamy is Professor of Public Management and Economics at the Durban University of Technology.