SMEs Perspective in Africa Creating Sustainable and Resilient Economies

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.

1. Introduction.- 2. SMEs and Economic Development: Global and African Perspectives.- 3. Small and Medium Enterprises (SMEs) and Poverty Reduction in Africa.- 4. Small and Medium Enterprises and Job creation.- 5. Digital Technologies for SMEs and Job Creation in Africa.- 6. Access to Finance and SMEs Growth.- 7. Markets and SMEs Growth.- 8. Business Environment and SMEs Performance.- 9. Performance of SMEs Exports in Africa: Challenges and Remedies.- 10. SMEs Tax Compliance in Africa.- 11. Challenges of Information Infrastructure for SMEs.- 12. Conclusion and Recommendations.

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.