Africa: A Four-Step Plan for African SMEs’ Journey to the Cloud
April 5th, 2022 – As African SMEs feel the pinch of constrained growth following two years of disruption due to the pandemic, business owners are increasingly seeking the benefits of cloud technology to unlock greater efficiency and drive growth.
SMEs vital to employment, economy
SMEs provide as much as 80% of jobs in Africa and play a vital role in driving economic growth in their industries. In Kenya, data shows SMEs accounted for 98% of all businesses and 30% of job creation in 2017 alone, and contributed 34% of the country’s GDP in 2016.
However, the impact of the pandemic has left many SMEs operating under constrained conditions, with many business owners seeking out new technologies to help unlock growth opportunities and improve internal efficiencies.
More…https://allafrica.com/stories/202204060113.html
Written by allAfrica
Related Post
SME Digitalisation to manage shocks and...
Although uptake of digital practices by SMEs continues to increase, so too has the “digital gap” with larger firms. Understanding the dr...
Fostering convergence in SME sustainability reporting
Small and medium-sized enterprises (SMEs) play a pivotal role in driving sustainable economic growth. Representing over 90% of businesses gl...
Advancing gender parity in entrepreneurship: strategies...
Gender parity in entrepreneurship is not just a moral imperative but a crucial driver of economic growth and innovation. Closing the gender ...
