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When people envision African exports, they frequently imagine crude oil tankers, crates of cocoa beans, or bales of raw cotton. However, one crucial element is absent from these images—the lifeblood of a robust economy: small and medium-sized enterprises (SMEs). Approximately 80% of jobs on the continent are provided by SMEs (Afreximbank, 2025), but these…
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When people envision African exports, they frequently imagine crude oil tankers, crates of cocoa beans, or bales of raw cotton. However, one crucial element is absent from these images—the lifeblood of a robust economy: small and medium-sized enterprises (SMEs). Approximately 80% of jobs on the continent are provided by SMEs (Afreximbank, 2025), but these…
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On May 9, Pakistan — Provincial Minister for Industries and Commerce Jam Ikramullah Dharejo stated that all development initiatives under Sindh Small Industries must be finished promptly. During his chairmanship of the event held today, he made this statement. At the gathering, Secretary Industries and Commerce Muhammad Yasin Shar Baloch as well as Managing…
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VMPL In New Delhi [India], reported on May 7th, small and medium-sized enterprises (SMEs) serve as the bedrock of the nation’s economic structure, representing most commercial entities. These companies account for approximately 30% of India’s Gross Domestic Product (GDP), about 40% of total exports, and around 45% of industrial production outputs. Despite these contributions,…
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By Priscilla Araba COURNOOH Small and medium-sized enterprises (SMEs) play a crucial role in Ghana’s economy, accounting for 92% of all business entities and providing 70% of the nation’s gross domestic product (GDP). Even though they play a vital part, numerous small and medium-sized enterprises encounter substantial obstacles such as restricted financial resources, insufficient…