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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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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,…