Driving resilient economies through digitisation of SMEs

Gerald Maithya, Startups Lead, Africa Transformation Office. [File, Standard]

Small and medium-sized enterprises (SMEs) are critical to Africa's inclusive socio-economic growth. These businesses help to anchor countries' economies and contribute to inclusive socio-economic growth.

SMEs account for 40 per cent of GDP in emerging economies and create at least 90 per cent of new jobs. This is especially true in Africa, where more than 60 per cent of the population is under the age of 25.