There is growing recognition of the important role Micro, Small and Medium Enterprises (MSMEs) play in economic development. They play a pivotal role through several pathways that go beyond job creation. They are growth supporting sectors that not only contribute significantly to improve living standards, but also bring substantial local capital formation and are responsible for driving innovation and competition in developing economies. Governments at all levels have undertaken initiatives to promote the growth and development of MSMEs. The general perspective is that MSMEs are seen as accelerating the attainment of broad socio-economic objectives, including poverty reduction, employment generation, wealth creation, among others. Continue reading this Report... SMEDAN/NBS MSME Survey Summary Report
Amaka Nwaokolo coordinates the Research and Policy Unit at FATE Foundation and enjoys making music in her spare time.