CSCP News | Posted July 11, 2024
Supporting Sustainable Business in Africa Through Capacity Building
Micro, small, and medium-sized enterprises (MSMEs) are a strong pillar of Africa’s economy. However, many such companies face challenges related to finance, skills, and market access. Through our SteamBioAfrica project we are working closely with MSMEs on capacity-building programmes focusing on sustainable entrepreneurship and financial management, enhancing local capacity, and fostering economic resilience. Africa enjoys one of the highest entrepreneurship rates globally, with micro, small, and medium-sized enterprises (MSMEs) playing a crucial role in the continent’s sustainable development*. However, a staggering 80% of African MSMEs fail within their first years, primarily due to limited access to finance, human resources, essential […]