How unique lending platforms boost small businesses in Southeast Asia
Niche lending firms are shaping SMEs in Southeast Asia to boost fintech, AI and other technological sectors February 24th, 2020 – In a joint report released recently by the International Finance Corporation (IFC) and SME Finance Forum, it was found ...
Microsoft 4Afrika is supporting over 2000 SMEs at Techpoint SME Clinic 2020
February 7th, 2020 – Microsoft, through its 4Afrika Initiative, is supporting over 2000 micro, small and medium-scale enterprises at the SME Clinic 2020 programme by SME by Techpoint. At its core, Microsoft 4Afrika has supported the digital transfor...
Blockchain Can Be Used for Digitization of SMEs and Other Innovations
February 2th, 2020 – The digitalization of small companies, especially industrial ones, is changing not only from a technological aspect but also from a cultural and educational aspect. Due to the potential use of blockchain and cryptocurrency, the ...
SME Instrument gets stamp of approval from EU auditor
January, 23th 2020 – European Court of Auditors says the funding scheme for small and medium sized companies is “effective” but makes several recommendations ahead of its morphing into the European Innovation Council in 2021. SME Instrument, the...
Bringing digital financial services to S-E Asia
January 9th, 2020 – With a population of 570 million and a booming GDP expected to reach US$4.7 trillion by 2025, the six largest markets in South-east Asia – Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam – repres...
3 ways digital payments can support sustainable economic growth
January 17th, 2020 – Five years ago, every member of the UN agreed to work in partnership with the private sector to achieve the 2030 Agenda for Sustainable Development. As a global payments network with infrastructure that operates in 200 countries...
E-commerce is globalization’s shot at equality
January 19th, 2020 – Small businesses have global potential thanks to e-commerce. SMEs active on the internet export more than traditional businesses. Heightened economic activity can especially benefit women. Globalization got a bad rap in part bec...
African SMEs Chest Thumping on $33 Million Capital Increase
January 9th, 2020 – African Guarantee Fund (AGF) has received an additional USD 33M financing from German lender KfW Development Bank , in a move that will catapult AGF’s efforts to enable African SMEs continue to play their critical role in drivi...
January 2020 Global Economic Prospects: Slow growth, policy challenges
January 8th, 2020 – Following its weakest performance since the global financial crisis, the world economy is poised for a modest rebound this year– if everything goes just right. Hanging over this lethargic recovery are two other trends that rais...
Why upskilling and legal formalisation is key to a stronger SME economy
January 7th, 2020 – JOHANNESBURG – Trying economic times in South Africa over the past decade have made doing business across the country particularly difficult for SMEs and entrepreneurs. According to official figures, 60 percent of South African...