
Africa: A Four-Step Plan for African SMEs’ Journey to the Cloud
April 5th, 2022 – As African SMEs feel the pinch of constrained growth following two years of disruption due to the pandemic, business owners are increasingly seeking the benefits of cloud technology to unlock greater efficiency and drive growth.
SMEs vital to employment, economy
SMEs provide as much as 80% of jobs in Africa and play a vital role in driving economic growth in their industries. In Kenya, data shows SMEs accounted for 98% of all businesses and 30% of job creation in 2017 alone, and contributed 34% of the country’s GDP in 2016.
However, the impact of the pandemic has left many SMEs operating under constrained conditions, with many business owners seeking out new technologies to help unlock growth opportunities and improve internal efficiencies.
More…https://allafrica.com/stories/202204060113.html
Written by allAfrica
Related Post
Alibaba Steps Up Global Outreach to...
Alibaba Group has recently intensified efforts to bring AI tools and training to SMEs across several countries, a pattern worth noting for W...
The Impact of the Iran Conflict...
Geopolitical shocks are reaching small and medium-sized enterprises faster than ever. According to a recent analysis by Trade Finance Global...
U.S. Small Businesses Pull Back on...
A cluster of fresh data released this week paints a cautious picture for small businesses in the United States: hiring ambitions are fading,...




