Good Morning Africa
Good Morning Africa is your daily source of Economy and Business news from the continent. It is a product of @TheKFinancial, hosted by Ruth Adong.
Good Morning Africa
Africa’s Future Runs on SMEs : Who Will Fund Them?
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Local investment is becoming one of the clearest indicators of economic confidence across the continent. The principle is simple: foreign direct investment follows local belief.
Ethiopia is emerging after decades of economic rebuilding, now attracting significant cross-border investment from African business leaders. But challenges remain, especially for small businesses. In Ethiopia, just 2% of enterprises receive up to 90% of bank lending, leaving SMEs — the real job creators — underserved.
Bernard Laurendeau, Managing Director of Enkopa Lab joins us to discuss Africa’s next growth chapter and why it depends on building stronger support systems for enterprise.