oa Business Management Review - Policy issues and small and medium enterprise (SME) development in Africa

Volume 9, Issue 1
  • ISSN : 0856-2253



This paper explores policy constraints and issues related to the development of the SMEs. SMEs are an essential-part of the private sector, which is a key engine of growth and poverty reduction. SMEs hold the promise of providing a base for the emergence of dynamic and efficient large-scale firms and consequently a more flexible and competitive economy. However the, SMEs sector in Africa is fragile due its exposure to today's risky business environment and other constraints such as lack of access to capital, information and knowledge, and poor infrastructure. The government, in collaboration with the private sector and other stakeholders, has a key role in helping SMEs overcome these constraints.

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