Building Resilience in Emerging Market Economies By Supporting Small Businesses
The Global Small Business Blog
MAY 26, 2022
©iStock/Visual Generation Small businesses create up to 80% of jobs and generate up to 70% of GDP in Africa alone and are essential drivers of growth, employment and livelihoods in emerging markets. In emerging market economies , however, there are intractable structural barriers to raising finance that most of these businesses face. The yawning gap in financing runs into the trillions of dollars.
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