Small and Medium Sized Enterprises (SME) in Africa can Benefit from Global Disruptions...

No doubt Covid-19 has devastated many commercial enterprises around the world, which incredibly has also now created huge service delivery gaps that would need to be filled. For those only focused on the past and what they have lost they will miss opportunities of the future - the new ones being created through global shifts in supply chains.

In the next 20 to 30 years the world will bring on a few more billions of people - about 1.1 billion of which will be added to Africa making its total population to double to 2.2 billion. The African continent represents an underserved region of the world and yet to take advantage of global trade at the scale that its potentials hold. The African Continent Free Trade Agreement (AfCFTA) is positioned to unlock such economic potential by increasing trade drastically with and on the continent beginning January 1, 2021. Three things to note below are:

  1. Global Wealth distribution is determined by Global Trade Participation
  2. Successful Export Development strategies will fuel Economic Development
  3. Investments in Small and Medium Enterprises (SME) will significantly reduce unemployment across the continent by creating jobs for the Youth.

At Nazaru, I am excited to share the launch of our new SME Training program which will be delivered in a 4 part series kicking off this month. If you are an SME and seeking new markets for your products and services you do not want to miss this classes. Sign up today at: Did you miss the Intra-African Trade Fair (IATF) Info Session I hosted last week? Watch a replay below: