Digital Transformation Strategy

Micro, Small and Medium-Sized Enterprises and Non-Tariff Barriers in African Trade

Micro, Small and Medium-sized Enterprises (MSMEs) play a fundamental role in job creation and economic development in many countries. MSMEs account for about 90% of businesses and generate more than 50% of employment worldwide, with formal Small and Medium-Sized Enterprises (SMEs) contributing to about 40% of national income (gross domestic product (GDP)) in emerging economies. This article seeks to proffer action plans to be implemented at the national, regional and continental levels to assist MSMEs in realizing sustainable development and the underlying sustainable development goals (SDGs).