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).
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Thus, for purposes of AfCFTA sustainability, AfCFTA implementation mechanisms should: integrate inclusive and participatory decision-making process; retain policy space for national interests; and extend AfCFTA benefits to all society groups—women, youth, people with disabilities, and Micro, Small and Medium Enterprises (MSMEs)—without comprising the sustainability of environmental resources.