Publications

The Challenges and Opportunities of SME Financing in Africa

The London Stock Exchange released a report detailing the issues faced by SMEs and opportunities with financing in Africa. 

SMEs account for about 90 percent of Africa’s businesses and the driving force of the continent’s economic development, yet they are still facing financial barriers. 

Key challenges SMEs are facing include:

Publications

Publications

The Challenges and Opportunities of SME Financing in Africa
The London Stock Exchange released a report detailing the issues faced by SMEs and opportunities with financing in Africa. SMEs account for about 90 percent of Africa’s businesses and the driving force of the continent’s economic development, yet they are still facing financial barriers. Key challenges SMEs are facing include: Inefficiency of...
UNSGSA Annual Report 2018
The United Nations Secretary-General’s Special Advocate (UNSGSA) annual report was released and focuses on financial inclusion, technology, innovation and progress. The report covers the advancements with mobile money and technology, in addition to covering the challenges associated with data privacy. Nations Secretary-General’s Special Advocate...
SME and Entrepreneurship Policy in Indonesia 2018
The Organization for Economic Cooperation and Development (OECD) published a study examining the role SMEs play in economic growth and social inclusion in Indonesia. Data from the Ministry of Co-operatives and SMEs revealed, Indonesian SMEs account for 97 percent of domestic employment and 56 percent of total business investment. The report...
Global Financial Stability Report
The International Monetary Fund released a report detailing the global financial conditions in emerging market economies, policy credibility in emerging markets and global regulatory reform 10 years after the global financial crisis. Issues examined in the report included the growing trade tensions in emerging market economies and the global...
SME-Focused Development Banks: Five Key Missions in a Time of Change
In recent years, there has been a renewed appreciation for the critical role SME-focused development banks play in the economies of many countries. Besides supplying much-needed capital to businesses during times of crisis and recession, development banks are increasingly supporting essential change. This paper looks at five societal missions...
Banking in the Digital First World: A New Reality for SME Banking
SMEs have continued to face hardships, despite being a vital source to economic growth. One issue regarding SMEs, is their ability to “outpace” banks. In the report by Medici, solutions for this problem included: cognitive accounting platforms, invoice discounting, e-invoicing, SME credit scoring & lending, API-based bulk payouts, expense...
Report: State of the Small Growing and Business Sector
The Aspen Network of Development Entrepreneurs (ANDE) impact report on The State of the Small and Growing Business Sector (SGB), focuses on development services, donor funding and direct investments. Key insights centered around SGB investing and donor funding from the report include: Over 400 investment vehicles have launched in the past 10 years...
Report: Longitudinal Impact Study of Accion and Opportunity Fund Small Business Lending in the U.S.
The Longitudinal Impact Study of Accion and Opportunity Fund Small Business Lending in the U.S. is a first-of-its-kind national, longitudinal, qualitative examination of social impact of small-dollar loans on household and family life, poverty alleviation, or community development. It reports on a nationwide cohort of 350 Accion and Opportunity...
Study: Banking a Challenge for 65 Percent of UAE SMEs
Complex procedures and lengthy documentation are becoming a deterrent for United Arab Emirates (UAE) SMEs. Almost two-thirds of entrepreneurs, state banking as an issue. Opening a bank account can take new SMEs up to three months to open; a white paper report from the Dubai Chamber of Commerce states complex verification processes are also...
Report on the Affordable Capital for SME Growth Inquiry
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, released a report from the Affordable Capital for SME Growth inquiry on June 29. Launched in April 2018, the inquiry explored the range of international and national initiatives that sought to address the funding gap for small to medium sized enterprises (SMEs). Lenders...