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Why priming Africa’s SMEs for growth needs more than money | World . . . Small and medium enterprises (SMEs) are critical to economic growth in Africa Financing is a challenge for SMEs in Africa, but other factors are also critical to SME growth on the continent A healthy and expanding small business segment in Africa increases employment, broadens the tax base, grows national revenue and frees African governments to fund social and economic infrastructure
Dont underestimate the economic impact of SMEs globally The contribution that small and medium-sized enterprises (SMEs) make in driving positive social, environmental and economic change is often ignored Yet, the impact of SMEs on local and global economies is disproportionate when compared to their size Here, we highlight several SMEs who have used tenacity and speed to adapt to succeed
Small Business, Big Problem: New Report Says 67% of SMEs Worldwide Are . . . Geneva, Switzerland, 2 December 2022 – Small- and medium-sized enterprises (SMEs) and mid-sized companies are the backbone of the global economy They create close to 70% of jobs and GDP worldwide But, amid warnings of a global recession, research from the World Economic Forum and the National University of Singapore Business School indicates that 67% of executives from SMEs cite survival
Fast-Tracking SME Sustainability Could Accelerate Global Climate . . . Tianjin, People’s Republic of China, 23 June 2025 – Small and medium-sized enterprises (SMEs) represent 90% of businesses globally and account for 40%-60% of business-sector greenhouse gas (GHG) emissions, yet they remain one of the most under-supported segments in the global sustainability transition
The big opportunity behind small businesses | World Economic Forum This includes our future readiness self-assessment and benchmarking tool, the creation of an SME digital community for peer-to-peer learning between companies as well as meet-ups with experts and the expansion of our New Champions community, a select group of mission-driven mid-sized companies