SMEs and Job Creation

Nirmala Dorasamy () and Eustache Tanzala Kikasu
Additional contact information
Nirmala Dorasamy: Durban University of Technology
Eustache Tanzala Kikasu: Durban University of Technology

Chapter Chapter 4 in SMEs Perspective in Africa, 2024, pp 57-88 from Springer

Abstract: Abstract Small and Medium-sized Enterprises (SMEs) play a crucial role in job creation and economic development in Africa. They are considered the backbone of many African economies due to their ability to generate employment opportunities and promote inclusive growth. SMEs are substantial job creators in Africa. They offer employment opportunities for a large segment of the population, particularly in sectors like agriculture, manufacturing, and services (African Development Bank, 2018). SMEs contribute significantly to GDP and employment. For example, in Sub-Saharan Africa, SMEs make up about 90% of all businesses (African Development Bank, 2018).

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-69103-4_4

Ordering information: This item can be ordered from
http://www.springer.com/9783031691034

DOI: 10.1007/978-3-031-69103-4_4

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().