Insights from Entrepreneurs and BDS Providers
White Paper: The Impact of COVID-19 on Africa's SMMEs
The impact of the Covid-19 pandemic on small businesses is felt worldwide. However, emerging markets’ entrepreneurs are likely to experience the full impact of the economic aftermath far more than those in developed countries. This is due to the notion that most entrepreneurs in these markets are already faced with institutional inadequacies that contribute to a shortage of resources and persisting turbulent economic conditions.
The results of the quantitative research conducted by C4G at the very beginning of the pandemic in Africa is captured in this report. This report sheds light on the likely impact of Covid-19 on business operations of SMMEs in Africa.