UBA Group’s Muyiwa Akinyemi emphasises low-cost SME financing as the missing catalyst for AfCFTA growth. “SMEs are the engine for growth and development in Africa,” he says.
Posted on July 28, 2023 15:01UBA’s Muyiwa Akinyemi urges for a deliberate, concerted effort to boost SME access to financing across Africa.
The missing catalyst that can kickstart Africa’s free trade agreement is small-business financing, United Bank for Africa Group’s Muyiwa Akinyemi says. Companies that have participated in AfCFTA’s guided trade initiative are mainly large-scale businesses and multinationals operating on the continent.Get unlimited access to our exclusive journalism and features today.
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