IFC partners EU to support entrepreneurship growth
Published On March 24, 2022 » 1157 Views» By Times Reporter » Business, Stories
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By KENNEDY MUPESENI –
THE International Finance Corporation (IFC), the European and African partners have launched an Alliance for Entrepreneurship in Africa (AforE) to support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa.
According to the World Bank, SMEs account for up to 90 per cent of all businesses in sub-Saharan Africa and represent 38 per cent of the region’s Gross Domestic Product (GDP).
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