How Africa is going to manage global landscape?Īccess to finance is not the answer: On SME fronts, access to finance is commonly considered as a ‘nest’ that allows the right environment for an ‘egg’ to hatch hence, to foster their expansion plans, the financial world is primarily occupied with arranging Fintech and access to finance as a nest for the free range eggs, the SMEs of our times. The financing dilemma of the Green Economy: Why is green economy and climate change financing still at a standstill? Decades have passed while hungry stomachs still cannot decipher the global challenges of EDG or COP28. Can European Union or African Union or BRICS figure out how to mobilize national SME sectors, but how can they start, and where can they lead? How will they cope with hundreds of millions of SMEs and have organized models? This is about streamlined teams and policies as a federal mandate to uplift the citizenry. The sophisticated planning of the national mobilization of entrepreneurialism, where up-skilling of exporters and re-skilling of manufacturers demands special skills. Brand-new math is needed to figure out how to cope with such numbers. Asia has a billion SMEs, whereas China and India added 500 million SMEs to the pool. Now awaits Indonesia, Nigeria, and dozens of other nations, precisely carving their crafts and improving entrepreneurial transformations to change the global economic maps. Now, observe its industrial powers just a decade ago, India created oceans of SMEs, and how it may become the global driver. About a century ago, the USA was an ocean of only SMEs, which grew into large and also global giants and an entrepreneurial nation was born.Ī few decades ago, China was also an ocean of SMEs. Today, little has changed small and medium enterprises have become the originator and prime backbone of trade and commerce across all the nations of the world. In the lands before time, the Hunter asked the women why they did not start assembling baby furniture out of dinosaur bones and selling them at Gatherers’ meet the idea became the unicorn of the period, and the rest is history, so it was written, so it is told.
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