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News from 2019-01-17 / KfW Research
Access to finance is main obstacle for SMEs in Africa
Access to finance is a major prerequisite for micro, small and medium-sized enterprises in developing countries to be able to use investment and growth opportunities. It is also an enormous challenge for many MSMEs. This applies to Africa more than to any other region in the world. Here, access to finance is by far the main obstacle for MSMEs. Still, it is possible to identify positive developments in many African countries.