Empowering Africa’s SMEs through Technology Adoption
Nearly 70% of small and medium-sized enterprises (SMEs) in Africa invested in technology in the past 12 months to help boost growth and resilience - an indication that SMEs are embracing the positive impact of technology. There are numerous opportunities that unlock the full potential of digitalisation for these businesses and the continent, which means addressing barriers, such as infrastructure, connectivity, and the high cost of implementing technology, and developing best practice frameworks for better collaboration. These are findings from a new report, titled ‘Levelling the SME Playing Field’, jointly launched by Vodacom Group, Vodafone Group and Safaricom. The report is the sixth research paper under the Africa.connected campaign, which aims to drive sustainable development by closing the digital divides in Africa’s key economic sectors through strategic partnerships. “This report explores the specific challenges SMEs face in Africa and unpacks what needs to be done to help thes...