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Innovation to Boost SMES in Africa

  Aug 31, 2018
 

Small Medium Enterprises are the backbone of every developing county. Access to modern technology, training and adequate finance are vital for any SME to thrive. Currently, SMEs contribute more than half of Kenya’s Gross Domestic Product (GDP) and provide more than three quarters of all new jobs especially among the rapidly growing youth population.

Strathmore Business School will host the 6th Annual SME Conference and Expo under the theme: Enhancing SME sustainability through Innovation for The Big 4 Agenda, on 6th and 7th September 2018.

The government of Kenya in its Big 4 Agenda plans to support the creation of 1,000 SMEs and create 200,000 jobs by 2022. Long term economic effects of SMEs in a society includes increased income and GDP. In Kenya SMEs have the potential of helping the country address the imbalance between imports and exports.

In its endeavour to transform the continent, Strathmore Business School takes an active role in influencing leadership in both public and private sectors. For the country to realise the Big 4 Agenda, collaboration between these sectors is crucial.

The annual SME conference for five years in a row has converged entrepreneurs and business leaders across East Africa, in a bid to address pertinent concerns that influence the growth of business enterprises; while giving them a platform to broaden their networks.

 



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