SME workshop for eastern and southern Africa

Abstract

Small and Medium Enterprises (SMEs) are widely recognized as vital contributors to employment generation, economic growth, and social cohesion in both developing and developed countries. In the context of globalization, SMEs are seen as key players due to their flexibility and adaptability, which enable them to respond to dynamic global market demands. However, while globalization presents opportunities for SMEs to engage in international trade, it also poses significant challenges, particularly for African SMEs. These challenges include unfavorable policy environments, limited access to credit, inadequate market access, outdated technology, insufficient infrastructure, and a lack of tailored training programs. To compete effectively in regional and global markets, African SMEs require strategic support to enhance their competitiveness in terms of product quality, pricing, and delivery standards. Recognizing these challenges, the Economic Commission for Africa (ECA) organized a subregional workshop titled "Enhancing the Competitiveness of African SMEs in Regional and Global Markets: The Role of Support Services," held in Mauritius from November 27 to December 1, 2000. The workshop brought together 35 participants from nine African countries within the COMESA and SADC regions, alongside experts from organizations such as the ILO, MIGA, IDS-University of Sussex, and Strabus Software Solutions.