Improved economic opportunity and more resilient livelihoods are key to sustainable development in emerging markets. Interventions designed to support micro, small and medium-sized businesses (MSMEs), startup ecosystems and more established value-chains need to be effective in unlocking innovation and employment if they are to contribute to economic growth. Cenfri undertakes several areas of related work including: Digital economy diagnostics |
A diagnostic study on women cross-border traders between South Africa and Lesotho, Malawi and Mozambique Informal cross-border trade plays a significant economic role in the Southern African Development Community (SADC), making up an estimated 30-40% of total intra-regional trade. It is valued at an estimated USD (United States Dollar) 17.6
As in many other developing countries, Ugandan MSMEs play a fundamental role in the economy – accounting for a substantial share of GDP, driving innovation, and employing a large part of the population. However, MSMEs face various risks that often hinder their development and growth. MSMEs are underserved by insurance
Almost half of Sub-Saharan Africa’s trade every year – USD 362 billion of merchandise trade – settles in US dollars, despite the US accounting for less than 10 percent of Africa’s total trade in 2019. We believe that informal trade is even more dollar-based. This begs the question: what drives
Data is the fuel on which the information economy runs; it has allowed businesses like Google, Facebook, Netflix, Amazon and others to grow exponentially by providing their customers with customized content and tailored services. Many companies now use data analytics and its derivatives, machine learning and AI, to understand their
Micro, small and medium-sized enterprises in Egypt Micro, small and medium-sized enterprises (MSMEs) play a fundamental role in the Egyptian economy – they drive more than 80% of GDP growth and 40% of total employment – but they face considerable risks that hinder their ability to thrive. Insurance could bolster
Opportunities await insurers and tech providers who are willing to work together Insurance is a key tool that provides businesses with protection and resilience against risks and that enables them to better bounce back from shocks experienced. However – despite its potential positive impact – micro, small and medium enterprises
Insurers can partner with digital platforms, lenders and insurance aggregators to offer better products that matter for MSMEs. Despite being heavily underfinanced, micro, small and medium enterprises (MSMEs) are critical drivers of economic growth and contribute substantially to employment and innovation. They account for 50% of global employment and 90%
Small and medium enterprises (SMEs) are considered engines of economic growth and development, especially in developing economies, yet they continue to be disproportionately rejected from trade finance. However, there is evidence that this barrier is not impacting all SMEs the same: women owned SMEs are more likely to be rejected
The GIZ Compendium on how to improve insurance for MSMEs in a number of countries. The work compiled in this compendium includes knowledge-building products, training concepts for MSMEs and the insurance industry as well as innovative approaches to design and deliver insurance and risk management services to MSMEs.
