Now reading: MSMEs, Ecosystems & Economic Opportunity

MSMEs, Ecosystems & Economic Opportunity


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
Support for fintech innovation and research on the platform economy
Digital transformation of MSMEs (including innovations in logistics and digital tools for tourism businesses)
MSME finance – payments, credit, investment and resilience (rethinking insurance to meet MSME needs and better manage the risks they face)
MSME segmentation
Technical assistance to the private sector
Scenarios linked to the future of work and food security

Digital Transformation & Data

Maintaining inclusive innovation under COVID-19

In our previous article, we reflected on the different ways that stakeholders can ensure the Cape Town tech ecosystem produces valuable innovation that is as inclusive as possible. While writing that article, the world changed. With many countries now applying varying degrees of social distancing, and with South Africa having

Notes during workshop
Digital Transformation & Data

Cape Town tech ecosystem: Strengthening inclusive innovation in a divided city

“The idea is that tensions and challenges in the city region also point to opportunities for innovation and that effectively harnessing the city’s diversity could provide Cape Town’s innovation ecosystem with a competitive advantage and distinguishing identity.” Last year, Cape Town made the top 30 global tech cities in the

Cenfri Accra Ghana insurance for growth
MSMEs, Ecosystems & Economic Opportunity

The role of insurance for development

This research explores the role of insurance in sustainable development and inclusive growth. DFID partnered with the World Bank, FSDAfrica and Cenfri to conduct a series of diagnostics in Ghana, Nigeria, Kenya and Rwanda to understand how insurance market development can contribute to sustainable and inclusive growth. The diagnostics explore

DataHack4FI
Digital Transformation & Data

ZPOS: The potential of merchant data in improving credit access

DataHack4FI country winner discovering the prospect of using financial management and accounting systems to generate credit scores Almost half the micro-, small, and medium-sized enterprises (MSMEs) in Zambia – comprising approximately 80% [1] of Zambia’s private-sector businesses – perceive the lack of access to credit as a significant hurdle to their

African man walking and talking on mobile phone
Digital Transformation & Data

Using technology to build loyalty among insurance customers

Mary is the owner of a small business in Blantyre, Malawi, and the main breadwinner for her family. To support her family in the event that something happens to her, she has a funeral policy that she contributes to monthly in cash at the local insurance branch. The process is

Financial Inclusion

Beyond the numbers: Tailoring insurance cover for MSMEs

Micro, small and medium-sized enterprises (MSMEs) are the lifeblood of most economies globally. They are recognised as one of the primary engines for growth and employment, making up at least 90% of businesses and more than 50% of employment worldwide. Policy-makers and donors are increasingly pushing MSME development, and global

ustomer due diligence and know-your-customer for Covid19 recovery
Digital Transformation & Data

Smart business intelligence: MYAccounts case study

Micro, small and medium-sized enterprises (MSMEs) play a key role in economic development, but they face challenges in accessing finance. In Uganda alone (as in most other sub-Saharan African countries), MSMEs account for approximately 90% of private-sector production, over 80% of manufactured output and 18% of GDP contribution (National Small Business Survey of Uganda, 2015; Ministry of Trade,