Between 2022 and 2023, a survey found that the leading issue faced by micro, small, and medium enterprises (MSMEs) in Africa was the inflation rate, with 31 percent of firms citing this as the biggest factor affecting them. The second most impactful issue was the lasting effect of the COVID-19 pandemic, mentioned by 19 percent of respondents. However, the situation differed in Ethiopia, where business owners identified political uncertainty resulting from the ongoing war in northern Ethiopia as the primary factor affecting their operations.
Leading issues affecting micro, small, and medium enterprises (MSMEs) in selected African countries as of 2023
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GeoPoll. (February 21, 2023). Leading issues affecting micro, small, and medium enterprises (MSMEs) in selected African countries as of 2023 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1373480/leading-issues-affecting-msmes-in-african-countries/
GeoPoll. "Leading issues affecting micro, small, and medium enterprises (MSMEs) in selected African countries as of 2023." Chart. February 21, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1373480/leading-issues-affecting-msmes-in-african-countries/
GeoPoll. (2023). Leading issues affecting micro, small, and medium enterprises (MSMEs) in selected African countries as of 2023. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1373480/leading-issues-affecting-msmes-in-african-countries/
GeoPoll. "Leading Issues Affecting Micro, Small, and Medium Enterprises (Msmes) in Selected African Countries as of 2023." Statista, Statista Inc., 21 Feb 2023, https://www.statista.com/statistics/1373480/leading-issues-affecting-msmes-in-african-countries/
GeoPoll, Leading issues affecting micro, small, and medium enterprises (MSMEs) in selected African countries as of 2023 Statista, https://www.statista.com/statistics/1373480/leading-issues-affecting-msmes-in-african-countries/ (last visited November 05, 2024)
Leading issues affecting micro, small, and medium enterprises (MSMEs) in selected African countries as of 2023 [Graph], GeoPoll, February 21, 2023. [Online]. Available: https://www.statista.com/statistics/1373480/leading-issues-affecting-msmes-in-african-countries/
