StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Small business in Sub-Saharan Africa - Research Paper Example

Cite this document
Summary
SMALL BUSINESS IN SUB-SAHARAN AFRICA [Author’s Name] [Subject] 05 September 2011 SMALL BUSINESS IN SUB-SAHARAN AFRICA Introduction Small business remains a serious problem in Sub-Saharan Africa. Difficult economic conditions and sociocultural disparities create serious barriers to implementing small business initiatives…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.7% of users find it useful
Small business in Sub-Saharan Africa
Read Text Preview

Extract of sample "Small business in Sub-Saharan Africa"

Download file to see previous pages

Nonetheless, like in other developed and developing countries, small businesses continue to play a vital role in the country’s economic and social development. The benefits of small business development in Ethiopia are numerous and varied. At the very basic level, small businesses provide competition and employment (Anonymous 2009). Innovation is another product of small business evolution (Anonymous 2009). Job creation and the development of a competitive business sector are all due to the development of small businesses (Anonymous 2009).

Therefore, it is essential that Ethiopian authorities invest material and non-material resources to encourage small business development in the country. This paper provides a brief evaluation of the small business climate in Ethiopia. The paper includes recent news and changes in Ethiopia’s small business climate. A discussion of the conditions and factors affecting economic and business development in Ethiopia is provided. The paper also includes a detailed discussion of barriers to creating a sustainable small business atmosphere in the country.

The goal of the paper is to create a clearer picture of the conditions and barriers to small business in Ethiopia. This information will create a basis for developing and implementing a set of recommendations to improve the small business climate in Ethiopia. . Providing Microsoft’s Security Essentials program is merely a part of a broader initiative aimed at supporting small businesses in Sub-Saharan Africa. Insignificant at first glance, the event has far-reaching implications for understanding the current state of small business development in Ethiopia.

On the one hand, it is clear that other countries and companies want to support small businesses in their way to organizational and performance excellence. On the other hand, that Microsoft provides Ethiopian businesses with access to free antivirus software implies that not all businesses in Ethiopia can afford purchasing this software legally. Simultaneously, IBM is one of those which realize the importance of small business for every country’s development. Tadesse (2011) writes that small and midsized businesses are responsible for employing 90 percent of the global workforce.

Small and medium enterprises also account for nearly one half of global GDP (Tadesse 2011). It is no wonder that small business development remains one of the top policy priorities in the developed world. Unfortunately, not all countries are equally successful in meeting their policy objectives. Ethiopia: economic and social conditions and their implications for small businesses Ethiopia falls within the definition of a developing country which, nonetheless, strives to meet the main Millennium Development Goals (Stevenson & St-Onge 2005).

Unfortunately, most, if not all, economic policy initiatives lead to poor results, as the bigger half of the national population leaves below the poverty line (Stevenson & St-Onge 2005). The country is faced with a serious challenge of poverty but persistently fails to reduce it (Stevenson &

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Small business in Sub-Saharan Africa Research Paper”, n.d.)
Retrieved from https://studentshare.org/management/1431179-small-business-in-sub-saharan-africa
(Small Business in Sub-Saharan Africa Research Paper)
https://studentshare.org/management/1431179-small-business-in-sub-saharan-africa.
“Small Business in Sub-Saharan Africa Research Paper”, n.d. https://studentshare.org/management/1431179-small-business-in-sub-saharan-africa.
  • Cited: 0 times

CHECK THESE SAMPLES OF Small business in Sub-Saharan Africa

The History of Maize from the New World to Africa

The research essay “The History of Maize from the New World to africa” seeks to explore a staple crop that originated from the Americas, the maize or corn plant, which has been exported worldwide, widening its geographical distribution.... hellip; The author explains that beginning from the 1500's, Portuguese settlers brought the cereal, along with some other New World crops in order to increase the food supply in africa.... At present efforts are being made in order to increase africa's annual local production and at the same time reduce their importation rates....
14 Pages (3500 words) Essay

HIV and AIDS in Sub-Saharan Africa

This paper "HIV/AIDS in sub-saharan africa" takes a look at how we can ethically justify and challenge the reluctance of the major transnational pharmaceutical corporations in playing an active role in the eradication of AIDS in sub-saharan africa.... A rapid drop in prices, accompanied by a near-abandonment of intellectual property and the widespread availability of inexpensive generic drugs, has revealed that stumbling blocks in progress against HIV/ AIDS in sub-saharan africa are not drug prices or patents....
8 Pages (2000 words) Essay

Urbanization in Saharan Africa

… Most capital metropolises and major industrial centers in sub-saharan africa have inhabitants of no more than two million people; in the negligible cities they reside barely 100,000 to 150,000.... Most capital metropolises and major industrial centers in sub-saharan africa have inhabitants of no more than two million people; in the negligible cities they reside barely 100,000 to 150,000.... Despite that, the greater part of urban inhabitants in sub-saharan africa resides under slum surroundings, devoid of durable accommodation or legal privileges to their property....
5 Pages (1250 words) Essay

HIV/AIDS in Sub-Saharan Africa

The paper "HIV/AIDS in sub-saharan africa" discusses how one can ethically justify and challenge the reluctance of the major transnational pharmaceutical corporations in playing an active role in the eradication of the HIV/AIDS pandemic, as well as to sustain while selling drugs to developing nations of Africa.... The primary reason for this lack of access is due to the high cost of these 'luxuries' in sub-saharan africa (Mader 2004).... A rapid drop in prices, accompanied by a near-abandonment of intellectual property and the widespread availability of inexpensive generic drugs, has revealed that stumbling blocks in progress against HIV/AIDS in sub-saharan africa are not drug prices or patents....
7 Pages (1750 words) Term Paper

Alternative Energy in Africa

This essay talks that africa has a good amount of new and renewable energy resources waiting to be exploited.... his report makes a conclusion that after having understood the infrastructural, geographical, economical and political conditions in africa it gives us a feeling that the government is willing to take steps in attracting foreign direct investments in RETs as it is helpful to them in more than one ways.... Geo thermal energy potential has not been exploited even to a small extent....
8 Pages (2000 words) Essay

Small Businesses in Sub Saharan Africa

These… Firstly it gives an overview of the small businesses sector in Sub Saharan africa.... Finally, it suggests suitable recommendations In South africa, the private sector comprises of 2.... In fact the government of South africa considers the development of small businesses as an important step towards strengthening the economy2.... mall businesses are said to contribute significantly to the employment growth in Sub Saharan africa....
6 Pages (1500 words) Essay

An Empirical Evidence of SMEs in 20 Sub-Saharan Africa Countries

Economic and financial activity in the sub-saharan africa increased during the year 2013… These countries accounted with a high investment growth and strong capital investment plans.... n the sub-saharan africa region, SMEs are the source of economic driving forces.... Rapidity of growth increased in the sub-saharan africa during the year 2014, than the previous years.... sub-saharan africa illustrates significant variation among the growth rate around the countries....
8 Pages (2000 words) Essay

Global Security: Causes of Growing Hunger and Starvation

The "Causes of Growing Hunger and Starvation" paper highlights to major causes of growing hunger and starvation despite sufficient global food production.... The statistics show that the problem of a massive rate of hunger and starvation in the world is not associated with global food production....
13 Pages (3250 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us