Telcomns Battle; World MSME DAY; Africa’s Positioning, Milestones and Celebrations.
The General Assembly declared 27 June Micro-, Small and Medium-sized Enterprises Day, to raise public awareness of their contribution to sustainable development and the global economy.In line with the UN’s directives, African countries celebrate Msmes day in their unique grand style. While tons of businesses have been shut down globally, some running below capacity while many hardly have their feet in the water as a result of the global pandemic, the year 2020 was a choky one for lots of businesses.The world will never forget. Undeniably, the pandemic gave rise to new ideas and innovations, however, the damages are incomparable.
The last quarter of 2020 and the early quater of 2021 gave rise to lots of startups in Africa. More than ever, startups attracted investors locally and internationally. Fintech remains the most funded sector in Africa. Nearly half (48%) of the funding went to fintech start-ups. South Africa and Nigeria attracted more than half of all the funding raised (28% & 27% respectively, $300m+ each. The 2021 celebration was themed MSME; key to an inclusive and sustainable recovery.” It witnessed series of events by countries across in exploring how Msmes can be equipped and provided with optimum supports needed to run sustainably from a covid-19 disrupted world.
Nigeria celebrates with a National MSMEs week and Awards by organizing a full week of MSME-related activities in line with the United Nations General Assembly’s declaration of 27th June 2021 as World MSME Day as part of its quota in strengthening and supporting MSMEs in Nigeria including a national discourse, a fashion/art exhibition and MSME awards with the attendance of the vice-president of Nigeria, industry giants and notable dignitaries. The Director General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Dr Dikko Umaru Radda Director General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Dr Dikko Umaru Radda announced Nigeria has about 41.5 million MSMEs, which are the drivers of a sustainable economic recovery across the country and that all efforts must be geared towards supporting them
Ghana celebrated its Msme day with activities to show support for its businesses and as well celebrate the resilence of Ghanian businesses In the previous years. A number of NGO’s , private businesses also took turns in celebrating this year’s Msme day by organizing events in that line.
Kenya and other African countries marked world’s small enterprises day amid gloom cast by the pandemic and had activities geared in that regard .
A live panel discussion with entrepreneurs from Argentina, Ghana, Indonesia, Kenya and Senegal also shared insights on how they contribute to an inclusive and sustainable recovery worldwide.
Afruca is notable for its diverse cultural heritage. Celebrations across were largely influenced by the cultural factor. More importantly, the African enduring spirit goes on to war the aftermaths of covid. The effects have not been fully mitigated, but evident progress are being made. With supports and collective collaborations, Africa will indeed sustainably recover.