UNDP Powers Inclusive Economies through Trade, Elevates Women and Youth Participation under AfCFTA at the 3rd Annual MSME Forum 2024

From UNDP:

“From September 9th to 13th, 2024, Namibia proudly hosted the 3rd Annual African Union Micro, Small, and Medium Enterprises (AU MSME) Forum in Windhoek, under the theme, “Fostering Financial Empowerment and Educational Innovation for African Startups and MSMEs.” This landmark event brought together over 300 entrepreneurs, policymakers, investors, and thought leaders from 54 African countries and marked a significant step forward in advancing Africa’s MSME sector.

The forum served as a vital platform for addressing key challenges facing MSMEs, including access to finance, market opportunities, and capacity-building. With a focus on fostering sustainable inclusive growth and development, participants explored solutions to the pressing financial and structural barriers that limit the growth of MSMEs.

The 20th Ordinary Session of the African Union Conference of Ministers of Industry (CAMI 20) urged member states to create a supportive environment for MSMEs. In response, the AU MSME Development Strategy & Action Plan was launched, aiming to foster sustainable economies, encourage entrepreneurship, industrial development, and enhance regional trade. The AU MSME Forum, which began in Cairo in 2022 and followed in Addis Ababa in 2023, serves as a key platform for knowledge-sharing and collaboration across Africa.”

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Posted by at 2:24 PM

Labels: Inclusive Growth

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