Lack of innovation stifling the Agri-SME sector growth in Africa

In agriculture lies great potential to create jobs for the youthful population in Africa.

Photo credit: File | Nation Media Group

According to the World Economic Forum, Small and Medium-Sized businesses (MSMEs) are vital to Africa’s economy and are responsible for more than 80 percent of the continent’s employment and 50 percent of the Gross Domestic Product (GDP).

Agricultural small and medium enterprises (Agri-SMEs) play an even more important role, as they are crucial in the development of more inclusive and sustainable food systems as they are responsible for the entire value chain.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.