Spanner in SME works
Tackling the challenges
Key challenges facing Namibia's SME sector include a lack of access to capital markets, lack of capacity, skills and training, a lack of visibility with SMEs not being recognised by the larger investment base, and the under-development of government-led strategies to develop SME ecosystems.
Research conducted in 2005, indicating that approximately 75% of small and medium-sized enterprises in Namibia had to close shop within the initial two years, likely remains applic
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