South Africa to Support Entrepreneurs With US $77 Million+ This Year
According to the OECD, in South Africa, MSMEs are underfunded despite facing several challenges. To improve the sector and foster its growth, the government plans to implement new measures.
The South African government will provide more than US$77 million in funding to entrepreneurs in 2023, President Cyril Ramaphosa (photo) announced in his State of the Nation address released Thursday, February 9.
Photo courtesy of World Bank Photo Collection.
Source: Ecofin Agency (link opens in a new window)
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