Editorial: Renewed impetus for SMEs

Small and medium-sized enterprises (SMEs) form the backbone of the economy: constituting 70% of GDP and 92% of all businesses. This notwithstanding, SMEs in Ghana face various constraints (including limited access to credit facilities and international markets).

SMEs have over the years been very significant to the economic development of most developing countries, especially Ghana.? However, despite their growing importance, many SMEs remain underfinanced, limiting their ability to expand, adopt new technologies and compete effectively.

https://thebftonline.com/2025/02/24/editorial-renewed-impetus-for-smes/