Mirco, Small and Medium Enterprises (MSMEs) have been recognised by multilateral organisations, development agencies and Governments across the World as a key enabler of economic growth and development. In many advanced nations, MSMEs represent a core pillar of the economy and play the most significant role in driving sectoral competitiveness, business innovation and wealth creation.
In Kenya, MSMEs already constitute a very important segment of the economy and employ millions of people. However, the resilience of these businesses in Kenya (or the lack thereof) is a great cause of concern and serves as a major hurdle in leveraging the MSME pillar as a key driver of growth.
This component of the Kenya Business Guide seeks to contribute to, enrich and facilitate the growing conversations around MSME Development by providing access to evidence-based information on policy options available to public sector actors in their efforts to improve the macro-environment within which these businesses operate.