87% of Africa’s small businesses fear they may not survive the Covid-19 crisis
Most entrepreneurs who took part in AMI’s Covid-19 business survival boot camps, with Business Day, say a single, small loan could mean survival
15 May 2020 - 15:09
A staggering 87% of small businesses in Africa fear they may not survive the Covid-19 crisis, a recent survey of entrepreneurs by training consultancy the African Management Institute (AMI) shows.
The global Covid-19 pandemic has halted economic activities in many parts of the world, with governments imposing lockdowns to curb infections. Already, millions of jobs have been lost worldwide with the tourism, travel and hospitality sectors, one of the key drivers of the continent’s economy, hardest hit...
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