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In Africa, viable businesses face standard expansion obstacles related to a lack of funding and access to markets. Regulations and government policies that limit small and medium-sized enterprises’s (SMEs) ability to enter the market and successfully compete are some of the challenges that African SMEs must overcome. However, the government continues to play a role in the SMEs ecosystem in Africa. Should the state be involved in promoting business success for African SMEs? If so, to what extent and what are the implications?
Nicholas Woode-Smith writes for the Free Market Foundation, and is a Council Member of the Institute of Race Relations. Woode-Smith is an economic historian, political analyst, and fiction author. He has written hundreds of articles on South African politics, economics and history. Nicholas Woode-Smith is the Managing Editor and a Co-Founder of the Rational Standard. He holds a BSocSci in Philosophy and Economic History from the University of Cape Town.
Lipton Matthews is a researcher, business analyst, and writer. His writing has been published at The Federalist, Merino West, Intellectual Takeout, American Thinker, and the Mises Institute amongst others. His YouTube channel, with over 2k subscribers engages intellectuals and experts to discuss issues around market economy, politics, history and policies in Africa and beyond.