The COVID-19 pandemic, along with ensuing economic crises, highlighted the extent to which exclusion from the digital economy impacted small retailers in Africa. As ongoing lockdowns and restrictions impeded access to both suppliers and customers, disrupted supply chains, and limited available funding channels, the need to adopt digitally-enabled solutions became paramount for the survival of African micro, small, and medium enterprises (MSMEs).
On July 21, Accion hosted a discussion on recent findings on opportunities for enhancing and scaling digitally enabled supply chain finance solutions to accelerate the growth of small-scale retailers in Ghana, Ethiopia, and Nigeria. Key ecosystem players discussed the challenges, gaps, and opportunities for building or replicating successful supply chain finance models, drawing on their own practical experiences in their markets.
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Head, Digital Solutions, Group Commercial Banking, Ecobank
Co-founder and CEO, Boost Ghana
Senior Executive Director, East African Holdings, S.C.
Vice President of Middle East and Africa Program Management, Accion Global Advisory Solutions