African Manufacturing SMEs Economic and Networking Abilities

Authors

  • Lawrence Mpele Lekhanya Department of Public Management and Economics, Faculty of Management Sciences, Durban University of Technology, South Africa.
  • Nirmala Dorasamy Department of Public Management and Economics, Faculty of Management Sciences, Durban University of Technology, South Africa.

DOI:

https://doi.org/10.9734/bpi/ctbef/v7/5022C

Keywords:

Networking abilities, SMEs economic, manufacturing SMEs, African SMEs

Abstract

Networking is very important strategic tool for SMEs survival and growth everywhere in the world. African manufacturing SMEs require proper networking strategy to enhance their economic contribution and employment creation. This chapter intends to outline various challenges facing African manufacturing SMEs economic performance and networking abilities. Various factors such lack of incubation and innovation, technology infrastructure, lack of political will and support, institutional policy support identified to be most critical for the survival of these industries. African governments should put financial resource as a priority and assist them with global markets access.  

Published

2023-06-22

How to Cite

Lawrence Mpele Lekhanya, & Nirmala Dorasamy. (2023). African Manufacturing SMEs Economic and Networking Abilities. Current Topics on Business, Economics and Finance Vol. 7, 38–55. https://doi.org/10.9734/bpi/ctbef/v7/5022C

Issue

Current Topics on Business, Economics and Finance Vol. 7

Section

Chapters