Library:
Paris Champerret
Madrid
London
Paris Montparnasse
Turin
Berlin
- Item type
- Study and report
- Dissertation
- Language
- English
- Publication year
- 2024
- Contributors
- GUPTA, Jyoti
- Subjects
- FINANCES
Startups and small to medium-sized enterprises (SMEs) play a crucial role in driving economic growth across Africa, creating job opportunities, and contributing to the expansion of gross domestic product (GDP). With Africa's rich resources and promising prospects, it has become an attractive destination for investment funds, particularly Private Equity (PE) and Venture Capital (VC), aimed at supporting the growth of startups and SMEs. This is particularly important given the challenges these businesses encounter, such as a lack of strategic guidance and limited access to financing.
The recent progress in Africa has been boosted by improved regulatory frameworks and economic reforms, which have encouraged investment funds to allocate more resources to the continent. This positive trend and the growing capacity of African businesses have been noteworthy as between 2010 and 2015, Africa was home to six of the world’s ten fastest-growing economies. However, it's essential to recognize Africa's diversity, with 54 countries, each presenting its unique set of challenges and opportunities. While all regions show tremendous potential, some of them continue to grapple with poverty and economic stagnation.
In this context, this research paper aims to examine the disparities in economic growth among African countries, focusing on the obstacles refraining progress in certain regions. Using Madagascar as a case study, an abundant country with nearly 30 million people yet impacted by poverty and underdevelopment, the paper will analyze the investment climate and identify barriers to economic growth. The goal is to propose practical solutions applicable not only to Madagascar but also to other African regions facing similar challenges.
By delving into Madagascar's economic landscape and understanding the hurdles it faces, the research seeks to offer insights that can inform policy decisions and investment strategies. Ultimately, the aim is to foster more inclusive and sustainable economic development across Africa by addressing the specific needs of startups and SMEs.
Key Words: Africa, Madagascar, Private Equity, Venture Capital, Startups, SMEs, Financing, Economic and Social Growth, Sustainable Development, Education
