ReferIndia News COVID-19 exposed deep resource gaps in Africa’s entrepreneurial ecosystem

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COVID-19 exposed deep resource gaps in Africa’s entrepreneurial ecosystem

Published on: Aug. 7, 2025, 10:18 p.m. | Source: Devdiscourse

The pandemic disrupted the functional contributions of key ecosystem players, including financial institutions, government agencies, and support organizations. Many incubators and small business development agencies suspended operations, leaving entrepreneurs without critical support services. These challenges were compounded by bureaucratic hurdles, red tape, and corruption, which further limited the ability of SMEs to adapt and recover.

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