The plea was contained in a new research by Mastercard, which highlighted the important role of SMEs across the Middle East and Africa to recover, position for growth, and contribute to economic prosperity.
In addition to looking for effective regulatory support from governments, 92 per cent of SMEs in MEA, said they are also looking for support in upskilling of their teams, and 88 per cent highlighted the importance of improved telco infrastructure – pointing to opportunities to effect positive change in wide-ranging areas from education and skills development to systems and infrastructural progress.
According to the research, SMEs in the region recognised the great potential of PPP, and 63 per cent think private sector initiatives and partnerships will benefit businesses and the markets in which they operate.
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