hat some other SDG goals like quality education
is safe to say that some other SDG goals like quality education,
zero hunger, good health, and wellbeing are inter-related to the goal of
alleviatin usatimes.cc g poverty. Poverty is more than the lack of income and resources to
ensure a sustainable livelihood. Its manifestations include hunger and
malnutrition, limited access to education and other basic services, social
discrimin
usanews.cc ation and exclusion as well as the lack of participation in
decision-making.
It is safe to say that
some other SDG goals like quality education, zero hunger, good health, and
wellbeing are inter-related to the goal of alleviating poverty. Poverty is more
than the lack of income and resources to ensure a sustainable livelihood. Its
manife
news
stations include hunger and malnutrition, limited access to education and
other basic services, social discrimination and exclusion as well as the lack
of participation in decision-making.
Inaccessibility to money
remains the basis of poverty. Therefore, we need to commit to creating wealth
for our society. Wealth creation is the accumulation of assets especially those
that generate income over a long period of time.
How then can Africans
create wealth?
There are a couple of ways Africans can create wealth which includes savings
and investments. SMEs, however, play a fundamental role in creating wealth and
helping the economic growth of a nation. In Asia, North America and Europe,
SMEs are associated with the impressive economic growth in their countries and
they still hold an influential place in the economy in all countries.
In Africa, SMEs dominate
business, making up 90 percent of firms in rural and urban areas and providing
a major employment avenue. SMEs promote entrepreneurial and business skills
among communities and are important drivers for achieving key national goals
such as poverty alleviation and economic growth.
These statistics imply
that SMEs are the future of Africa and we can do well by ourselves by venturing
into them, therefore creating multiple streams of income. The idea that you
need to earn a large salary to accumulate wealth, is a popularly held
misconception.
Well aware of the problems faced by SMEs such as credit facilities
to start up the business, Fundall is committed to
helping SMEs grow and build wealth for Africans in the fight against poverty.
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