Promoting SME Competitiveness in Benin - COVID-19: An Inclusive Path Towards Resilience

Boosting the competitiveness of small and medium-sized enterprises is crucial to transform Benin into a resilient and sustainable economy.

Limited access to finance, low rates of quality certification and shortfalls in infrastructure prevent small firms from thriving in Benin, according to ITC’s SME Competitiveness Survey. While COVID‑19 put one in five respondents at risk of closure, companies that take steps to reduce their environmental impact are better positioned to handle the pandemic’s economic effects, making the case for a sustainable response to the crisis.