Africa: Millions from Trust Africa for research on small enterprises

Over the next three years, TrustAfrica will provide US$2.7 million for pioneering research on ways to stimulate the development of small and medium - sized enterprises and ensure that prosperity is broadly shared. 'Africa has achieved remarkable economic growth over the last two decades, outpacing most other regions in the world,' said Dr. Akwasi Aidoo, TrustAfrica’s executive director. 'But the benefits of greater investment and higher returns have not been reaching large segments of the population.'