Global Ecosystem Index for Small Businesses

Namibia advances eight places on small businesses index

Tujoromajo Kasuto Namibia’s start-up companies, although in their infancy, show promise for the future, as the country continues its growth trajectory, improving its position by eight places to rank 91 overall after joining the Global Ecosystem Index for Small Businesses in 2021. It is ranked second in Southern Africa and eleventh in Africa, up two positions from 2021. A start-up company is a newly formed business with particular momentum behind it, based on perceived demand for its product or service. The intention of a start-up is to grow rapidly as a result of offering something that addresses a particular market…
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