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How AI and ESD funding can transform SMEs

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Small and Medium Enterprises (SMEs) are undeniably the lifeblood of South Africa's economy. They represent 91% of businesses in the formal sector and employ roughly 60% of the country's workforce. Yet, the entrepreneurial landscape remains notoriously harsh. More than 70% of South African SMEs fail between their first and fifth years.

Corporate ESD funds can fuel growth-generative innovation

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South Africa stands at a pivotal moment. The transformative power of Artificial Intelligence (AI) now intersects with the urgent need for economic revitalisation. While AI holds immense promise, particularly for the Small and Medium Enterprise (SME) sector, realising this potential requires a strategic and united effort.

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