Fintech Solutions for West African SMEs: Post-Crisis Challenges

Mohamed Boubacar Emine Dahi, — Thu, 04 Apr 2024 00:00:00 +0000

Catalysts of economic growth worldwide, small and medium enterprises (SMEs) play a pivotal role in fostering job creation, social advancement, and innovation. In Africa, they account for 95% of job providers (World Trade Organization, 2022). Yet, SMEs often face significant hurdles, with limited access to finance being chief among them, especially in the aftermath of financial crises. Traditional banks, hampered by regulatory changes, have scaled back lending to SMEs, paving the way for Financial Technology (Fintech) firms to offer innovative financing solutions. Utilizing cutting-edge technology and varied business models, Fintech platforms provide SMEs with alternative financing options, including debt and equity financing. This disruption in the financial landscape holds promise for SMEs, liberating them from reliance on traditional banking channels and providing crucial capital for growth and expansion. SMEs can significantly contribute to achieving Sustainable Development Goals (SDGs), such as creating employment, reducing income inequality, and alleviating poverty (OECD, 2017).

The post-crisis era has not only hindered traditional financing avenues but also birthed new alternatives. These non-bank financing options empower SMEs by presenting fresh funding opportunities. While Fintech companies are thriving in developed nations, many developing countries are lagging. Despite the numerous benefits Fintech financing offers to SMEs, certain countries are slow to adopt them, hindering progress

The Evolution of Contemporary Art: A Journey Through Cultural Shifts

Dr. Ujjwala Kakarla — Thu, 18 Apr 2024 00:00:00 +0000

Contemporary art is a dynamic reflection of societal values, technological advancements, and cultural shifts. This article explores the evolution of contemporary art, tracing its trajectory from the mid-20th century to the present day. Drawing on insights from prominent art critics, it examines key movements, artists, and themes that have shaped the landscape of contemporary art. Through a multidisciplinary approach, this article sheds light on how art continues to mirror and challenge the world we inhabit. Contemporary art is a testament to the ever-changing nature of human expression. From abstract expressionism to digital art, it encompasses a vast array of styles, mediums, and concepts that reflect the complexities of modern life. As society evolves, so too does the art which serves as a mirror to our collective consciousness. Contemporary art is a multifaceted field that reflects and responds to the ever-changing socio-cultural landscape. This survey explores the influences, movements, challenges and paradigm shifts that have shaped contemporary art over time.

International Journal of Social Sciences and Humanities Invention

Fintech Solutions for West African SMEs: Post-Crisis Challenges

The Evolution of Contemporary Art: A Journey Through Cultural Shifts