Entrepreneurs Needed in Africa

Earlier this month I wrote about the traits of entrepreneurial thinkers (see On Becoming an Entrepreneurial Thinker). Small business owners are not the only ones who need to possess these traits. These traits are also needed by leaders in the upper echelons of business and government, including the countries of Africa.

There was an article from Reuters yesterday that talked about a recent meeting of ministers and experts from across the African continent. They were discussing policies and practices to create jobs in the world’s poorest economies. Economic growth driven by commodities exports over the past five years has not resulted in any significant job growth.

According to African Development Bank President Donald Kaberuka, “Economic growth does matter, but economic growth must be broadly shared, and it must create employment. It is self-evident that the private sector will have to be the driver of growth.”

Duncan Mlazie, Botswana’s assistant finance minister, stated, “We have so many declarations on labor issues we know exactly what we want to do: we want to create employment. What we don’t seem to do is address the ‘how’ part of it, and implementation.” That’s where innovative, effective entrepreneurs step in – to develop creative ideas and implement practical systems that generate wealth.

I don’t purport to being an expert on Africa, but from an entrepreneur’s point of view, great opportunities seem to abound there – for those who are problem-solvers. Long-term success would require a group of socially responsible entrepreneurs (see Entrepreneurs Who are Changing the World) who could figure out innovative, yet practical ways to create jobs in the agricultural sector (a big job creator there). The benefits of a successful implementation and duplication of this type of business development system would be far-reaching.

Too many people and companies in the past have gone into many of these African countries and benefited from them without returning a significant investment back into their local economies. If the future is going to be any different, socially responsible entrepreneurs will need to fill the void where entrepreneurial thinking and action is desperately needed.

I am committed to utilizing my entrepreneurial skills and business knowledge to empowering as many people as I can in Africa. I will become a student of that continent and its countries, gaining a deep understanding of their history, culture, economies, and politics. This will allow me to make a legitimate contribution to their long-term economic growth. This will be part of my entrepreneurial legacy. What about you?

Tags: , entrepreneur, innovation, Africa, economic development

Advertisements

About Paul Wilson Jr.
Paul Wilson, Jr. is a "Dream Catalyst" and Marketplace Pastor for leaders and entrepreneurs. He is driven to lead people to unleash God’s potential in their lives through their purpose, passions, and professional skills. He equips leaders with creative, faith-based strategies to flourish spiritually and professionally, while operating from several multi-media platforms, including TV show host, inspirational speaker, and stimulating writer. Paul is the President of Kingdom Business University, which utilizes workshops, consulting, and coaching services to ignite Christian catalysts maximize their God-given mission in the marketplace. He is the author of the life purpose igniter “Dream B.I.G. in 3D: How to Pursue a Bold, Innovative God-Inspired Life!” He is also the host of Passion in Action, a motivational and educational faith-based Internet TV show for social entrepreneurs, business leaders, and community change agents. Contact us today to learn more about how he can help your business, church, or community to thrive on purpose!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: