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18.0 Conclusion: Entrepreneurs and entrepreneurship in Africa

Guest post by: Journal of Development Entrepreneurship

Article Overview: Ultimately, the future of entrepreneurship in Africa must be in the hands of the Africans themselves.

18.0 Conclusion: Entrepreneurs and entrepreneurship in Africa

(Journal of Developmental Entrepreneurship, Oct 2002 by Kiggundu, Moses N)

Ultimately, the future of entrepreneurship in Africa must be in the hands of the Africans themselves. Perhaps one should look no further than the New African Initiative, and the various country's Poverty Reduction Strategy Papers, and Poverty Strategy Action Plans for evidence of scaling up and mainstreaming entrepreneurship. Indeed, the reader is invited to look at these documents and make their own conclusions. The New African Initiative combines both the Millennium Partnership for the African Recovery Program and the Omega plan (Government of South Africa, 2001). It includes the traditional treatment of entrepreneurship in terms of the need to develop MSEs and SMEs (including the informal sector), strengthen micro enterprises, provide appropriate technical support, and improve access to capital, especially for women entrepreneurs. Yet, there is little evidence of concrete proposals for scaling up or mainstreaming African entrepreneurship from the planners of the New African Initiative.

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Article Tags: Africa, African Recovery Program, entrepreneurship, Journal of Developmental Entrepreneurship, Kiggundu Moses N, mainstreaming entrepreneurship, New African Initiative, Poverty Reduction Strategy Papers, Poverty Strategy Action



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