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What Can Be Done in North America to Help Better Support African Entrepreneurship?

Article Overview: The most important support from North America could be training. Due to the difficulties in Africa, it is often found that people are necessity entrepreneurs.

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What Can Be Done in North America to Help Better Support African Entrepreneurship?

The most important support from North America could be training. Due to the difficulties in
Africa, it is often found that people are necessity entrepreneurs. Unfortunately these
entrepreneurs don't have the knowledge to create a niche, and the first person selling a
product will immediately be copied by a lot of other entrepreneurs. This results in
overwhelmed clients, which just pick a product from a pool of similar products. Giving the
entrepreneur no control of his business. It becomes a luck shot selling products. If these
entrepreneurs can be trained in the skills of creating a niche, and keeping it, it would not
only improve the control he has on his business, but also the quality of products and
services.

Financing, in the sense of venture capital could make a big difference. Incubation centers
where entrepreneurs with proper business-plans may be allowed and assisted in
becoming global players. It is extremely difficult do gain international scope for any
business in Africa.

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Article Tags: Africa, business in Africa, difficulties, entrepreneur, entrepreneurs, entrepreneurs, entrepreneurs, entrepreneurs, entrepreneurs, niche, niche, North America, product, product, products, proper business, training, venture capital

About the Author: Henk Boshoff
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Henk started his career with a diploma in electrical engineering. He then worked as an electronic lab and production line technician gaining valuable experience on manufacturing and testing processes. During this time he obtained his BTech degree in Engineering at the Tswane University of Technology. Soon afterwards he obtained a Bsc(Honours) degree from the University of Pretoria. This allowed him to move into an engineering position where he spent 6 years on electronic hardware and software designs focusing mainly in data communications and data communication protocols. During this period he obtained his MSc from the University of Pretoria. His mini thesis provided a new method of investigating organisational learning capability and the management style requirements to achieve it. With the help of a case analysis it showed that the organizational structure and culture generates a feedback cycle, which can be used as a baseline for future organizational learning. The MSc allowed him the opportunity to move onto engineering management projects. Henk then ventured on his own by starting the company S-Curve technologies, doing strategic technology development and consulting.

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