Sowing the Seeds

Abstract

The key musical note which the authors wish to strike in order to promote a vibrant, harmonious and productive symphony of creative thought, debate and discussion in this paper is simply that Fast Growing African Countries (FGACs), require a very powerful body to provide the money and the business skills to all and any citizens who have a chance of setting up a new small to medium business. Based on the review of the literature and the analysis of the prevailing conditions in Africa, this paper identifies the factors that impact entrepreneurship in the continent and proposes a set of specific interventions that governments of FGACs may instigate to kindle entrepreneurship in their respective countries and the region as a whole. The proposed intervention is the creation of a Centre for Entrepreneurship and Business Skills. The centre would ensure a more business friendly climate, build entrepreneurial capacity, minimize bureaucratic barriers, and elevate the stature of entrepreneurship in Africa. Implementing the proposal advanced in this paper, could have significant implications for new business creation, employment development and economic growth in Africa.