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Author: Constant Beugré
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Despite several economic difficulties that have been depicted in the popular press and in policy making circles, sub-Saharan Africa presents today undeniable business opportunities that have not been fully exploited. Several countries, such as Angola, Ghana, Kenya, and South Africa have seen their economies grow at faster rates than developed economies in the last decade. According to Chironga, Leke, Lund, and Van Wamelen (2011) and the McKinsey Global Institute (2010), Africans spent $860 billion on goods and services in 2008, more than the $835 billion that Indians spent, and more than the $821 billion of consumer expenditures in Russia. If the sub-Saharan Africa maintains its growth trajectory, consumers will spend $1.4 trillion worth of goods and services in 2020, which will be a little less than India's projected $1.7 trillion but more than Russia's $960 billion. As these economies progress, opportunities are opening in sectors, such as retailing, telecommunications, banking, infrastructure-related industries, resource-related businesses, healthcare, education, and the agricultural value chain (Chironga et al., 2011). To sustain this growth potential, Africa needs to develop strategies that foster homegrown entrepreneurs.
Author: Constant Beugré
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Despite several economic difficulties that have been depicted in the popular press and in policy making circles, sub-Saharan Africa presents today undeniable business opportunities that have not been fully exploited. Several countries, such as Angola, Ghana, Kenya, and South Africa have seen their economies grow at faster rates than developed economies in the last decade. According to Chironga, Leke, Lund, and Van Wamelen (2011) and the McKinsey Global Institute (2010), Africans spent $860 billion on goods and services in 2008, more than the $835 billion that Indians spent, and more than the $821 billion of consumer expenditures in Russia. If the sub-Saharan Africa maintains its growth trajectory, consumers will spend $1.4 trillion worth of goods and services in 2020, which will be a little less than India's projected $1.7 trillion but more than Russia's $960 billion. As these economies progress, opportunities are opening in sectors, such as retailing, telecommunications, banking, infrastructure-related industries, resource-related businesses, healthcare, education, and the agricultural value chain (Chironga et al., 2011). To sustain this growth potential, Africa needs to develop strategies that foster homegrown entrepreneurs.
Author: Constant D. Beugré
Publisher: Springer
ISBN: 1137568941
Category : Business & Economics
Languages : en
Pages : 114
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Book Description
Africa suffers from two main diseases: poor management and a lack of vibrant entrepreneurial activity. The continent has the raw materials, the people, and the potential to be developed, and yet there remain barriers that prevent it from bettering itself. To promote entrepreneurship as an engine of economic development and growth, the author has developed a Quintuple Helix Model which advocates mutual cooperation and information sharing among the five helices and provides valuable guidelines to policymakers on how to build entrepreneurship ecosystems in sub-Saharan Africa. It goes on to examine the roles that government, donors, and public and private sectors play and how Africans themselves might take the development of entrepreneurial societies into their own hands. The book includes seven chapters that emphasize the key role that each of the five components could play in the development of entrepreneurial ecosystems. Entrepreneurship scholars, policy makers, and national and local governments of sub-Saharan Africa will value this insight as they strive to create a more favorable landscape for their citizenry.
Author: Marina Dabić
Publisher: Springer Nature
ISBN: 3030989666
Category : Business & Economics
Languages : en
Pages : 295
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Book Description
According to a 2018 World Bank report, Africa is the only region with more women than men choosing to become entrepreneurs – a phenomenon that is not the subject of adequate discussion. This book reveals the latest research-based understanding of the entrepreneurial activities of women in sub-Saharan Africa. Specially invited subject experts present salient dimensions of entrepreneurship by African women, from environmental factors to motivations and influencers as well as financial and non-financial constraints, and highlight the significant role of cultural differences. This book provides a mixture of theoretical, conceptual, and empirical research, and fills the knowledge gap by presenting a wide range of opportunities and challenges faced by sub-Saharan African women entrepreneurs. This book will help policy makers and academic researchers in understanding the role of institutions and entrepreneurship policy in building a thriving entrepreneurial ecosystem in the region.
Author: Ben Spigel
Publisher: Edward Elgar Publishing
ISBN: 1788975936
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
This is a guide to understanding entrepreneurial ecosystems: what they are, why they matter, and to whom they matter. Ben Spigel explores this popular new theory of economic development, locating the intellectual roots of ecosystems, explaining the practices and processes that allow ecosystems to support the creation and growth of innovative entrepreneurial firms.
Author: Nasiru D. Taura
Publisher: Springer
ISBN: 3030049248
Category : Business & Economics
Languages : en
Pages : 252
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Book Description
This pioneering collection seeks to understand why and how some digital enterprises in Africa progress while others firms either stagnate or regress. Using a range of detailed case studies, it addresses the challenges and barriers that are in place and how some outstanding digital firms deal with operating in a hostile business environment. While digital platforms have created equal access for small businesses, many digital entrepreneurs in Africa continue to struggle with local environments replete with corruption, and other economic inefficiencies. The contributions move the debate forward by addressing the challenges, opportunities, and prospects of digital enterprise in Africa. Placing special emphasis on how African new entrant digital firms are shaping the landscape and forging a new beginning for Africa, this book offers entrepreneurial perspectives to both researchers and policy-makers seeking to support and stimulate entrepreneurship in the new era.
Author: McLean Sibanda
Publisher:
ISBN: 9781776260881
Category : Economic development
Languages : en
Pages : 358
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Book Description
The future of Africa is bright. Innovation, and not aid, is the answer. McLean Sibanda believes that Africa must be deliberate about its economic development and that change requires champions, and importantly, fertile enabling environments. In Nuts & Bolts you will gain unique perspectives on challenges faced by leaders overseeing a turnaround in any organisation, and the thought processes behind innovation initiatives that yielded value. McLean provides practical insights on innovation and entrepreneurship for Africa's development through a narrative of his seven years of repositioning Sub-Saharan Africa's first internationally recognised Science and Technology Park, The Innovation Hub. Included, too, are reflections from entrepreneurs who have all gone on to build successful businesses which will be useful for anyone working on a start-up or innovation, particularly institutions set up to create new products or services. The musings of various successful entrepreneurs and ecosystem builders provide relevant context, inspiration and examples as to how best make use of support programmes provided by incubators and organisations similar to The Innovation Hub. Nuts & Bolts is a book about hope, it is full of stories about real people and companies who are making a difference, with testimonies of entrepreneurs, experienced ecosystem builders and innovators. It captures deep insights from the considerable time McLean has spent with entrepreneurs and innovators, on the importance of inclusive innovation and entrepreneurship, and provides a mix of global experiences and entrepreneurship narratives that eloquently sketch out the 'nuts and bolts' for entrepreneurship and innovation. 'I hope this book will be of value to those wanting to make a difference, or be the difference, in solving many challenges faced by our world today, and in developing new products and services to create new market opportunities for a better world.' - McLean Sibanda.
Author: Oluwaseun Kolade
Publisher: Springer Nature
ISBN: 303075894X
Category : Business & Economics
Languages : en
Pages : 634
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Book Description
This comprehensive handbook offers a state-of-the-art guide to new frontiers of African entrepreneurship. Written from a Pan-African perspective by a cast of international authors, the book addresses the rapid modernisation and evolution of African entrepreneurship and business practices. It maps new developments in entrepreneurial ecosystems, technology and digital entrepreneurship, entrepreneurship in conflict zones, and gender and diversity issues. It proposes new models for entrepreneurial financing and explores the contrast between entrepreneurship in high-technology urban centers with peripheral rural districts and conflict zones. Bringing together empirical insights and case studies from countries across Africa, the Handbook illuminates regional and contextual differences and shares theoretical and practical insights which inform policy and practice. It is an ideal guide for researchers and students working on international business, entrepreneurship and emerging economies. It will also inform policymakers in developing context-informed entrepreneurial policies and initiatives in Africa.
Author: Leo-Paul Dana
Publisher: Springer
ISBN: 3319737007
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
This book outlines the unique challenges and opportunities of doing business in Africa, analysing how varying degrees of development across its countries affects entrepreneurship. Taking into account historical and cultural contexts, the authors approach the topic by evaluating the different possibilities of business opportunity in Africa. Insightful contributions explore an extensive range of African countries, discussing both formal and informal entrepreneurship, as well as the different factors that influence the growing economy of Africa. African Entrepreneurship will be of interest to anyone researching the potential of doing business in Africa, as well as entrepreneurs and policy-makers looking to expand their knowledge on how businesses are managed in this region.
Author: Deseye Umurhohwo
Publisher: Routledge
ISBN: 1000327264
Category : Business & Economics
Languages : en
Pages : 114
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Book Description
This book emphasizes the need for promoting innovation on the African continent. It identifies the roadblocks for entrepreneurs and discusses ways for developing an ecosystem for innovators to pave a way through the barriers and create ground-breaking products and new technologies which meet consumers’ needs in Africa. In order to stimulate innovation in African countries, there is the need for a more appropriate approach for innovation to occur in a context of international openness to knowledge. This book adopts a practical approach, demonstrating how innovation is an important driver of economic growth and competitiveness. It shows that innovation in Africa should be driven by local people, in response to local problems, and that open technology and knowledge sharing are vital to this project. It further explores key enablers such as the discovery of innovative talent, overcoming barriers, building strategic partnerships and promoting innovation across the continent. The book places emphasis on the creation of an innovation ecosystem as a value-creating tool by stakeholders for nation building and growth in Africa. This book will be of interest to researchers, students, international agencies, governments, businesses and individuals interested in the field of innovation and its potentials. It will also be relevant to investors, manufacturers and other stakeholders involved in the economic development of Africa.
Author: John O. Ogbor
Publisher: AuthorHouse
ISBN: 1438933924
Category : Entrepreneurship
Languages : en
Pages : 714
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Book Description
The importance of entrepreneurship as an engine for innovation, economic growth, job creation and wealth especially in the context of Sub-Saharan Africa cannot be overemphasized. Entrepreneurship in Sub-Saharan Africa examines the socio-cultural, global, economic, financial, political, infrastructure and organizational contexts of entrepreneurship in Sub-Saharan Africa. Second, the book presents a strategic management approach for the management of entrepreneurial and small business ventures in the region. Written with a focus on theory and practice, the book is suitable for undergraduate and graduate courses in business and management studies and as a reference tool for practicing and prospective entrepreneurs, small business owners and economic change agents. Keywords: Entrepreneurship, Small Business Management, Sub-Saharan Africa, Strategic Management, Marketing, Globalization, Business Plan, Socio-cultural, financial, political, institutional, infrastructure and organizational contexts. Number of pages: 684
