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Belay Gezahegn, Director, Ethiopia
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Some developing African countries are facing big challenges.
Governments of these countries initiate and spend much on multiple projects like dams, roads, electricity, etc that have a long gestation period. As a result:
1. inflation rises. In order to fight inflation, they cap or impose quota on financing activities of commercial banks, destroying competitive business environment. What is the cure for inflation actually poisons the business.
2. Secondly, in situations where domestic products are more expensive than imports, entrepreneurship dies because imports drive domestic products out of the market. Such situation mainly takes place in countries where the entrepreneurial skills and conscience of the people are extremely low.
3. Thirdly, even though locally produced or created goods are of the same quality in terms of price and standard, the market demand for local products is low merely because they are domestically produced. This is the effect of peoples' perception of local p (...) Read more? Sign up for free
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tunde adeleye, Director, Nigeria
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Problems with Entrepreneurial Government and Development in Africa: Infrastructural Deficiencies
Apart from the points list above, another challeng (...)
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Zedy Zaidy, Student (University), South Africa
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Lack of African State Roles That Impedes Socioeconomic Development
Most of African governments have failed to create (...)
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alfred hoomlong, Consultant, Nigeria
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Problems with Entrepreneurial Government in Africa
Lack of proper coordination by government regulato (...)
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Zedy Zaidy, Student (University), South Africa
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Is This Politico-, Securo- Entrepreneurial Government? Oh, Africa Wake Up!
There are 3 Roles of a State in terms of productio (...)
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