Problems with Entrepreneurial Government in Africa


 
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Problems with Entrepreneurial Government in Africa
Belay Gezahegn, Director, Ethiopia, Member
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 eff...Sign up
 

 
Problems with Entrepreneurial Government and Development in Africa: Infrastructural Deficiencies
tunde adeleye, Director, Nigeria, Member
Apart from the points list above, another challenge facing entrepreneurial development is in
4. various infrastructural deficiencies. Situ...Sign up
 

 
Lack of African State Roles That Impedes Socioeconomic Development
Zedy Zaidy, Student (University), South Africa, Member
Most of African governments have failed to create business conducive environment which nurtures entrepreneurship and germinates the spirit of innovati...Sign up
 

 
Problems with Entrepreneurial Government in Africa
alfred hoomlong, Consultant, Nigeria, Member
Lack of proper coordination by government regulatory agencies often leads to multiple taxation, fees and undefined levies. These have severe co...Sign up
 

 
Is This Politico-, Securo- Entrepreneurial Government? Oh, Africa Wake Up!
Zedy Zaidy, Student (University), South Africa, Member
There are 3 Roles of a State in terms of production:
1. State as an entrepreneur
2. State as a legislator
3. State as a supplier...Sign up
 

 
 


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