The Tony Elumelu Foundation says finance, infrastructure and inadequate resource centres are the major impediments affecting entrepreneurial development in Africa. The Africapitalism Institute of the foundation in a report of its survey on the business climate of the continent revealed disclosed this on Monday in Lagos.
The report was presented at the sixth Global Entrepreneurship Summit in Kenya where President Barrack Obama gave the keynote address. The 86-page report, titled "Unleashing Africa's Entrepreneurs" seeks to understand the distinctive constraints encountered by Africa's entrepreneurs and proffering solutions to public sector leaders for action.
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