France is to invest some two billion euros into African start-ups over the next three years in a bid to unlock the continent's untapped potential. A new initiative called Choose Africa aims to empower the private sector to drive economic growth, increasingly driven by entrepreneurship. The problem is that entrepreneurs lack funding and resources.
"Africa is the continent of entrepreneurs," organisers of the Choose Africa initiative hammered home last Tuesday to a room packed with MPs, potential investors and many of the continent's innovative young players. "The problem is money."
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