Fostering entrepreneurship as a mechanism for economic growth, jobs creation and promoting development across Africa is critical. However growth can not be achieved through entrepreneurship alone, need to be coupled with other factors such as capital, business development services, pro business regulatory regimes, good governance etc.

1. FOSTERING ECONOMIC
GROWTH PROSPERITY &
ENTREPRENEURSHIP
DEVELOPMENT IN AFRICA
Africa Economic & Entrepreneurship Development
Conference
10 March 2012, SOAS, London
Eugene Nizeyimana
Sub-Saharan Consulting Group (SSCG)
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com

2. Issues
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
• Evaluate Africa progress: 10 yrs. ago and today
• How can we foster sustainable and inclusive growth
• African market characteristics and opportunities
• Key drivers for growth
• Driving growth through entrepreneurship
• Fostering entrepreneurship development in Africa

3. Understanding Africa: 10 yrs. ago and
Today
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
10 Yrs.
Ago
Poverty
Risks
Terrorism
Diseases
War and civil conflict
Corruption
Hunger
Unemployment
Skill shortage
Inadequate infrastructure
Today
Investment
Innovation
Opportunities
Trade
Resources
Talent
Entrepreneurship
Growth
JVs, M&A, Collaboration

4. Fostering Sustainable and Inclusive
Growth
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com

5. Africa Economy at a Glance: Market
Characteristics and Opportunities
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
• A continent of both vast opportunities and significant risks
• Business opportunities - Infrastructure, Technologies, Media and Telecoms
(TMT), Agri- businesses, creative economy, financial sector, Service sector
• High international commodity prices – Returns on investment
• Shift in global economy - Growing appetite for African investment
• Progressive discovery of resources – Energy, Oil and Gas resources
• Underserved market – Emerging consumers/middle class
• Sustainable economic growth – 6% average GDP growth
• Disruptive technologies and innovation – Mobile banking and money
• Labour market - Increase in talent and skills
• Increase inward investment flow – FDIs and Diaspora remittances
• Market /industry competitiveness
• Spending capabilities – Increase in income

6. Fostering Sustainable and
Inclusive Growth
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
• Sustainable development can only be achieved through enhanced economic growth
• Boosting of all forms of entrepreneurship across all sectors of society
• Strengthen human capital and labour force
• Enhanced education and training on entrepreneurship
• Harnessing innovation and technologies
• Fostering market competition
• Strengthening industry value chains and linkages
• Creation and development of entrepreneurship within social ventures, organisations and
public services.
• Access to finance and capital is essential to foster growth, but it must be accompanied by the
relevant support and mentoring services
• Improved regulatory framework and governance are required
• Creating conducive environment for business and investment is critical – Infrastructure,
security, tax regimes, transport networks

7. Stimulating Africa’s Economic Growth and
Prosperity: Key drivers for growth
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
• Security
• Conducive business climate and market
• Good governance: leadership, corruption and
accountability
• Financial sector deepening: access to capital
• Skills and talent
• Infrastructure
• Innovation, IT and technologies
• Market competition
• Intra regional trade
• Economic and industry diversification
• Regulatory and compliance
• Inclusive businesses

8. Driving Growth through
Entrepreneurship
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com

9. ________________________________________________________________________________________________________________________
@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
Fostering entrepreneurship
as a mechanism for
economic growth, jobs
creation and promoting
development across Africa
is critical

10. ________________________________________________________________________________________________________________________
@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com

11. Fostering Entrepreneurship Development in
Africa
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
Corporate and managerial entrepreneurship
Culture & Spirit
Women and youth
Education
Creativity and innovation
Social entrepreneurship
Competition
Network
Business Development Services (BDD) and mentoring
Technology, insights and data

12. Key take away
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
• Develop a conducive business climate and market to attract
investment and foster market growth: security, infrastructure and
transport networks
• Harness good governance: thought leadership and accountability
• Foster financial sector deepening, access to finance and financial
innovation products and services.
• Empower entrepreneurs: Mentoring, skills, talent, data and start-up
capital
• Driving value: investors, consumers and employees
• Foster innovation driven businesses: IT and technologies
• Intra regional trade: linkages and competitiveness
• Economic and industry diversification
• Inclusive and social responsible businesses
• Deliver market beating and innovative business solutions

13. Contact Us
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For further information or to discuss your
organisation tailored needs, contact our
advisory team at:
E: Info@s-scg.com
W: www.s-scg.com
@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be
determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
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