In South Africa, 80% of new businesses launched have closed within three years.
Across the continent, when small-scale African entrepreneurial success stories look to scale up often they run into crippling problems.
Lack of access to capital for African business is well documented. However, it is often lack of access to expertise which is the killer for African SMEs and start-ups.
The standard of living for most Africans is not matching the continent’s macroeconomic growth. An environment to incubate high-impact African entrepreneurship is required.
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