Africa’s entrepreneurship journey towards prosperity

In 2013, Kingsley Moghalu, the then deputy governor of the Central Bank of Nigeria, spoke to a room full of people in Washington DC about Africa. 

During his speech, he mentioned how the continent caught the attention of the world as a place where people can aspire - a region beaming with opportunities.

At the time of these comments, phrases like the last frontier; Africa rising had begun to gain traction, as ways people described the second most populous continent. It was touted as a great place to solve problems and make money while at it. 

Like the Americas or Asia where innovations and entrepreneurial investments have created significant prosperity, it was time for Africa to achieve the same.
 

The African interest

A 2015 study conducted by Approved Index, a UK-based business networking group, revealed that entrepreneurship is taking residence in Africa. This study used the percentage of the adult population who own