PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
Matsi Modise
 
Comments: 8
Article views: 317
 
 
Latest Badges:
 
 

The rise of the pan-African entrepreneur

07 February 2014, 17:00  - Matsi Modise
As the African Sun is on the rise, so too must it rise above historical obstacles and capitalize on Africa’s strengths. Indeed it is time for Africa to appropriate the promise that has eluded it for generations – i.e. the exploitation of its natural resources (fertile land and abundant natural resources) for the benefit of its people.. With 60% of the world’s arable land, Africa is destined to feed the world!  

A 19th century spiritual philosopher Jiddu Krishnamurti once said ‘to understand is to transform what is’. To exploit our continent’s potential fully an understanding of its challenges is an imperative prerequisite to its transformation for the benefit of our people. Africans remain hungry both literally because Africa is still hounded by food security challenges. But Africans are also hungry in a metaphorical sense – for success, opportunities and empowerment. No longer are Africans happy to be stigmatized as the “dark continent” characterized by squalor, dysfunction, corrupt leadership and unemployment.

South Africa, for example, has a static unemployment rate of 25.6 %, woefully above the continental average of 6%. This is a challenge the urgency of whose address cannot be overemphasized!

As an underdeveloped continent, with approximately 1 billion people, Africa presents immense opportunities. Our capital flows out in streams to irrigate the whole system of the Western economy. 52% of the gold in Fort Knox at this moment, where the USA stores its bullion, is believed to have originated from African shores…
Africans need to see Africa as a potential and viable market. Africans need to start creating generations of African multi-national corporations. Africa needs to feed its own people, as the natural resources exist in this place we call home. To achieve this will not be an easy undertaking, but will certainly take a cohesive continental effort and a rigorous culture of entrepreneurship to exist.

Entrepreneurs shape the future, they produce solutions and they are constantly challenging the status quo. Entrepreneurs are risk-takers who pursue opportunities that others may fail to recognize. Entrepreneurs create something out of nothing and they will be the continents required ‘game changers’. They will transform this continent to be one that beneficiates its resources – human and natural. They will create new markets, new value and unlock new wealth.

The new and the old generation of African Leaders must acknowledge the significant impact that entrepreneurs have on the continents development. They must not deprive them of a decent education system. The fundamentals of business, investments, corporate governance, business ethics are principal learning’s that future captains of industry, and business owners need to be familiar with. African leaders cannot ignore the fact that they must harness a knowledge and technology –based continental economy.  As 6 of the 10 fastest growing economies exist in Sub-Saharan Africa and also as Africa has the youngest population in the world, more resources should be invested in youth enterprise development initiatives that will create a continental culture of job creators and not job seekers.

What Haile Salassie said 50 years ago, at the founding Conference of the Organisation of African Unity, remains to this day, a defining statement in terms of what Africa must do to realise her full potential.  This includes the achievement of her unity, the defence of her independence, the implementation of an independent development programme and constructing a policy in favour of the emancipation of the ordinary African people from poverty and underdevelopment.

The rise of the Pan-African entrepreneur will facilitate Africa’s Rising. If we do not develop our own continent, who then shall do it for us? We need to unite as a continent, work as one force and speak with one voice.

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.
 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
8 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Terrylin Backpackers
The cheque is in the post

"I hear you are in bond collections. What are the latest excuses people are coming up with these days? I've run out of ideas." Read more...

11 comments 3958 views
Submitted by
Meta
News in the digital age

How do you think that spreading your hate/bigotry and or intolerance helps anybody? Read more...

14 comments 1251 views
Submitted by
Brian Faul
How and why a Dictator is born

One needs to remember looking back in history these hard times is when a dictator is more likely to get born. It is during these hard times that a dictator gets voted into power. Read more...

10 comments 2038 views
Submitted by
Prenisha Naidoo
I will be proactive...

This letter is in response to articles on the death of baby Jamie Naidoo, We have the tendency to be reactive…we wait for something to happen, then suddenly we care, writes a News24 User. Read more...

2 comments 503 views
Submitted by
woadstress
Celebration

Make a list of at least ten things that you can celebrate, and write two or three reasons why you can celebrate those things or events. Read more...

1 comments 190 views
Submitted by
Eric de Castro
Last squeak of the year

 Read more...

14 comments 320 views

Property [change area]

Travel - Look, Book, Go!

Kalahari.com - shop online today

Grand Theft Auto 5

Now available on PS4, Xbox One and PC from R649. Buy now!

Festive gifts!

Check out our awesome range of festive gifts to make everyone’s wishes come true. Shop now!

Save on Samsung

Cameras, mobile phones, TVs, Tablets and more. While stocks last. Shop now!

Save up to R2200 on electronics! – As seen in the catalogue

Wishing for tech gadgets this festive? Save up to R2100 on hot tech products at kalahari.com. While stocks last. Shop now!

30% off the bestselling books

Save big on the most captivating reads of 2014. While stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on your iPhone Get News24 headlines on your iPhone.

SMS Alerts Get breaking news stories via SMS.

Blogs Your opinion on you, me and everyone.

Calais Website keywords automated by OpenCalais.

 
Interactive Advertising Bureau
 
© 2014 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.