AFRICA NEED MORE INNOVATION-DRIVEN BUSINESS MODELS

AFRICA NEED MORE INNOVATION-DRIVEN BUSINESS MODELS

By Hon Edward M Ndalama

Africa need more practical platforms that will deepen the impact of leaders who are solving complex problems, creating jobs and to bring essential services to millions through innovation-driven business models.

The African continent has the fastest growing youth population, and home to 4 of 5 of the world 's top fastest -growing economies, fastest urbanization rate to in the world.

And the middle class of Africa is rapidly​ growing and expanding, and predicated to increase business and consumer spending.Hence, innovation and Enterprenural solutions are a critical component to continue with the growth.

This growth will prosper people and the societies across Africa.So the youth and young enterprenurs who have ideas that should offer lessons in inclusion, sustainability and value creation should be identified and funded.

This creation which should extend far beyond the African continent boundary and be part of the global network of thought leaders, entrepreneurs, Investors and consider new ways to extend the impact within Africa's ecosystems and around the world.

The major challenge for many African start-ups and business initiatives is lack of funding,and how to find market so as to create generation.

Director Financial Growth and Partnerships Development at World Entrepreneurs Investment Forum.