African trade barriers are falling and intra-African trade holds enormous potential – Ing Richard Densu
The Chief Enterprise Business Officer of MTN Ghana, Ing Richard Densu graced the 2nd edition of the Africa Entrepreneurship Accelerator Summit 2023 as a keynote speaker (An annual summit organized by WestlionCo)
As the custom of his presentations has always been, his keynote speech was nothing short of a game changer.
He indicated that though Africa is rich and holds a huge proportion of the world’s renewables and non-renewable natural resources, the continent still faces a significant economic gap compared to the rest of the world, evident in lower GDP per capita, reduced access to basic services, and a lag in key development indicators.
According to him, the fastest way to accelerate Africa’s economic growth and create prosperity for generations to come is through Entrepreneurship.
Job creation, innovation and adaptability, wealth creation, resource mobilization, and diversification are the reserves of a well-nurtured entrepreneurial economy.
He drew conclusive remarks from the case of Asia and its strong backbone – SMEs. He hammered on six connectors that will consolidate Africa’s Entrepreneurship Acceleration; Secure Energy, Efficient transport, Reliable Communication Systems, Resilient Sanitation, Affordable Housing, and soft infrastructure.
“Africa can openly embrace new technology and ideas, with no historical imprint from which to break free” – Ing Richard Densu.
Source: www.westlionco.com
