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Business Start-up Group To Empower 5,000 Entrepreneurs In Africa

A Business Start-up Group is set  to empower about 5,000 entrepreneurs in Africa.                                                                    The group known as the Association of African Start-ups has said it will empower 5,000 entrepreneurs before the end of the year.

The President of TAAS, Just Ibe, said this in Lagos at the launch of TAAS learning hub designed to uplift African startups with 21st century business techniques and approaches.

According to Ibe, the association designed a learning curriculum that highlights the problems preventing young Africans from harnessing the tech space to grow businesses, especially in comparison with counterparts in different places in the world.

She said, “One of the things we decided to do is set up a very tailored framework that allows young Africans harness all the solutions we have created to create sustainable businesses.

“We identified fantastic trainers and mentors in Africa to come and raise and train our start-ups so they can operate at a competitive level and have businesses that withstand the test of time.”

Ibe noted that the recent take-off of the Africa Continental Free Trade Area allowing African countries trade in a single regional platform offered African entrepreneurs the opportunity to tap into a $2.5tn global market.

She added that TAAS had put certain structures in place to allow members maximise the benefits of the AfCFTA and leverage the market faster than others, especially counterparts in the market.

The president stated, “The AfCFTA is very pivotal in the continent of Africa. If you are an entrepreneur on this continent today, you have the potential to enter into markets that you had never entered into before.

“This is a wakeup call to every entrepreneur. You’re the driver of every economy that exists because 50 per cent of you make up the economy of our nation and by extension the continent.

“The year 2020 showed us that we cannot leave the development to just the government. We, the private sector, have to lock hands with the government to create the Africa that we want to see.”

Also speaking, the Chief Executive Officer, TAAS, Omayemi Sage, stated that the African continent had been a victim of exploitation for decades, coupled with an increasing population, which called for urgent action and the need to create sustainable businesses.

She said TAAS was focused on equipping African start-ups with the required skills necessary to create sustainable businesses and called on African entrepreneurs to rise up to build the continent. – Punch

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