By Risikat Ramoni
Ghanaian President Nana Akufo-Addo has stressed the need for African leaders to engage the youths by promoting entrepreneurship and developing the small and medium scale enterprises.
Akufo-Addo spoke in Lagos yesterdayq during the 2018 Tony Elumelu Foundation’s entrepreneurship summit.
He said: “We live on the richest continent in the world, yet, our people are the poorest.” Citing Ghana as an example, the President said the establishment of the ministry of business development has helped identified 7,000 young entrepreneurs and encouraged many startups in the country through its business advisory services, micro enterprise funds and access to the market.
“We need to promote the opportunity for growth of the SMEs in Africa so that the continent will not have to beg for funds and International aids. We should be giving aids to others not receiving it. That can be achieved if all African leaders promote entrepreneurship in their various countries.”
The founder of the Foundation,Tony Elumelu, said entrepreneurship would help in creating employment, eradicating poverty and wealth creation.