Experts Urge Innovation To Boost African Entrepreneurship

34 Days(s) Ago    👁 123
experts urge innovation to boost african entrepreneurship

Experts have encouraged African entrepreneurs to adopt innovative business models, seek global collaborations and implement high-performance systems to stimulate wealth creation and strengthen the continent's economy. This call was a central theme at the inaugural Africa 10X Business Summit , held in Abuja, which marked a pivotal moment in efforts to enhance entrepreneurial growth across the region.

The summit's convener, Theo Godson, described the event as one of the most transformative business gatherings in Africa, emphasising its aim to nurture a new generation of entrepreneurs capable of expanding beyond local markets and competing internationally. He urged business owners to be deliberate about customer acquisition, noting that "whoever is willing to spend the most to gain a customer, wins."

Wellness coach and entrepreneur Judith Okafor said the summit was both timely and necessary, stressing that African businesses must invest in personal growth, robust structures and global-standard leadership to succeed in an increasingly competitive environment. She warned that leaders who fail to maintain their well-being risk losing effectiveness, saying: "A drained leader loses capacity, a tired leader cannot have a vibrant community."

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