MAILBAG

FRANCE IS A SPONSORING LOOTING AND TERRORISM

The French are always found in any African country suffering from criminal ruling cliques, terrorism, theft of natural resources and misery. This is not a coincidence. African states and world powers must kick France out of Africa totally. French support for regimes in West and Central Africa is devastating for security, peace and development in many countries.

Tarig Anter

COPY AND PASTE

Alas, in many cases entrepreneurship teaching in developing countries merely copies the entrepreneurship teaching from the West. It doesn’t take into account the cultural and institutional differences between Africa and the West. In 2020 I published a book, Cross-cultural entrepreneurship and social transformation: innovative capacity in the Global South. Some

TANZANIA TURNS A PAGE

Tanzania’s late president John Magufuli laid a new foundation: one can clearly see the change in most public sectors, eg. health and government institutions. It will be much easier for President Samia Suluhu Hassan to take over as this foundation was laid. Suluhu, being a woman, may bring compassion and circumspection, which will spear the nation to a new direction. As a nation, we expect to keep the momentum going and support the new regime from Zanzibar to the mainland since our new leaders could bring a totally different Tanzania. Queen Uroki, Banker

important points: on the level of business culture/ management style there are many problems with entrepreneurial capacity: lack of customer orientation, lack of planning, overly hierarchical management. At the level of cooperation/competition between businesses there is lack of trust and a high dependency on vertical networks: important people at the top that may obstruct the business and/or grant privileges in return for favours. At the government bureaucracy level these vertical networks cause institutional voids, lack of regulation and lack of policies that are conducive to entrepreneurship.

Otto Kroesen

AFRICA’S BANKS AND ENTREPRENEURS

African banks are more focused on collecting saving monies to invest and get profit from mutual insurance funds than on assisting entrepreneurs. You do all the work and when your turnover is huge, you see them coming to you. They have never anticipated the growth of SMEs. In fact they don’t want Africa to build a strong industrial sector. That’s why you see microfinance banks holding billions dollars and reinvesting them in Europe or North America. As an entrepreneur myself and managing my own company since 2007, I don’t rely on them for the growth of my company. Our assistance and networks always come from outside the African continent.

Martial Harryson Ohomon

Managing director, OTC

HOW TO GET YOUR COPY OF THE AFRICA REPORT

On sale at your usual outlet. If you experience problems obtaining your copy, please contact your local distributor, as shown below.

ETHIOPIA: SHAMA PLC, Aisha Mohammed, +251 11 554 5290, aisham@shamaethiopia.com – GHANA: TM HUDU ENTERPRISE, T. M. Hudu, +233 (0)209 007 620, +233 (0)247 584 290, tmhuduenterprise@gmail.com – KENYA, UGANDA, TANZANIA: THE NEWZ POINT, Dennis Lukhoola, +256 701 793092, +254 724 825186, denluk07@yahoo.com – NIGERIA: NEWSSTAND AGENCIES LTD, Marketing manager, +234 (0) 909 6461 000, newsstand2008@gmail. com; STRIKA ENTERTAINMENT NIGERIA LIMITED, Mrs Joyce Olagesin, info.nig@strika.com – SOUTHERN AFRICA: SALES AND SUBSCRIPTIONS: ALLIED PUBLISHING, Butch Courtney; +27 083 27 23 441, berncourtney@gmail.com – UNITED KINGDOM: QUICKMARSH LTD, Pascale Shale, +44 (0) 2079285443, pascale.shale@quickmarsh.com – UNITED STATES & CANADA: Disticor, Karine Halle, 514-434-4831, karineh@disticor.com – ZAMBIA: BOOKWORLD LTD, Shivani Patel, +260 (0)211 230 606, bookworld@realtime.zm For other regions go to www.theafricareport.com

ADVERTISERS’ INDEX

ACCESS BANK P 98-99; AFRICA CEO FORUM P 14; ALAPALA P 139; AXENS P 121; BARRICK KIBALI GOLD MINE P 62-63; BUA GROUP P 104-105; C2I EASY STEEL SHEDS P 82; CAVERTON P 117; CFAO GROUP P 148; CIB P 21; CIU P 85; DANGOTE GROUP P 7; DASSAULT AVIATION P 95; DREAMOVAL P 43; EKO ATLANTIC CITY P 118-119; EKO HOTELS & SUITES P 125; ENDRESS + HAUSER P 69; ENI SPA P 89; EQUITY BCDC P 57; EURONEWS P 60; FANMILK DANONE P 123; HERBERT SMITH FREEHILLS P 135; KEMPINSKI HOTEL GOLD COAST CITY P 47; KONNECT EUTELSAT P 83; LIEBHERR P 23; MAIRE TECNIMONT P 107; MCB GROUP P 25; MD SERVICES P 55; NESSCO P 115; OCP AFRICA P 2, 140-141; OFID P 87; OLAM P 45; PERENCO P 133; PONTICELLI NIGERIA P 109; PROCADRES P 115; QATAR AIRWAYS P 5; RAWBANK P 53; REP. OF DJIBOUTI P 147; SAFICABLES P 59; SFA P 51; TAGPAY P 85; TANGER MED ENGINEERING P 91; TAR SUBSCRIPTION P 145; TOSHIBA AFRICA P 81; TOTALENERGIES P 19, 112-113; UBA GROUP P 17; VOCALCOM P 101