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Entrepreneurship a risk-avoidance, not risk-embracing, strategy in Africa

Image Credit: Sunday Standard

A look at the paradox of entrepreneurialism in Africa, where, on the one hand, given the market and economic realities, everyone is an entrepreneur while on the other hand the market is unused to risk capital. In Uganda, the formal economy is considered so risky that almost everyone has a start-up that they run on the side, making entrepreneurialism a form of risk-avoidance rather risk-adoption.

Read more at Financial Times…

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