Rapid Incubation Model for the development of Micro and Small enterprises in Sub-Saharan Africa

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Dr. Pralay Dey
Dr. Pralay Dey
α Shridhar University

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Rapid Incubation Model for the development of Micro and Small enterprises in Sub-Saharan Africa

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Abstract

Africa was called “The Dark Continent” by Europeans because little was known about it prior to European colonization. Sub-Saharan Africa region covering 48 countries refers to the area of the continent of Africa that lies south of the Sahara desert. Sub-Saharan Africa though having an agricultural base has all kinds of resources in the world in terms of vast availability of minerals, gold and diamond, crude oil and Uranium etc. like no other continent. Despite having so much resources, Sub-Saharan Africa continues to face longterm development challenges: poverty, dependence on a few primary commodities like agriculture and mining, low human capital, weak governance and non-existence of appropriate policies, low employment, low technology or processing capacity, low Investment, high cost of Finance, low empowerment of women, and climate change, non availability of cheap finance, etc.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Pralay Dey. 1970. \u201cRapid Incubation Model for the development of Micro and Small enterprises in Sub-Saharan Africa\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 12 (GJMBR Volume 12 Issue A10): .

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GJMBR Volume 12 Issue A10
Pg. 79- 85
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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Africa was called “The Dark Continent” by Europeans because little was known about it prior to European colonization. Sub-Saharan Africa region covering 48 countries refers to the area of the continent of Africa that lies south of the Sahara desert. Sub-Saharan Africa though having an agricultural base has all kinds of resources in the world in terms of vast availability of minerals, gold and diamond, crude oil and Uranium etc. like no other continent. Despite having so much resources, Sub-Saharan Africa continues to face longterm development challenges: poverty, dependence on a few primary commodities like agriculture and mining, low human capital, weak governance and non-existence of appropriate policies, low employment, low technology or processing capacity, low Investment, high cost of Finance, low empowerment of women, and climate change, non availability of cheap finance, etc.

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Rapid Incubation Model for the development of Micro and Small enterprises in Sub-Saharan Africa

Dr. Pralay Dey
Dr. Pralay Dey Shridhar University

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