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Lagos
October 23, 2021
Business Economy Editorial Entrepreneurship

Entrepreneurs are the only hope to resuscitate the global economy- Summy Smart Francis, Dr. HC of Entrepreneurship (TBU, USA)

COVID 19 took the World by storm and economies are yet to recover from the devastating effect of the pandemic. As world economies slide into recession and Nations struggle to keep the dread of poverty from consuming its citizens, it is pertinent now that the World is in dire need of rescue.

Every Industrial age in history which lead to major economic development and boom across the globe was activated by Entrepreneurs. Men and women who sat down to proffer Solutions to devastating problems of their day, In their search for solutions came answers, industries, jobs and of course economic boom.

Entrepreneurs are builders, I would like to say they build from scratch, but frankly, they build from nothing. Better still, they build solutions from problems.

Entrepreneurship is the singular highest employment industry in Africa. Six out of ten young Africans operates either a start up, a small business set up, a sole proprietor or a medium scale enterprise. We employ ourselves and increase capacity to absorb others. Africa and the World can only be saved from within. It is time for us to acknowledge this and embrace the solution as quick as possible. The world today is in need of a massive change. The global economy is financially broken and in complete peril. The only hope for change is through ENTREPRENEURSHIP.

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