The need for business education in Africa

1.  Development efforts in Africa must focus on “wealth creation”, not just “poverty reduction” (See my post "Poverty reduction vs. wealth creation"). 
2.  Businesses are the engines of wealth creation.
3.  Two requirements of a successful business: 
    a.  Affordable capital 
    b.  Skilled entrepreneurs 
4.  Access to affordable capital is increasing in Africa through microfinance and other initiatives. 
5.  Access to appropriate, practical business education is fragmented or non-existent in Africa. 
6.  Because business owners are unable to acquire the business knowledge and skills they need to grow their businesses and create jobs, Africa remains the poorest continent on Earth.