We need to deal with challenges stopping growth of young African entrepreneurs – Mutati

MMD faction leader Felix Mutati has observed the need for African Governments to deal with challenges stopping the growth of Young African entrepreneurs.

Speaking on the Sidelines of the Africa 2018 Summit themed ‘Business for Africa and the World’ in Sharm el sheikh, Egypt, Mutati said the young entrepreneurs are telling Governments in Africa that they have the determination, innovation and the right ideas to grow Africa and that governments should help them by dealing with the challenges they face in growing their businesses.

He said young entrepreneurs are fatigued with African Governments only signing trade agreements and wants them to move a step further towards practicle implementation of the said trade agreements.

Mutati who has held several government portfolios including that of Minister of Commerce and Trade and Finance among others, said Africans should first trade among themselves before looking outside Africa for partnership.

“Young Entrepreneurs are saying to us that they have the determination, the innovation and the idea’s but that they need governments to lower the barriers to access and the cost of capital,  “They need governments to create capacity in skills and technology as well as open new markets, young entrepreneurs are fatigued with governments merely signing agreemwnts but not making things happen. All this gives me the inspiration that there is hope for Africa if we invest in the entrepreneurs, For Zambia I think we should join hands with the rest of Africa,” he said.

And the MMD leader says there is need for a paradigm shift as regards the work ethics as the answars to the challenges faced by the continent can not come from outside but from within.

“The answers to our challenges are right in our hands, in our work ethics, in our actions, in having a paradigm shift in the mindsets. Lets not ask what others will do for us, lets start from inside and do it ourselves. It is possible.”

Mutati further explained that there is need for regional integration models signed in Kigali to translate into their intended results.

“The message from the African leaders is very clear, that the starting point for the liberation and growth of African trade is for Africa to trade with each other, for Africa to invest in each other, for Africa to connect with each other as countries using the regional integration model under COMESA, SADC and the East African Community.

“We need to make sure that we translate the signing of the free trade areas for Africa that was done early this year in Kigali, moving from the signing ceremony to practicle implementation of the agreement, that it is possible to do better in Africa. Lets break down the hesitations, the bureaucracies that are slowing down the expansion of trade in Africa. Lets deal with the challenges and irritations of boarder crossing for example. Lets deal with infrustructure that is not connecting and helping trade with each other and lets share techenology,” he said.

Mutati is in Sharm el Sheikh, Egypt at the invitation of the Egyptian government for the second time as a speaker at the Africa 2018 Summit, his first invite being at the inaugural conference/summit in 2015.