Why Africa needs more big firms — not just more entrepreneurs

Attendees during the 6th SMEs Conference and Expo at Kenyatta International Convention Centre (KICC) in Nairobi on March 27, 2025.

Photo credit: Bonface Bogita | Nation Media Group

For years, governments and development partners across Africa have championed entrepreneurship as the key to unlocking economic growth and youth employment.

From Nairobi’s startup hubs to Kampala’s innovation challenges, it’s almost a mantra that supporting entrepreneurs will grow the economy.

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Note: The results are not exact but very close to the actual.