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  • Africa Takes Its Turn (Video)

    This wave of entrepreneurship is building the foundations for the knowledge revolution in our continent and the next few years will herald the consolidation. Just as the industrial revolution was a quintessential period of innovation in transportation, production, energy and communication, the next quarter century will surely give Africa its turn. We can alter the human society, culturally and economically, as our abundant resources converge with technologically strong African knowledge base.

    I recently read an encouraging, even inspring article called “New Entrepreneurial Waves in Africa” by Ndubuisi Ekekwe.

    What struck me as so encouraging is the change in how foreigners are looking at the African continent. Traditionally, money pouring into the people of Africa has been in the form of foreign aid or charitable donation. Much of it has gone directly to governments, and unfortunately, corruption and mismanagement has squandered the funds away.

    Increasingly, we are witnessing investments replacing charity. Ekekwe mentions Cisco, Mircosoft, Google, Nokia and RIM as major corporations investing capital and spending time giving technology training in major cities all around Africa — for free.

    He says that

    Africa will rise with the world in this age…This wave of entrepreneurship is building the foundations for the knowledge revolution in our continent and the next few years will herald the consolidation. Just as the industrial revolution was a quintessential period of innovation in transportation, production, energy and communication, the next quarter century will surely give Africa its turn. We can alter the human society, culturally and economically, as our abundant resources converge with technologically strong African knowledge base.

    The Cheetah Generation

    Ekekwe’s article reminded me of a talk given by Ghanaian economist George Ayittey at TED in 2007 which he entitled “Cheetahs Versus Hippos.”

    The “Cheetah Generation,” he says, is a “new breed of Africans,” taking their futures into their own hands, instead of waiting for politicians to empower them. He compares them to the previous “Hippo Generation,” who are lazily stuck complaining about colonialism, yet doing nothing to change the status quo.

    Take a few minutes and watch Ayitteh give a stirring speech on how Africa will emerge from it’s toubled past and enter into a prosperous future.

    Upstart: Business and Management for 20-40 Year Old Professionals

    Filed Under: Global Business

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    About the Author: Donnie Bryant is a direct response copywriter and marketing consultant. He specializes in improving businesses' sales and profitability by creating compelling marketing messages and strategies. Find out more about Donnie at http://donnie-bryant.com. You can also follow him on Twitter at @donniebryant and connect with him on Google Plus at +donniebryant.

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