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Why are businesses failing in Africa?

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5 answers

Report Hassan's answer

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Unfriendly business environment occasioned by poor government policies, poor infrastructure and the unwillingness of banks to fund the real businesses.

Report Yemi's answer

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Hello Adjei,is not true that all Business in Africa are failing,some are perform well and others not,is just a matter of mindset toward attitude.

Report Meck's answer

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Businesses are failing in African because the grounds work in marketing has not been done well. Marketing is a complicated function of a business. It involves targeting customers, product designing, pricing, promoting, and distribution.

If you can get this in the right frame, business is good to go.

Report Maxwell's answer

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Africa is blessed with natural resources which i believe could be a motivation and advantage in us running successful businesses, but our mindset and attitudes towards running businesses has been a setback and a driving factor in collapsing of many business...many ideas never materiliase because of intentions on starting a venture, when you start something withiout a vision on it it wont last.

Report Oreneile's answer

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