Barrack Obama called on Africa Leader to embrace women and youth entrepreneurs as well as
anti-corruption initiatives, and asked U.S investors to reward those efforts, as he announced more than $1 billion in new private and U.S government commitments for startups.
“Entrepreneurship means ownership and self determination as opposed to being simply dependent on somebody else,” the U.S president address to the sixth Global entrepreneurship Summit in Kenya’s capital, Nairobi.
“I wanted to be here because Africa is on the move, ” Obama said, “This continent needs to be a future hub of global growth not just African growth.” He praised Kenya as the largest economy in East Africa and technology hub. He urged African governments to crack down on graft and foster transparency and rule of law , which would help create “a platform for people to succeed.”
[This Article first Appeared on: Vanguard]