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Why capital accumulation is low in West Africa.
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[QUOTE="Kingsley, post: 223296, member: 30278"] I have seen many claim that the relevance of a good business proposals outweighs the power that owning capital may give. Why this may see like it is a real fact, but we can not take away the place of capital in starting up any business. As it will seen almost impossible to start a business without the use of capital. Capital has shown to be a major problem here in Africa and I can even say more about my particular country as we have so many with brilliant ideas but are all suffering from inadequate funds or outright lack of funds to make their business dreams and plans to come to reality. When we look at the root cause of why capital accumulation is a thing of challenge here in Africa we will see alot of reasons why this is so, one of the basic reason is what I see as pure greed. Greed on the part of the leaders I why people or true entrepreneurs are finding it difficult to raise funds. The leaders rather prefers to gather every penny from the system and spend it on capital flights and other frivolous expenditures. They eat the common wealth of the people. [/QUOTE]
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Why capital accumulation is low in West Africa.
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