Challenges Facing Entrepreneurs in Africa
- High Commercial Property Costs: Renting retail spaces is prohibitively expensive for low- to middle-income entrepreneurs.
- Limited Access to E-Commerce: Many small business owners struggle to transition to online sales due to high setup costs and complex logistics.
- Cash Flow Issues: Vendors lack access to secure and instant payment systems, leading to financial instability.
- Regulatory Barriers: Bureaucratic challenges make it difficult for entrepreneurs to expand their businesses.
