Report of the seminar of African businessmen on development of industrial entrepreneurial capabilities in Africa : (Addis Ababa, 9-13 November 1981)
Author(s)/Corporate Author (s)United Nations. Economic and Social Council;
United Nations. Economic Commission for Africa;
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The meeting was held at ECA Headquarters, Addis Ababa, from 9-13 November 198l. The Seminar was officially opened by Mr. Marc Manirakiza, Deputy Executive Secretary of the ECA. the Deputy Executive Secretary expressed his appreciation for the attendance of participants who had not only left behind vital business commitments but also had to finance their own participation. He gave a brief over view of the economic situation in Africa and emphasized that to achieve self-sustaining growth and development it was necessary to re orientate the economic system in the region which held so much emphasis on the export of primary commodities. Self-sustaining growth as advocated by the Lagos Plan of Action called for increased in goods and services using raw materials. It was therefore necessary for governments to develop and replace foreign factor inputs with local ones, encourage production of goods and services to meet local needs and promote indigenous entrepreneurship at all levels.