Entrepreneurship is a key to African development, says Emmanuel Katto

submitted 11 months ago by arnoldmukasa to demcra

Emmanuel Katto, a prominent businessman based in Uganda, is advocating for African companies to take a leading role in improving the continent's global standing by utilizing its abundant natural resources, particularly gold. Despite the fact that Africa produces approximately 89% of the world's gold, many African nations continue to grapple with poverty and underdevelopment. Katto's vision is to bridge this gap by encouraging companies to leverage Africa's mineral resources to drive economic growth and alleviate poverty. His belief is that by harnessing the potential of these resources, African nations can achieve sustainable development and become major players in the global economy. Katto's call for action is a timely one, as Africa's vast mineral wealth remains largely untapped, presenting a significant opportunity for economic growth and development.