ABSTRACT
This chapter demonstrates an understanding of the natures of entrepreneurial activities in African economies. A problem hindering entrepreneurial efforts in Africa is the large size of the region's informal economy. There are number of positive and encouraging signs in Africa's entrepreneurial landscape. Some African economies have made significant strides in improving their entrepreneurial climate. Entrepreneurship in the continent has access to support programs such as incubators and accelerators. Community-based organizations, such as coworking spaces, are a relatively new phenomenon in Africa. Capital markets are described as the "lifeblood" of entrepreneurial and economic development. Most of Africa's capital markets are small, illiquid and are not properly regulated. Availability of bank finances has also been a barrier to entrepreneurial activities. Banking penetration is low in the continent. International entrepreneurship involves exploiting capital, labor and other resources across the globe.
