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Additional resources for African Entrepreneurs: Pioneers of Development (Discussion Paper (International Finance Corporation))

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Training, the report said, "is imparted on the job through repetitive practices by the apprentices of activities carried out by masters. Due to the heavy involvement of masters in production, time spent in specifically training apprentices is extremely low and whatever training that is provided does not involve any theoretical backup on the technologies of the machines in use and repair. " The ILO review goes on to report that the typical manager in the informal sector cannot perform "a correct cost pricing exercise" and that only a third of informal enterprises keep records of any kind.

These women have acquired skill and stable employment that would have been otherwise difficult to find. They can now support their families and ensure that their children get a better education. In fact, all the entrepreneurs interviewed have created productive jobs for Initially unskilled workers and devoted considerable time and resources to the development and upgrading of skills. These opportunities are often lacking within the informal sector, as noted above. The wages paid are usually higher than the statutory minimum wage or the prevailing agricultural wage rate, and the skills acquired more marketable.

Many African entrepreneurs are setting up new modern enterprises from scratch without APDF's help. In Kenya, for example, the number of new locally-owned private (limited liability) companies registered with the Registrar-General ranged from 880 to 1,695 annually during the 1980s. The number of new foreign-owned companies registered varied from 10 to 58 annually. In addition, from 4,088 to 5,240 new business names were registered annually. These are new businesses without limited liability status, but they are still formal enough to require a registered name and office, both for regulatory purposes and to facilitate business operations.

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