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Lack of sound business proposals remain one of the major challenge to funding.
This emerged at the African Development Bank panel discussion which took place on side-lines of 10th Brics Summit.
Billions of dollars are set aside to address the continent infrastructure gap every year.
That’s in addition to already available resources.
According to some experts who attended the African Development Bank discussion, entrepreneurs lack knowledge on how to tap into such funding.
This is despite a slew of business ideas competing for funding.
The high cost of putting together project preparation another reason behind lack access.
