Why is sole proprietorship popular in West Africa?

From the US IRS page, "A sole proprietor is someone who owns an unincorporated business by himself or herself. read more

In places where a) poverty is rampant, 2) where the rule of law is not as strictly observed and 3) where the majority of the general business population is not as knowledgeable of the use of legal structures (i.e., a lot of 3rd world countries), sole proprietorships would abound since incorporation involves the payment of fees and assumes the a society who would be more cognizant of business law. read more

A sole proprietorship is a business venture with only one owner. Professionals, retailers and service providers can be sole proprietors. Sole proprietorships have no separate legal standing; the business is the owner and vice versa. read more