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In this video, the speaker discusses the concept of joint ventures, particularly in the context of African entrepreneurship. A joint venture allows two or more businesses to collaborate on specific projects without forming a permanent business relationship. This approach enables entrepreneurs to pursue opportunities while maintaining flexibility. The speaker, an Astra premier social entrepreneur and commercial lawyer, emphasizes the importance of inspiring and empowering African entrepreneurs. The aim is to build successful businesses that contribute to the growth and development of the African continent. More information about creating joint venture agreements will be provided in the tutorial.