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Young Entrepreneurs in Sub-Saharan Africa

Young Entrepreneurs in Sub-Saharan Africa
Author: Katherine V. Gough
Publisher: Routledge
Total Pages: 293
Release: 2016-03-02
Genre: Science
ISBN: 131754837X

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Young people in sub-Saharan Africa are growing up in rapidly changing social and economic environments which produce high levels of un- and underemployment. Job creation through entrepreneurship is currently being promoted by international organizations, governments and NGOs as a key solution, despite there being a dearth of knowledge about youth entrepreneurship in an African context. This book makes an important contribution by exploring the nature of youth entrepreneurship in Ghana, Uganda and Zambia. It provides new insights into conceptual and methodological discussions of youth entrepreneurship as well as presenting original empirical data. Drawing on quantitative and qualitative research, conducted under the auspices of a collaborative, interdisciplinary and comparative research project, it highlights the opportunities and challenges young people face in setting up and running businesses. Divided into a number of clear sections, each with its own introduction and conclusion, the book considers the nature of youth entrepreneurship at the national level, in both urban and rural areas, in specific sectors - including mobile telephony, mining, handicrafts and tourism - and analyses how key factors, such as microfinance, social capital and entrepreneurship education, affect youth entrepreneurship. New light is shed on the multi-faceted nature of youth entrepreneurship and a convincing case is presented for a more nuanced understanding of the term entrepreneurship and the situation faced by many African youth today. This book will be of interest to a wide range of scholars interested in youth entrepreneurship, including in development studies, business studies, youth studies and geography, as well as to development practitioners and policy makers. The Open Access title has now been added to the Open Access page. http://www.tandfebooks.com/page/openaccess


Young Entrepreneurs in Rural Africa

Young Entrepreneurs in Rural Africa
Author: Paula Nagler
Publisher:
Total Pages: 32
Release: 2014
Genre:
ISBN:

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Africa is not only the poorest and most rural continent, it is also the most youthful continent in terms of population. Given the large number of young job seekers that will enter the labor market over the next decade, we need a better understanding of rural non-farm entrepreneurship, particularly with regard to the role of young adults in this sector. This paper contributes to the literature by providing empirical evidence on (i) the prevalence of enterprises operated by young adults and the contribution they make to rural household income, the (ii) determinants of enterprise operation, and (iii) labor productivity in enterprises operated by young owners. Using the World Bank's recent LSMS-ISA database that covers six countries in Sub-Saharan African, we find that young adults present a lower share of enterprise owners and derive less income from it. Using a Heckman selection model and panel data analysis, we further find that young household head have a lower likelihood of operating and enterprise and if they operate one, these enterprises are less productive than those of older adults. We conclude that policies to support young entrepreneurs in rural Africa should not only focus on creating conditions that attract young adults to start enterprises, but to also enable young entrepreneurs to improve productivity in already existing enterprises. If these enterprises grow and survive, they can provide a part of the growing number of non-farm jobs that will be needed in Africa's rural areas.


Youth Entrepreneurship and Africa’s Sustainable Industrialization

Youth Entrepreneurship and Africa’s Sustainable Industrialization
Author: Farai Kapfudzaruwa
Publisher: Spears Media Press
Total Pages: 246
Release: 2018-10-18
Genre: Business & Economics
ISBN: 1942876327

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This book investigates the prospects of Africa’s sustainable industrialization, with an emphasis on youth entrepreneurship and the mechanisms in place to support both industrial and corporate entrepreneurs. The volume addresses two specific issues; first, industrialization and youth entrepreneurship and secondly, youth entrepreneurship training and education. The emphasis on youth entrepreneurship to drive sustainable industrialization in Africa is driven by three points: first, Africa’s industrialization is still at its inception with severely limited existing stock of entrepreneurial talents, which makes it imperative to look to the continent’s bulging youth population – the “population dividend” for the needed supply of successive generations of entrepreneurs. Secondly, sustainable industrialization would have to be oriented to “green”, “ICT” and “inclusive” growth which calls for a change in entrepreneurs’ attitudes. Finally, at the centre of the “Africa Rising” narrative is a budding new “cheetah” generation of young entrepreneurs who are highly educated, professional and motivated by the need to set up new business models and practices to compete in the Fourth Industrial Revolution. This volume forms part of an Education for Sustainable Development in Africa (ESDA) book series involving the United Nations University Institute for the Advanced Study of Sustainability and 8 partner African universities running Master’s Programs in sustainable development. The book series is intended to serve primarily as undergraduate and graduate instruction materials for courses on sustainable development in Africa, as well as policy input to key developmental issues in Africa.


Making Futures

Making Futures
Author: Sangu Delle
Publisher:
Total Pages: 179
Release: 2019
Genre: Businesspeople
ISBN: 9781911115892

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Enterprising Africa

Enterprising Africa
Author: Stephen Dobson
Publisher: Routledge
Total Pages: 195
Release: 2020-12-30
Genre: Business & Economics
ISBN: 0429764839

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Enterprising Africa explores the future opportunities, challenges, growth areas and key themes that will shape entrepreneurship in the African continent over the next decade. Entrepreneurship can be the key to unlock resilient growth, but only if it is driven by both socially productive and growth-oriented new businesses. The book considers entrepreneurship as an enabler for socio-economic growth and development in Africa, especially in the context of youth unemployment and increasing youth population for which the traditional, and indeed emerging, industrial sectors will not be able to produce sufficient jobs to meet demand. Organised around three thematic parts, Part I covers the notion of inclusive growth and the role that entrepreneurs can play supporting this. Part II considers the dynamic between entrepreneurs and the environment since social, economic and environmental concerns need to build upon each other rather than vie for recognition. Finally, Part III offers chapters exploring policy contexts and the wider institutional ecosystems that need to be developed and enhanced to ensure a strong and vibrant environment for the future entrepreneurs of Africa to thrive. Edited and authored by leading experts in the field, this fascinating text will be of interest to academics as well as students of International, Transformational and Social Entrepreneurship, and International and African Business.


The Palgrave Handbook of African Entrepreneurship

The Palgrave Handbook of African Entrepreneurship
Author: Oluwaseun Kolade
Publisher: Springer Nature
Total Pages: 634
Release: 2021-11-30
Genre: Business & Economics
ISBN: 303075894X

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This comprehensive handbook offers a state-of-the-art guide to new frontiers of African entrepreneurship. Written from a Pan-African perspective by a cast of international authors, the book addresses the rapid modernisation and evolution of African entrepreneurship and business practices. It maps new developments in entrepreneurial ecosystems, technology and digital entrepreneurship, entrepreneurship in conflict zones, and gender and diversity issues. It proposes new models for entrepreneurial financing and explores the contrast between entrepreneurship in high-technology urban centers with peripheral rural districts and conflict zones. Bringing together empirical insights and case studies from countries across Africa, the Handbook illuminates regional and contextual differences and shares theoretical and practical insights which inform policy and practice. It is an ideal guide for researchers and students working on international business, entrepreneurship and emerging economies. It will also inform policymakers in developing context-informed entrepreneurial policies and initiatives in Africa.


Matt in Africa

Matt in Africa
Author: Edyta Stepczak
Publisher: Createspace Independent Publishing Platform
Total Pages: 32
Release: 2018-03-15
Genre:
ISBN: 9781987752892

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I visited Lawrence Alaba Afere and his organization in Nigeria - a network of organic farmers and rural entrepreneurs. Learning from the great work he is doing and seeing the faces of people whose lives has been changed, I was inspired and moved. In 2007, when Lawrence graduated from University, he shocked his family with the news that he was not going to use his business management degree to land a high-paying job in the big city. Instead, he wanted to become a social entrepreneur working with agriculture in his hometown Akure, a low-income community in southwest Nigeria. Working with farmers and rural people was not Lawrence's initial plan when he gained admission to study business at the University in 2003. Like many of his classmates, he was excited about getting a job within the banking or oil and gas sector. This all changed, on a Friday back in November 2006 when he read a report in the local newspaper. A life-changing moment he will never forget. The study revealed some shocking statistics about unemployment in Nigeria and the lack of opportunities young graduates are facing when finishing school. More alarming were the predicted effects this would have on society, as the consequences of unemployment would mean that Nigeria would raise over 20 million highly skilled criminals. Lawrence instantly thought to himself that something simply had to change. Instead of waiting around for change to happen, he decided to lead the way for a better future. As his parents and siblings had hoped for Lawrence to stay in the big city and pursue a corporate job that could help provide for the family as well, the decision to return home and pursue his dream wasn't easy. When telling his family about his decision, they thought to themselves that he had been bewitched since after all, who would willingly choose a hard labor career such as farming over a high-paying office job?. Despite the pressure, Lawrence felt strongly about returning to his home town and told his parents: ""Mum and dad, please understand I need to do something different with my life and follow my own path." And that is exactly what Lawrence did. Today he is the founder of Springboard, an organization that combines organic farming with entrepreneurial training to create jobs and promote sustainable agriculture. Lawrence Alaba Afere was that change. By combining organic farming and entrepreneurial training, he found a way to help create jobs for young Nigerians and rural people who were migrating to the cities in search of jobs. Today, Lawrence is a farmer and continues to provide support for young Nigerians and rural people to start their own organic farms and village enterprises. The initiative led him to be named a Mandela Washington fellow in 2014, where he visited the US and spent a few weeks meeting President Barack Obama and a number of global business leaders. In 2016 he also became an Ashoka fellow. This story book was inspired by Lawrence and his network of organic farmers and rural entrepreneurs. The book will help throw more light on everyday change agents and inspire children to follow their dreams and make a change in their communities. To find out more about Lawrence and his activities, please visit the Springboard website at www.springboardnig.com


Youth entrepreneurship in agriculture and rural development: Nigeria

Youth entrepreneurship in agriculture and rural development: Nigeria
Author: Babu, Suresh Chandra
Publisher: Intl Food Policy Res Inst
Total Pages: 4
Release: 2020-09-30
Genre: Political Science
ISBN:

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Young people engaging in agricultural entrepreneurship in developing countries face several challenges. Above all, they lack adequate access to important resources and opportunities. These include land, credit, farm inputs, agronomic and vocational training, insurance, and lucrative markets. Addressing these challenges requires answers to some key questions: Which factors drive the success of youth entrepreneurs in developing countries? What type of business ‘ecosystem’ is best suited for their development? What roles should the various stakeholders play in making youth entrepreneurship flourish nationally? How can young people expand their start-ups to become small, medium, or largescale businesses? To answer these questions, the International Food Policy and Research Institute (IFPRI) and the Syngenta Foundation for Sustainable Agriculture (SFSA) developed a conceptual framework. This framework classifies contextual and driving factors that contribute to the success of youth entrepreneurship. There are four broad categories for intervention: policy, institutional, technological, and individual capabilities.


Youth and Jobs in Rural Africa

Youth and Jobs in Rural Africa
Author: Valerie Mueller
Publisher: Oxford University Press
Total Pages: 336
Release: 2019-11-28
Genre: Business & Economics
ISBN: 0192587307

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Sub-Saharan Africa's rural population is growing rapidly, and more young people are entering the labour market every year. This raises serious policy questions. Can rural economies absorb enough job seekers? Could better-educated youth transform Africa's rural economies by adopting new technologies and starting businesses? Are policymakers responding to the youth employment challenge? Or will there be widespread unemployment, social instability, and an exodus to cities and abroad? Youth and Jobs in Rural Africa: Beyond Stylized Facts uses survey data to build a nuanced understanding of the constraints and opportunities facing rural youth in Africa. Addressing the questions of Africa's rural youth is currently hampered by major gaps in our knowledge and stylized facts from cross-country trends or studies that do not focus on the core issues. Youth and Jobs in Rural Africa takes a different approach, drawing on household and firm surveys from selected African countries with an explicit focus on rural youth. It argues that a balance between alarm and optimism is warranted, and that Africa's "youth bulge" is not an unprecedented challenge. Jobs in rural areas are limited, but agriculture is transforming and youth are participating, adopting new technologies and running businesses. Governments have adopted youth employment as a priority, but policies often do not address the specific needs of rural populations. Youth and Jobs in Rural Africa emphasizes that by going beyond stylized facts and drawing on more granular analysis, we can design effective policies to turn Africa's youth problem into an opportunity for rural transformation.