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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


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.


The Future of Entrepreneurship in Africa

The Future of Entrepreneurship in Africa
Author: Anthony Abiodun Eniola
Publisher: Taylor & Francis
Total Pages: 177
Release: 2022-12-30
Genre: Business & Economics
ISBN: 1000816621

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For many years, entrepreneurship has been considered as one of the most important solutions to the three-pronged challenges, poverty, unemployment and inequality, of most African countries. A recent development that has undoubtedly compounded the challenges that African entrepreneurs face and further impede the economic growth impact is Covid-19. This pandemic has exerted severe damage to economies and businesses globally. For the African setting, the implications of Covid-19 on businesses and individuals would be enormous, as African societies are rarely equipped to absorb unexpected shocks of this magnitude as the social and welfare schemes are far below requirements. This book illuminates entrepreneurship in the African setting, focusing on the prospects, challenges, and the post-Covid-19 pandemic future. It aims to offer a rich repository of information on strategies and techniques for sustaining entrepreneurial activities that can enrich African nations and will be of relevance to academics, researchers, advanced students, entrepreneurs, governments, and government agencies who are interested in understanding issues relating to entrepreneurship development within the African continent.


Building Entrepreneurial Ecosystems in Sub-Saharan Africa

Building Entrepreneurial Ecosystems in Sub-Saharan Africa
Author: Constant D. Beugré
Publisher: Springer
Total Pages: 114
Release: 2016-12-13
Genre: Business & Economics
ISBN: 1137568941

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Africa suffers from two main diseases: poor management and a lack of vibrant entrepreneurial activity. The continent has the raw materials, the people, and the potential to be developed, and yet there remain barriers that prevent it from bettering itself. To promote entrepreneurship as an engine of economic development and growth, the author has developed a Quintuple Helix Model which advocates mutual cooperation and information sharing among the five helices and provides valuable guidelines to policymakers on how to build entrepreneurship ecosystems in sub-Saharan Africa. It goes on to examine the roles that government, donors, and public and private sectors play and how Africans themselves might take the development of entrepreneurial societies into their own hands. The book includes seven chapters that emphasize the key role that each of the five components could play in the development of entrepreneurial ecosystems. Entrepreneurship scholars, policy makers, and national and local governments of sub-Saharan Africa will value this insight as they strive to create a more favorable landscape for their citizenry.


Rise of women entrepreneurs in developing countries

Rise of women entrepreneurs in developing countries
Author: Nabukeera Huda Siraje
Publisher: GRIN Verlag
Total Pages: 11
Release: 2015-03-10
Genre: Business & Economics
ISBN: 3656916438

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Essay from the year 2015 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: It has been repeatedly documented that the rise of women’s entrepreneurship in developing countries has hit a record high over the past decade. This article examines the direct and indirect causes of the rapid growth of women entrepreneurs in developing countries. Light is also shed on significant challenges to faster growth of female entrepreneurship and key factors to sustain this positive trend are proposed. Sub-Saharan Africa (SSA) is currently the second fastest growing region of the world after Asia. Two publications (McKinsey Global Institute, 2010 and The Economist, 2011) highlighted the positive prospects of African economies driven by a rise in entrepreneurial activity. This renewed interest in Africa calls for action from management scholars. This article examines this growth from the perspective of women entrepreneurs who currently occupy larger statistics compared to the entire history of Africa as a continent. Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers.These include hair salon owners, high-tech visionaries and everything in between, all making critical economic contributions.


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.


Digital Entrepreneurship in Sub-Saharan Africa

Digital Entrepreneurship in Sub-Saharan Africa
Author: Nasiru D. Taura
Publisher: Springer
Total Pages: 252
Release: 2019-03-07
Genre: Business & Economics
ISBN: 3030049248

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This pioneering collection seeks to understand why and how some digital enterprises in Africa progress while others firms either stagnate or regress. Using a range of detailed case studies, it addresses the challenges and barriers that are in place and how some outstanding digital firms deal with operating in a hostile business environment. While digital platforms have created equal access for small businesses, many digital entrepreneurs in Africa continue to struggle with local environments replete with corruption, and other economic inefficiencies. The contributions move the debate forward by addressing the challenges, opportunities, and prospects of digital enterprise in Africa. Placing special emphasis on how African new entrant digital firms are shaping the landscape and forging a new beginning for Africa, this book offers entrepreneurial perspectives to both researchers and policy-makers seeking to support and stimulate entrepreneurship in the new era.


Social Innovation In Africa

Social Innovation In Africa
Author: Ndidi Okonkwo Nwuneli
Publisher: Routledge
Total Pages: 185
Release: 2016-07-15
Genre: Business & Economics
ISBN: 1317294270

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Encouraged by the emergence and early impact of social innovators on the African Continent, but frustrated by the slow pace of large scale change, this book is focused on filling the knowledge gap for those tackling Africa’s serious social problems. It lays out the required building blocks for achieving scale at impact. By creating clear mission, vision, and values statements and piloting and rolling out business models that are demand-driven, simple, and low-cost, with compelling measurement and evaluation tools that leverage technology. It also explores the steps for attracting and retaining talent and financing and forming strategic partnerships with the private, public and non-profit sectors to foster scaling. Practical case studies provide inspiration for those who seek to become innovators or to be employed by them. Finally, it outlines the crucial steps for key stakeholders to take in order to support the emergence of more social innovators on the African continent, create an enabling environment for the scaling of high-impact initiatives and advance collective efforts to build stronger communities for current and future generations. This is a practical and inspirational guide for all entrepreneurs and individuals that seek to combine business and social goals and for those in the public, private and non-profit sectors that aim to foster and support these projects.


Youth Employment in Sub-Saharan Africa

Youth Employment in Sub-Saharan Africa
Author: Deon Filmer
Publisher: World Bank Publications
Total Pages: 283
Release: 2014-01-24
Genre: Business & Economics
ISBN: 146480107X

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"The series is sponsored by the Agence Francaise de Developpement and the World Bank."