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Entrepreneurship-regional context

Accelerating youth innovativeness, entrepreneurship and financial inclusion for Africa’s development. Entrepreneurship-regional context. Vibrant entrepreneurial spirit in Africa but with many uncertainties.

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Entrepreneurship-regional context

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  1. Accelerating youth innovativeness, entrepreneurship and financial inclusion for Africa’s development

  2. Entrepreneurship-regional context • Vibrant entrepreneurial spirit in Africa but with many uncertainties

  3. Figures: The distribution of the youth as potential, intentional, entrepreneurs and non-entrepreneurs in sub-Saharan countries, 2013

  4. Youth in agriculture Percentage of youth businesses per sector, by gender, sub-Saharan Africa, GEM 2013 Actual job creation by popular sector, sub-Saharan Africa, 2013

  5. Where can youth play a role--- e.g. expanding the use of machines

  6. Broader opportunities in agriculture for youth entrepreneurship • Agriculture has opportunities for youth in modern off-farm opportunities

  7. Role of universities Universities have a key function to drive innovations that stimulate entrepreneurship and facilitate transitions to meaningful agribusiness

  8. RUFORUM’s experience

  9. A new Initiative for Africa

  10. Empowered African youth With diverse opportunities Accelerating youth innovativeness, entrepreneurship and financial inclusion for Africa’s development (AYIF-Africa)

  11. Support establishment of 20 (10 science, technology and innovation and 10 social-enterprise incubation hubs) incubation hubs in African Universities to support advancement of business incubation, acceleration and entrepreneurship. • Support at least 5000 African University students in entrepreneurship, enterprise development and innovation acumen development • Support at least 1000 African students business start-ups through the Students Enterprise Scheme (SENS) for acceleration • Provide student start-up entrepreneurs with business and entrepreneurship mentorship skills and enhanced capacity building to stay in business beyond the second birthdate

  12. Discussion issues • What is a new direction for youth empowerment in Africa • Technology incubation vs social-entrepreneurship incubation, why way forward? • Financial inclusion; how do we facilitate youth participation? • What is the type of the university that can deliver these aspirations? • Any models of reference that can work and how do we design a unique approach that works and can be a reference for the continent?

  13. Visit Our Website: www.ruforum.org Visit Our Blog: http://blog.ruforum.org/ Email Us: secretariat@ruforum.org Like Us on Facebook: ruforumnetwork Follow Us on Twitter: ruforumsec

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