With the steady increase in Africa the youth population is expected to double by 2050, the need for innovative and sustainable ways to support youth employment continues to grow in importance. While the challenge is daunting, it has also inspired so many creative and diligent young Africans to take charge of their own futures, offering innovative solutions to stay employed and actively engaged. Therefore, training young people in entrepreneurship – how to create, run and manage businesses – so that their creativity and efforts bear fruit is essential not only to improve the lives of individuals, but to strengthen the economic gains of the whole society. region.
As evidenced by our entrepreneurship program, young Africans continue to show that they are innovative, creative and diligent in seeing their ideas come to life. With the right support, young entrepreneurs will create jobs, add value and innovate, which our continent desperately needs.
Young people are developing skills beyond the classroom while being exposed to new and different career paths; this presents an opportunity to catalytically transform the continent. platforms such as EFT Login– our exclusive digital marketplace for African entrepreneurs – is one such tool for this purpose. With continued expansion, more young Africans will be able to access opportunities, learn and explore intra-regional opportunities.
Promising sectors such as financial services and the tech ecosystem remind us of the many young African entrepreneurs who are creating transformative solutions and continuing to innovate in these sectors and beyond.
Promising sectors such as financial services and the tech ecosystem remind us of the many young African entrepreneurs who are creating transformative solutions and continuing to innovate in these sectors and beyond. To accomplish all of this, the challenges of irregular political regulation, access to power and electricity, as well as improving the logistics supply chain must be addressed.
The future is indeed bright: with the digital advancements of the past decade, the proliferation of technology and digital skills has dramatically improved the lives of young people and provided unprecedented access to once-hard-to-reach opportunities. The effects of the COVID-19 pandemic have shocked the continent, and building resilient businesses that can withstand uncertainties is a crucial way to support Africa’s youth. Moreover, the creation of the African Continental Free Trade Area provides an opportunity to address these issues and enhance entrepreneurship on the continent in a catalytic way. By building and streamlining business registration, operating and regulatory processes, the future of entrepreneurship on the continent can be sustainable, efficient and monumental.