Friday, December 8, 2023

What Does The Future Of Entrepreneurship Look Like?

Read this free report where the Anzisha Prize has theorised what the future might hold for very young entrepreneurs in Africa, how entrepreneurship can offer innovative alternatives to drive employment and economic growth in Africa, and what the required inputs from various major stakeholder groups might be to facilitate this.

Reading The Very Young Entrepreneur Scenario will offer you a blueprint with:

  • Data driven insights on why it is important to invest in entrepreneurs of all ages, especially the very young.
  • A starting point for stakeholders in considering how they might contribute towards achieving a future with very young entrepreneurs at the centre.
  • An outline of the current obstacles and untapped potential of Africa’s labour market.

This Blueprint Report Explores Different Scenarios for the Future of Employment in Africa.

Scenario One: The current situation

The Status Quo sees incremental improvements in economic, political, and social conditions in Africa without any significant interventions or changes.

Scenario Two: The future we are headed towards

Leveraging Entrepreneurial Experience proposes accelerating employment through economic growth, higher levels of education, and investment in entrepreneurs, with a focus on older individuals who have already gained entrepreneurship experience.

Scenario Three: The future we need

The Very Young Entrepreneur Scenario proposes accelerating employment through economic growth, higher levels of education, and investment in entrepreneurs of all ages, but with a focus on VYEs. This scenario requires a longer time horizon but ultimately yields more benefits.

A Movement Towards Sustainable Employment On The African Continent

With limited opportunities to find employment in increasingly competitive economies, youth must explore alternatives to support their families and communities. Entrepreneurship offers significant opportunities for job creation. As such, it presents itself as a means of tackling unemployment over the long term.

The newsletter series will explore themes from the report, alongside other topics within the very young entrepreneurship ecosystem, in more detail.

Partners & Organisations Committed to Developing an Ecosystem Driven by the Very Young.

This report includes valuable insights into the forces that need consideration when developing an ecosystem that supports the very young and ultimately, this ecosystem will rely on inputs from all concerned.

The Anzisha Prize Team would like to thank those who have generously given their time and knowledge, which has made an invaluable contribution to this report.

The Latest Thinking On Issues Most Relevant To Youth Entrepreneurship

All of this work is a product of the Centre for Entrepreneurial Leadership at African Leadership Academy in partnership with Mastercard Foundation - our curriculum development, research and development hub. It has been contributed to by educators and experts both within the African Leadership Group and externally.

Our research & publications section explores themes from this report, alongside other topics within the very young entrepreneurship ecosystem, in more detai