Before Geraldo Basilua joined an UNCTAD Empretec entrepreneurship training course in 2018, he and a friend were operating an informal beverage business, earning about $150 a month – barely enough to make ends meet in Angola’s capital Luanda. He now runs a formally registered business providing agribusiness training and consulting in the southern African nation’s northern provinces. And the revenue from his entrepreneurial activities has grown more than twentyfold.
Sustainability and local ownership are two key challenges facing international development projects. Often, when a project ends and the implementing institution leaves, activities on the ground wind down, too.