Anzisha Prize, which has essentially worked with Africaâs youngest entrepreneurs for the last decade, in conjunction with MasterCard Foundation, and African Leadership Academy recently released a report highlighting key lessons learned to navigate a future where the youth are job creators through entrepreneurship, Chiemelie Ezeobi reports
According to Abraham Lincoln âthe best way to predict your future is to create itâ. However cliche that might sound, this advice rings true today, especially for the youths given the alarming rate of unemployment.
For many, this is a call for the youth to take up the challenge and create the future they desire, not just by looking for jobs, but by creating employment for others too. Given that the government and the private sector are in many cases not anymore able to provide adequate employment opportunities, therefore, youth entrepreneurship plays a vital role in economic growth.
New Anzisha Prize Report indicates that young entrepreneurs are key to job creation
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A new impact report from the Anzisha Prize has revealed that young people’s inexperience is their greatest asset for being successful entrepreneurs who create jobs for their peers. The Anzisha Prize has worked with Africa’s youngest entrepreneurs for the last 10 years.
The new report also uncovered that today’s young Africans are three times more likely than the generation before them to be unemployed, and this was before the outbreak of the COVID-19 pandemic. This staggering statistic has informed the program’s work of building a movement of championing