Monday
March 9
2020

If Given $100, Half of Young Africans Would Use It to Start a Business, Survey Says

By Vicky McKeever

Around half of young people across Africa said that if they were offered $100, they would use it to start a business, a survey has shown.

This entrepreneurial spirit was revealed in a study by the Ichikowitz Family Foundation charity, with just over three-quarters of the 4,200 youngsters surveyed saying they would like to start a new business in the next five years.

Some 17% of those questioned said they wanted to do so in the retail sector, while 10% of respondents said they would look to either start a business in technology or agriculture.

Photo courtesy of Jürg Stuker.

Source: CNBC (link opens in a new window)

Categories
Entrepreneurship
Tags
emerging markets, entrepreneurship, social enterprise, social entrepreneurship, youth employment