Why Africa’s Young Entrepreneurs Are the Key to Diversified Growth

President Barack Obama at the Global Entrepreneurship Summit, Nairobi, July 25, 2015 (AP photo by Evan Vucci).
President Barack Obama at the Global Entrepreneurship Summit, Nairobi, July 25, 2015 (AP photo by Evan Vucci).

NAIROBI, Kenya—When U.S. President Barack Obama attended the Global Entrepreneurship Summit in Nairobi, Kenya, in July 2015, it helped place Africa in the global limelight as an emerging entrepreneurship hub. At the event, global leaders, business executives, mentors, young entrepreneurs and high-level government officials reiterated the crucial role of entrepreneurship in economic development, creating new jobs, driving technological innovations and enhancing economic growth. Many speakers specifically called for African governments to put in place strategies to support the growth of enterprises. Africa is already taking advantage of its youth demographic dividend to push young entrepreneurs to contribute to the continent’s […]

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