16
Mar
Africa’s youth are brimming with entrepreneurial ambition. Yet, despite an estimated 75% aspiring to start businesses, most face significant barriers that prevent them from turning ideas into thriving enterprises. Limited access to finance, weak support systems, and restrictive regulatory environments force many into “survival” businesses, ventures born of necessity rather than opportunity. These businesses rarely scale, generate few jobs, and contribute minimally to long-term economic transformation. Lastly, and as a long-term consequence: it might generate precarious and informal jobs. Read more