Archive for August 2017
Entrepreneurship, African Development and the Anzisha Prize
Young people represent the fastest growing demographic in Africa. Many are already economically active—some motivated by necessity to help their families. With access to the right opportunities, skills, mentors, social networks, technology, and finance, they have enormous potential to be a driving force for economic growth and social progress in Africa and beyond! Young entrepreneurs…
Read MoreAfrica’s Youth at the Forefront of Africa’s Digital Revolution
Disruptive digital innovation is transforming Africa’s economic potential, creating new target markets and unprecedented consumer choice. So how are Africa’s young entrepreneurs contributing and getting ahead of what is said to be the digital evolution in Africa? This year, The Anzisha prize is proud to announce 2 finalists that are riding the wave of the…
Read More3 things you need to know about the Rise of Youth Entrepreneurship in Africa
Did you know that Africa’s youth population is set to more than double by the year 2055? Yes, you read that correctly, double, in less than 40 years. Africa’s economy as a whole increased by 50% in contrast with a world average of 23 per cent. That’s why advancing youth entrepreneurship is a major priority for…
Read MoreStrong Anzisha applications and recent investments signal dynamism of African youth entrepreneurship sector
The 2017 application season was extremely strong and competitive for the Anzisha prize. Over 800 young entrepreneurs submitted applications from across the continent. These young entrepreneurs each represent impactful members of their communities driving local employment and economic activity. As mentioned in prior blog posts, Anzisha entrepreneurs continue to represent a broad range of industries…
Read MoreAfrica’s Young Entrepreneurs Take on Bold Challenges
Click here to view full matrix For the past 7 years, the Anzisha Prize has reviewed thousands of business ventures in order to find the top entrepreneurs between the ages of 15 to 22 across the continent. These very young entrepreneurs operate in well over 20 industries at a time with a wide range…
Read MoreFifteen Emerging Young African Entrepreneurs Will Put Their Talent to Work on the Continent
Hailing from 14 countries, promising finalists to share US$100,000 Anzisha Prize 2017, Africa’s premier award for her youngest entrepreneurs JOHANNESBURG, South Africa – Fifteen young African entrepreneurs have emerged as finalists from a field of more than 800 applicants for the seventh annual Anzisha Prize, Africa’s premier award for her youngest entrepreneurs. Supported by African…
Read MoreBe the 4 in 7: Build businesses that Create jobs
South Africa has a 27.7% unemployment rate, as of July 2017. This is almost 3 in 10 people without jobs who are actively looking for employment. Assuming that 1 person supports 10 immediate and extended family members, almost 30 in 100 people do not have financial means to support them. Amongst youth, this number is…
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