Youth unemployment in Africa is critical. And now, as a result of COVID-19, millions more jobs have been lost. As a way of surviving the crisis, can you generate your own job you care passionately about and considered entrepreneurship as a career option?
According to the African Development Bank, 22-27% of Africa's working-age population are starting enterprises. This is the highest entrepreneurship rate in the world.
You already have the key ingredient you need to be a successful entrepreneur – your creativity and imagination. Combined with new digital and communication technology, you now have a competitive advantage over large corporations and stand a real chance of success.
To enter the Young Entrepreneurs challenge, describe your best business or non-profit enterprise idea in less than 1,000 words. If you wish, add pictures and videos to help our judges better visualise your idea.
Search your creative mind and experiment with possibilities. Do not hold back or criticise your ideas. Remember, with creative thinking there is no idea that is ‘too wild’, ‘absurd’, ‘impossible’ or ‘half-baked’.
Your ideas will be judged on their creativity and innovation. That is - how original, new, inventive and groundbreaking they are.
These ten questions can help you to think about your business plan:
If you have any questions about any of the above, please let us know and our team will be happy to help!
You can also enter the other challenges here: