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We have an imperative to pursue the African Leadership Academy’s (ALA) Anzisha Scenario, Junior Achievement CEO Elizabeth Bintliff has said.
ALA’s Anzisha Scenarios green paper proposes tackling youth employment through economic growth, higher levels of education and investment in entrepreneurs of all ages, but with a special focus on very young entrepreneurs.
Bintliff (pictured above), speaking in a panel discussion at the Very Young Entrepreneur Education & Acceleration Summit in Johannesburg last month, pointed to how the number of jobs created each year in Africa has failed to keep track with the number of African youth graduating from school. While 11 million young people graduate every year from schools on the continent, just three million jobs are being created.
She said it took the average young African person about six years to land their first job. As a result young people are becoming entrepreneurs by necessity because they are unable to find work.
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Featured image: Junior Achievement CEO Elizabeth Bintliff (Supplied)
The Anzisha Prize seeks to fundamentally and significantly increase the number of job generative entrepreneurs in Africa, and is a partnership between African Leadership Academy and Mastercard Foundation. Through Ventureburn, they hope to share inspirational and relatable stories of very young (15 to 22 year old) African entrepreneurs and the people that support them. [learn more]