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Africa’s youth could hold the key to the continent’s future — but the continent’s high joblessness makes it critical that more are involved in entrepreneurship.
Yet a report published in the Harvard Business Review and the US National Bureau of Economic Research last year found that the typical successful entrepreneur is middle-aged, with the average age of a winning startup founder in the US at 45-years-old. Not exactly youthful.
It was a report that got many thinking. What then does this mean for Africa’s prospects? Does this mean investing in and supporting youth is a waste of time?
For African Leadership Academy (ALA) vice president for entrepreneurship and executive director of the Anzisha Prize Josh Adler (pictured above) the report sparked off heated discussions and exchanges at his academy.
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Featured image: African Leadership Academy (ALA) vice president for entrepreneurship and executive director of the Anzisha Prize Josh Adler speaking at one of the Anzisha Scenario consultative workshops.
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]