Transforming the African entrepreneurship ecosystem through system change

The African continent needs to create between 12 – 15 million jobs annually to absorb young people who are entering the labour market. Therefore, the profound transformation that the African entrepreneurship landscape has been undergoing is encouraging. Africa has one of the highest rates of entrepreneurship. Over 20% of working-age Africans started a new business and around 75% of young people plan to start one within five years.