entrepreneurship in africa: challenges and opportunities
TRANSCRIPT
Entrepreneurship in
Africa: challenges and
opportunities
Fiorina Mugione,
Chief, Entrepreneurship Section
November 2015
Post 2015 development agenda SDGs: the investment needs Investing in SDGs: an action plan Entrepreneurship development
Contents
Investment gap to deliver the SDGs
Estimated annual investment needs in key SDG sectors, 2015–2030 (Trillions of dollars, annual average)
1.4
Source: World Investment Report 2014
Peter 30 years
Peter 10 years 16 years: high school 21 years: no advice: look for
a job or start-up? 25 years: dealing with the admin
26 years: First start-up HOT DOGS
28 years: tough to access credit
Scared to fail
THE STORY OF PETER: just a kid in Africa today
A look at the entrepreneurship challenges today
The UNCTAD Entrepreneurship Policy Framework
comprises 6 areas that have a direct impact on
entrepreneurial activity
UNITED STATES of AMERICA
CANADA
ALASKA (USA)
MEXICO
COLOMBIA
VENEZUELA
BRAZIL
PERU
BOLIVIA
HONDURAS
NICARAGUA
ECUADOR
GUYANA
SURINAME
FRENCH
GUIANA
COSTA RICA
PANAMA
GUATEMALA
CUBA
PARAGUAY
ARGENTINA
URUGUAY
CHILE
GREENLAND
ICELAND
UNITED
KINGDOM
REPULIC OF
IRELAND
NORWAY
SWEDEN
FINLAND
DENMARK
ESTONIA
LATVIA
LITHUANIA
POLAND
BELARUS
GERMANY
CZECH
REPUBLIC
NETHERLANDS
BELGIUM
FRANCE
SPAIN
PO
RT
UG
AL
SWITZ.
AUSTRIA
SLOVAKIA
HUNGARY
ROMANIA
BULGARIA
ITALY
UKRAINE
TURKEY GREECE
SYRIA
IRAQ
SAUDI
ARABIA
YEMEN
OMAN
UAE
EGYPT LIBYA
ALGERIA
MOROCCO TUNISIA
WESTERN SAHARA
MAURITANIA
MALI
NIGER CHAD
SUDAN
ETHIOPIA
SOMALIA UGANDA
SENEGAL
GUINEA
LIBERIA
COTE
D’IVOIRE
BURKINA
GHANA
NIGERIA
CAMEROON
CENTRAL
AFRICAN REPUBLIC
GABON CONGO
DEMOCRATIC
REPUBLIC OF
CONGO
KENYA
TANZANIA
ANGOLA
ZAMBIA
NAMIBIA
BOTSWANA
ZIMBABWE
REPUBLIC
OF SOUTH
AFRICA
MADAGASCAR
RUSSIAN FEDERATION
KAZAKHSTAN
GEORGIA
IRAN
UZBEKISTAN
TURKMENISTAN
AFGHANISTAN
KYRGYZSTAN
TAHKISTAN
PAKISTAN
INDIA
CHINA
NEPAL
MYANMAR
THAILAND
SRI
LANKA
MONGOLIA
NORTH
KOREA
SOUTH
KOREA JAPAN
TAIWAN
CAMBODIA
LAOS
VIETNAM
PHILIPPINES
MALAYSIA
INDONESIA
PAPUA
NEW GUINEA
AUSTRALIA
NEW
ZEALAND
EL SALVADOR
DOMINICAN REPUBLIC
MAURITIUS
BENIN
JORDAN
Empretec Centers Worldwide
• Generate additional economic activity
• Stimulate improvements in the products and services of local
suppliers (domestic sales to TNCs perform the role of exports in
terms of building local competitiveness).
• Giving local suppliers a foothold in international markets with
products meeting international production and quality standards.
• Attract FDI by offering a local supplier base capable of offering
quicker delivery times, reduced transportation and inventory costs.
Business Linkages: Objectives
Peter- 30 years Entrepreneur
Peter-10 Years 16 years: Development of entrepreneurial competencies
21 years: Bootcamp on Entrepreneurship and
Innovation
25 years: Public Private Partnership improving business
environment
28 years: Information to create innovative
start ups
29 years: Access to Finance
Network support
THE STORY OF PETER BY 2030
Building an innovative and entrepreneurial African continent by 2030