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

The Global Goals for Sustainable Development

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

A Big Push for private investment in the SDGs: Action Packages

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

Target Groups and Delivery Channels

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

21