Accra, March 18, 2018//-A report by the African Development Bank shows that the gap between the number of labour market participants and available wage job opportunities widens by approximately eight million annually.
Young Africans are disproportionately affected by the slow growth in jobs, and projections suggest that even under the most favourable growth conditions, less than a quarter of the roughly 350 million young Africans entering the labour force by 2035 will find wage employment in the formal sector.
In Ghana, over 1.2 million people from 15 years and older are estimated to be unemployed and active job seekers according to Ghana employment statistics.
Entrepreneurship, a vector of jobs, is a condition of stability and security
Ghana employment statistics also records that 10.5% of these unemployed persons end up going into entrepreneurship when they couldn’t find jobs. However, it is estimated that over 75% of startups fail within three years.
In a recent report published by Venture Capital for Africa (VC4A), of all the reasons that might cause an African startup to fail, respondents selected bad execution as the leading cause.
Student Entrepreneurship Week Ghana
To provide solution to this issue, SFAN is creating a phenomenal learning event that will bring together major players from Silicon Valley, the U.K, Nigeria and Ghana for a three-day mind-bending alternative education.
The goal of Student Entrepreneurship Week Ghana (SEWGH) is to enlighten enterprising young Ghanaians on how to build and grow sustainable businesses.
Participants will benefit from a range of insightful,high-level keynote sessions, panel sessions, masterclasses, office hours, and one-on-one mentoring sessionspresented by the best and brightestentrepreneurs and professionals.
The first two days of #SEWGH will be a confluence of education and entertainment and will be held at British Council Accra from 26 to 28 July 2018.
The event will culminate in SFAN Business Breakfast Meeting – The Graduation at Kempinski Hotel Gold Coast City, Accra on July 28. As part of the breakfast meeting, SFAN has partnered with Echo VC Partners to create a platform for Student Entrepreneurs with scalable businesses to compete in the Young Money Business Pitch leading to funding, businesses development support, and market opportunities.
Confirmed speakers include:
Professor Jarvis Anthony, Provost, Lancaster University
Gina Kloes, Game Changer, Leadership Expert, & Peak Performance Strategist
Abdullahi Muhammed, Forbes Contributor & CEO, Oxygemat
Afua Osei, Co-Founder, She Leads Africa
Liz Grossman, Co-Founder, Baobab Consulting
Josephine Faal, Founder, Smart & Savvy Women Ltd
Sam Carter-Mensah, Senior Experience Designer, Digital Mckinsey
Andy Mensah, Human Resource Partner, IBM Ghana Limited
Eric Osiakwan, Managing Partner, Chanzo Capital
Damilola Thompson, Corporate Counsel, EchoVC Partners
Leticia Browne, Director, Intelligent Capital Group
Bertha Logan-Owusu, Founder, Lumiere Couture
Kevin Nyame, Co-Founder, Meqasa
Dela A. Kumahor, Independent Consultant
William Senyo, Co-Founder/CEO, Impact Hub Accra
Timothy Kotin, Co-founder, Superfluid Labs
Edem Kumodzi, Senior Consultant, Andela
Sydney Sam, Founder, Workspace Global
Lakeshia Marie, Founder, Ford Communications
The theme of this year’s Student Entrepreneurship Week Ghana is ‘Unleashing Possibilities’
African Eye Report
