Here are some startling numbers: (1) almost half of the 10 million graduates churned out of over 668 universities in Africa yearly do not get jobs (Kelvin Balogun, President of Coca-Cola, Central, East and West Africa).
(2) The youth population in Africa is expected to double to 400 million people by 2045 (the World Bank).
(3) African youths are crossing the Sahara to get to the Mediterranean due to the lack of jobs. As a result, approximately 500 drownings are happening every single week (AfDB).
(4) In Ghana, over 1.2 million persons 15 years and older are estimated to be unemployed and active job seekers (Stats Ghana).
“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 3 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
SFAN is creating a phenomenal learning event that will bring together major players from Silicon Valley, the U.K, Nigeria and Ghana for a 3-day mind-bending alternative education on how enterprising young Ghanaians can 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 Software Engineer, Andela
Sydney Sam, Founder, Workspace Global
Lakeshia Marie, Founder, Ford Communications
More will be added soon…