Promote Youth Entrepreneurship in Africa

by TechnoServe

Summary

TechnoServe is helping a pool of young, future entrepreneurs in Swaziland create successful businesses that will generate economic growth and employment in this poverty-stricken nation.
$255
total raised
7
donors
0
monthly donors
8
years active

Challenge

The burden of turning around Swaziland’s economic fortunes rests on its youth. In Swaziland, 50% of the population is under the age of 19. Unemployment rates are nearly 50%. The dominant local export industries--textile, sugar cane, and mining--are declining due to global competition. Annually over 10,000 school leavers attempt to join the already-flooded labor market that can absorb less than 2,000 new entrants into the formal employment economy.

Solution

TechnoServe is implementing a youth entrepreneurship program aimed at developing young people’s business skills. Currently we are piloting the program in secondary schools, and will eventually roll out the program to nearly 7500 students.

Long-Term Impact

TechnoServe’s youth entrepreneurship program will create an entrepreneurial culture among Swazi youth and will push students to seek further education and/or start a business.

Additional Documentation

This project has provided additional documentation in a Microsoft Word file (projdoc.doc).

Resources

http:/​/​www.technoserve.org/​work_impact/​locations/​swaziland.aspx
TechnoServe Swaziland home page
TechnoServe and Developing Entrepreneurs

Organization Information

TechnoServe

Location: Norwalk, CT - USA
Website: http:/​/​www.technoserve.org
TechnoServe
Project Leader:
Jessica Joye
Marketing Communications Coordinator
Washington, DC United States

Retired Project!

This project is no longer accepting donations.
 

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