Entrepreneurship in Africa: challenges and opportunities Fiorina - PowerPoint PPT Presentation

Entrepreneurship in Africa: challenges and opportunities Fiorina Mugione, Chief, Entrepreneurship Section November 2015

Contents  Post 2015 development agenda  SDGs: the investment needs  Investing in SDGs: an action plan  Entrepreneurship development

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

A look at the entrepreneurship challenges today THE STORY OF PETER: just a kid in Africa today 21 years: no advice: look for 25 years: dealing Peter 10 years 16 years: high school a job or start-up? with the admin 26 years: First start- Scared to fail 28 years: tough Peter 30 up HOT DOGS to access credit years

The UNCTAD Entrepreneurship Policy Framework comprises 6 areas that have a direct impact on entrepreneurial activity

Empretec Centers Worldwide GREENLAND ALASKA (USA) SWEDEN ICELAND RUSSIAN FEDERATION FINLAND NORWAY CANADA ESTONIA LATVIA DENMARK LITHUANIA REPULIC OF BELARUS IRELAND UNITED KINGDOM NETHERLANDS GERMANY POLAND BELGIUM CZECH UKRAINE REPUBLIC SLOVAKIA KAZAKHSTAN AUSTRIA MONGOLIA HUNGARY FRANCE SWITZ. ROMANIA ITALY UZBEKISTAN BULGARIA GEORGIA KYRGYZSTAN PORTUGAL SPAIN NORTH KOREA UNITED STATES of AMERICA GREECE TURKEY TURKMENISTAN TAHKISTAN SOUTH CHINA JAPAN KOREA SYRIA AFGHANISTAN IRAN TUNISIA IRAQ MOROCCO JORDAN ALGERIA PAKISTAN NEPAL LIBYA EGYPT WESTERN SAHARA SAUDI MEXICO ARABIA TAIWAN UAE INDIA OMAN VIETNAM CUBA MYANMAR MAURITANIA DOMINICAN REPUBLIC LAOS MALI NIGER CHAD SUDAN YEMEN THAILAND GUATEMALA HONDURAS SENEGAL PHILIPPINES EL SALVADOR NICARAGUA CAMBODIA BURKINA GUINEA COSTA RICA NIGERIA PANAMA VENEZUELA GHANA ETHIOPIA SRI COTE D’IVOIRE CENTRAL LANKA LIBERIA GUYANA AFRICAN REPUBLIC BENIN COLOMBIA FRENCH CAMEROON MALAYSIA SURINAME GUIANA SOMALIA UGANDA KENYA ECUADOR GABON CONGO DEMOCRATIC REPUBLIC OF CONGO TANZANIA PAPUA NEW GUINEA INDONESIA BRAZIL PERU ANGOLA ZAMBIA BOLIVIA MADAGASCAR ZIMBABWE MAURITIUS NAMIBIA BOTSWANA PARAGUAY AUSTRALIA REPUBLIC OF SOUTH AFRICA URUGUAY CHILE ARGENTINA NEW ZEALAND

Business Linkages: Objectives • 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.

Target Groups and Delivery Channels

Building an innovative and entrepreneurial African continent by 2030 THE STORY OF PETER BY 2030 21 years: Bootcamp on 25 years: Public 16 years: Peter-10 Years Entrepreneurship and Private Partnership Development of Innovation improving business entrepreneurial environment competencies Network 28 years: Information Peter- 30 years 29 years: Access support to create innovative to Finance Entrepreneur start ups

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