Africa’s Entrepreneurial Spirit

Decent jobs are so scarce in Africa that many people create their own. Surveys by the Global Entrepreneurship Monitor find that one in three working-age adults in sub-Saharan Africa either runs a new business or is trying to start one, compared with one in six Americans and one in 20 Germans. In Tanzania informal firms created four-fifths of new non-farm jobs between 2002 and 2012.

SOURCE: THE ECONOMIST

Posted inNEWS