Stars From All Nations (SFAN) has announced the launch of Student Entrepreneurship Week to call for youth entrepreneurs in Africa.
The initiative is part of the mission to reduce the unemployment rate in the continent which nearly 50% of graduates have less access to sustainable employment.
Demographically, Africa has around 60% of the youth population under the age of 35. According to experts, youth entrepreneurship is one of the ways out of the economic crisis on the continent. Nevertheless, it’s predicted that around 90% of African startups to fail within three years.
Therefore, SFAN has initiated the Student Entrepreneurship Week Pan-Africa in order to help to assist entrepreneurs to access knowledge and tools for creating sustainable businesses. Furthermore, it also a platform to expose undiscovered talents, good quality networking, as well as startup funding.
This Pan-African edition event was held at British Council Accra, facilitating around 400 participants and inviting notable speakers from Silicon Valley, the UK, Nigeria, and Ghana. It was organized under the theme: Unlocking Entrepreneurial Potentials of Young Africans for Job Creation. The initiative is aligned with the UN Sustainable Development Goals 1, 4, and 8.
Speaking for the Student Entrepreneurship Week launch, Tom-Chris Emewulu, Founder and President of SFAN said: “We are excited to create an experiential learning event that will help high potential creators and innovators on the continent launch their businesses. We are also thrilled to be launching the Student Entrepreneur of the Year Award which will recognize the work of select young innovators on the continent.
This is the first Student Entrepreneurship Week Pan-Africa and as per usual with SFAN events we have a remarkable lineup of speakers, and participants will have the opportunity to pitch their businesses to investors for funding. Already, we have funders looking to invest up to $10k in high-potential, student-led businesses.”
The program provides the best mentors, investors, corporate professionals, community leaders, and startup entrepreneurs who will support students in building their business model.