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Unlocking peer to peer employment growth
Thousands and in some countries millions of people are going to be left jobless as an effect of the Covid-19 pandemic, but could this present an opportunity to unlock peer to peer employment growth? Josh Adler, Executive Director at Anzisha Prize joined CNBC Africa for more.
Wed, 03 Jun 2020 03:39:22 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Young entrepreneurs in Africa can drive peer-to-peer employment growth and create job opportunities for their peers.
- The resilience and risk-taking nature of young entrepreneurs make them ideal candidates to lead employment initiatives.
- Challenges such as lack of policy support and financial resources need to be addressed to fully harness the potential of peer-to-peer employment.
The COVID-19 pandemic has left thousands and, in some countries, millions of people jobless. However, this crisis also presents an opportunity to unlock peer-to-peer employment growth. Josh Adler, the Executive Director at Anzisha Prize, has been leading efforts to shed light on young entrepreneurs in Africa and their transition from school to entrepreneurship. This research aims to provide insights into how supporting young entrepreneurs can create employment opportunities, especially for their peers. By investing in very young entrepreneurs, who are more open to risk and resilience, more young people can find work through peer-to-peer employment. Many young entrepreneurs hire their peers, making this a logical solution to combat youth unemployment. This approach not only supports job creation but also fosters a sense of camaraderie and teamwork among young individuals. Despite facing challenges such as lack of policy support and financial resources, young entrepreneurs have demonstrated the potential to drive economic growth and create substantial employment opportunities. Anzisha Prize, with a presence in over 40 African countries, aims to continue identifying and empowering young leaders who can serve as role models for others. By highlighting the success stories of young African entrepreneurs, the organization hopes to inspire and encourage more young people to pursue entrepreneurship as a viable career path.
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