INVESTING IN AFRICAN STARTUPS
The African Development Bank forecasts that Africa’s youth population will reach 850 million by 2050, with 60% of the continent’s population under.
Analysts believe Africa’s growing youth population allows it to address its long-term development issues and harness its young people’s creativity and innovation to drive economic transformation.
Mthoba Chapi, regional communication officer for the Friedrich Naumann Foundation for Freedom, says the foundation has launched an initiative to encourage investment in African startups.
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