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X-WR-CALNAME:Denis & Lenora Foretia Foundation | Catalyzing Africa's Economic Transformation
X-ORIGINAL-URL:https://www.foretiafoundation.org
X-WR-CALDESC:Events for Denis & Lenora Foretia Foundation | Catalyzing Africa's Economic Transformation
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DTSTART:20230101T000000
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DTSTART;TZID=UTC:20240301T150000
DTEND;TZID=UTC:20240301T160000
DTSTAMP:20250127T105526Z
CREATED:20250127T105526Z
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UID:10000370-1709305200-1709308800@www.foretiafoundation.org
SUMMARY:Entrepreneurship\, Stakes\, and Challenges in Reducing Unemployment and Underemployment of Youths in Cameroon.
DESCRIPTION:SMALL BUSINESS AND ENTREPRENEURSHIP CENTER (SBEC) WEBINARMarch 1st 2024\, 03 :00 pm (Cameroon Time) \nBackground \n“Youth unemployment is a time bomb”(Alexander Chikwanda\, former Zambian Minister of Finance)\, this quote alone explains the importance attached to the fight against youth unemployment and underemployment by African governments. According to the World Bank\, young people account for 60% of Africa’s unemployed. In Cameroon\, the unemployment and underemployment rates are reported at 3.3%\, based on the National Institute of Statistics (INS) Third Survey on Employment and the Informal Sector in Cameroon (EESI3) conducted in 2023\, with an overall working population of 54.2%. Within this working population\, 50.9% are employed\, while the underemployment rate has already reached 65% (INS\, 2021).\nEntrepreneurship is one of the possible solutions to this problem\, given the limited capacity of African governments\, including Cameroon\, to absorb the majority of young people into the civil service. Furthermore\, entrepreneurship plays a crucial role in alleviating poverty. However\, the process of business creation and development with the aim of reducing unemployment and underemployment in the country requires an enabling environment that provides sufficient physical\, financial\, human\, informational and relational resources and ensures their quality and quantity. The SBEC Department of the Denis & Lenora Foretia Foundation is organizing a webinar on this topic with the aim of strengthening the entrepreneurial ecosystem in Cameroon to play its part in reducing unemployment and underemployment\, under the theme: Entrepreneurship\, Stakes and Challenges in Reducing Youths Unemployment and Underemployment in Cameroon. \nObjectives  \nThe main objective of this webinar is to strengthen Cameroon’s entrepreneurial ecosystem to better address youth unemployment and underemployment. The specific objectives are as follows: \nOutline strategies to overcome the challenges of entrepreneurship development in Cameroon\nPromote youth entrepreneurship and self-employment\nEvaluate the effectiveness of existing policies for the fight against unemployment and underemployment of youths in Cameroon. \nTarget audience \nThis event is open to Students\, Entrepreneurs\, Public and Private SME Support Structures\, Civil Societies\, Policy Makers\, Financial Institutions\, Investment Promotion Institutions\, International Organization for Cooperation and Development\, Business Consulting Firms and the general public. \nContact  \nEmail: info@foretiafoundation.org  / Tel: (+237) 22 31 15 84 / 654 86 72 54\nREGISTER NOW
URL:https://www.foretiafoundation.org/events/entrepreneurship-stakes-and-challenges-in-reducing-unemployment-and-underemployment-of-youths-in-cameroon/
LOCATION:Zoom Online
CATEGORIES:Events,Small Business & Entrepreneurship Center,webinar
ATTACH;FMTTYPE=image/png:https://www.foretiafoundation.org/wp-content/uploads/2024/02/SBEC-square-webinar-banner_French-1.png
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