Entrepreneurs who are most driven by their passions for transforming societies with innovative ideas, have been the engine for creating new jobs, generating revenue and advancing innovation. Certainly, entrepreneurship is the future.
One of Africa’s most illustrious entrepreneurship networks, Africa’s Young Entrepreneurs (A.Y.E) has taken a giant leap in global rankings of entrepreneurship networks to become Africa’s first-ever largest entrepreneurship network in the world.
According to Global Entrepreneurship Institute (GEI), an American-based and globally trusted source for supporting 500.000 entrepreneurs across 195 countries, the Nigerian entrepreneurship network, A.Y.E is now the world’s largest network of entrepreneurs.
This announcement was made in a statement signed by a GEI Director, Jamie Olson: “Further to your database verification and empowerment programs submitted, please be informed of our recent listing of your organisation under the ‘sevens entrepreneurship organisation with global impact’ as the largest entrepreneurship network in the world.”
Africa’s Young Entrepreneurs is a South African-based entrepreneurship network organization founded by Nigerian entrepreneur, Summy Smart Francis. The organization facilitates intra-trade among African entrepreneurs in some 19 countries across the continent. It is also Africa’s largest economic group having more than 12 million Pan-African entrepreneurs.
Since its launching in 2010, Africa’s Young Entrepreneurs has invented world-wide entrepreneurship programs including Harvest Africa (A program that showcases investment opportunities in Africa), AYEEP (Africa’s Young Entrepreneurs Empowerment Program), AYESA (Africa’s Young Entrepreneurs Student Association), MY MENTOR & ME (an online mentorship platform) as well as a newly launched entrepreneurship reality television show.
This network of African entrepreneurs have also initiated a philanthropic venture called ‘Empower Borno’ – a partnership with the Borno state government of Nigeria, set up for the empowerment and redevelopment of the internally displaced victims of the Boko Haram insurgency.
With over 500 million people engaged in some form of entrepreneurial activity each year, and having the largest network of entrepreneurs in the world, Africa is on its way of becoming the new home for startups.