October 6, 2017 - PEP researcher, Dr Abdoulaye Seck, presented a paper at the Eighth Annual Conference on Business and Entrepreneurship in Africa. The conference theme was “The Big Emerging Continent: The Rise of Africa – Challenges and Opportunities.”
Dr Seck presented his conclusions regarding “Evidence-based policy options for promoting youth and female entrepreneurship” as part of a session on Women and Youth Entrepreneurship and Business Financing. Dr Seck’s paper draws on findings from 8 PEP-PAGE projects, including his own (Female entrepreneurship, access to credit, and firms' performance in Senegal), to highlight ongoing knowledge gaps and recommended policy options.
In particular, Dr Seck discussed how credit access and attitude to risk affect women and youth entrepreneurs. He explained that while direct, taste-based discrimination is very rare, women and youth are likely to experience indirect discrimination due to their choice of business activities and risk profile. For example, women and youth often cannot meet collateral requirements as land and property rights tend to favour adult men.
As women and youth remain less involved in entrepreneurship than adult men, Dr Seck highlighted the need for policies to address indirect discrimination.
The conference was attended by academic researchers, business professionals and government officials from around the world. It provided a unique forum for participants to meet and discuss their current work on business and entrepreneurship in Africa. Through paper presentations, panel discussions, keynote addresses and other planned information sharing platforms, the conference aims to provide an understanding of the pivotal role of entrepreneurship in Africa’s economic and social development.
Dr Seck was able to attend the conference thanks to financial support from PEP. He had previously presented these findings during the high-level Policy Forum at PEP’s 2017 Annual Conference in Nairobi, Kenya, in June.
The Eighth Annual Conference on Business and Entrepreneurship in Africa was hosted by the Africa Business and Entrepreneurship Research Society (ABERS) and the Center for International Business Advancement (CIBA) at the Virginia Commonwealth University (VCU). The conference was held October 4-7, 2017, in Richmond, Virginia, USA.