Digital pan-African platform for young entrepreneurs launches in West and North Africa

December 7, 2018

Photo: Aude Rossignol/UNDP


Lagos, Nigeria -
The United Nations Development Programme (UNDP) and Accenture announced the launch of YAS! (Youth for Africa and Sustainable Development Goals, a pan-African entrepreneurship portal-platform) with a two-day programme in Lagos.  The Portal-Platform addresses four main pillars of the entrepreneurship ecosystem: Information, Mentorship, Funding and Network.

“Africa’s entrepreneurial space is advancing rapidly - however, success stories are often isolated and commonly found only on the national or regional level”, according to Lamin Momodou Manneh, UNDP’s Regional Director. “In North and West Africa, Nigeria and Egypt are taking a lead role while other localities remain marginalized. YAS! will help to scale these efforts across the region – and the entire continent – to improve on the individual achievements and make them collective.”

YAS! is an initiative of UNDP, developed by its Regional Service Centre for Africa (RSCA) and powered by Accenture that aims to connect entrepreneurs to the resources they need to develop and grow their ideas or businesses. Users can interact on the platform, leveraging features such as learning, an ecosystem map, and information around opportunities for funding youth development.

The activation, which will take place on the 10th and 11th of December 2018, in Lagos, will be a two-day programme, where entrepreneurs, mentors, investors, corporates and donors will discuss entrepreneurial topics, attend workshops and network.

Day 1 will comprise panel discussions, workshops and a shark tank. On Day 2, there will be a hackathon, where entrepreneurs will learn about emerging technologies such as blockchain, big data & analytics, virtual reality, internet of things, artificial intelligence and industry X.0. They will also attempt to incorporate these emerging technologies into their solutions.

“Youth entrepreneurship is very important to the growth of the African economies, said Rory Moore, Liquid Studio Director and Innovation Lead, Accenture Africa. The more youth are empowered to create sustainable businesses, the more jobs are created. The YAS! Platform is committed to empowering youth with skills, funding and mentorship support to help them grow and scale.”-

About YAS!

YAS! is a portal-platform for Africa’s young entrepreneurs. The portal-platform supports the development and growth of youth entrepreneurship by providing the following pillars of support:

LEARN

Learning to help entrepreneurs begin their journey by providing the answers on the key concepts relevant to enterprise development.

ECOSYSTEM MAP

An eco-system map so that entrepreneurship stakeholders across the board - from corporates to entrepreneurs - can locate the different entrepreneurial eco-system service providers.

CHALLENGES

Challenges to award financing for youth to develop or scale and implement their innovations to achieve the Sustainable Development Goals (SDGs) as defined by the United Nations. The SDGs focus on ending poverty, protecting the planet and ensuring that all people everywhere enjoy peace and prosperity.

OPPORTUNITIES

Opportunities to learn more about funding and networking relevant for the entrepreneurship eco-system.

For more information, please contact:
Lucky Musonda, UNDP Nigeria, +234 812 949 2749, lucky.musonda@undp.org

Rosemary Musumba, UNDP RSCA Addis Ababa, + 251 953 85 2763, rosemary.musumba@undp.org