The Africa Centre for Entrepreneurship and Youth Empowerment (ACEYE) is set to launch its maiden Regional Entrepreneurship Freedom Index report today, November 19, 2021.
The event which is scheduled to place at the Stanbic Business Incubator in Accra will host policymakers, leaders of think-tanks, development partners, the diplomatic community, civil society as well as the media on the need for entrepreneurial freedom.
According to Aceye, “Ghana needs a conversation centered on entrepreneurial freedom in which businesses and individuals are free to work, produce, consume, and invest in any way they please. By launching the report, first of its kind, the Africa Centre for Entrepreneurship and Youth Empowerment (ACEYE) attempts to shed light on where such freedoms do and don’t exist regionally. This is to ensure the rewards of freedom are evenly distributed.”
According to the World Bank, Ghana’s unemployment rate hovers around 12% and underemployment hovers around 50%.” Young people are the most affected and the successive governments’ interventions have not yielded any substantial result in dealing with this problem.
ACEYE is of the view that regardless of various support schemes by the government to support entrepreneurs, businesses are generally not having the liberty to operate freely. This has led to severe economic hardships and tensions, thwarting Ghana’s peace and stability. Hence, the need for an entrepreneurship freedom index
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