OUR GROWING IMPACT
We work with governments, DFIs and local licensees to build the African entrepreneurial ecosystem.
Uplifting the economy in Africa
Raizcorp is rolling out our world-renowned model across Africa and beyond. We are looking for partners (DFIs, multinationals, corporates) and local Raizcorp licensees.
Africa represents the paradox of both crisis and opportunity. The continent is battling to catch up with its infrastructure backlog, struggling to supply sustainable energy to its growing economies, and is becoming overwhelmed by a massive youth-unemployment problem. Corporate enterprises in Africa have limited capability to absorb employment and so entrepreneurship is seen as one of the most important tools for generating economic growth, solving economic problems and employing the youth.
In excess of 90% of the small businesses operating in Africa are informal, representing survivalist trading in goods and services on a micro-level. Of those small businesses operating formally, 96% fail within a ten-year period with over 50% failing within the first two years.
Contexts in which Raizcorp operates
The urban context usually comprises high levels of economic activity, high levels of available skills and a complex supporting entrepreneurial ecosystem. As such, the Raizcorp models generally used in the urban context are Prosperators, Technibators and schools.
These are usually smaller towns with low yet significant economic activity, a lower abundance of skills and a rudimentary entrepreneurial support ecosystem. Raizcorp generally makes use of its Prosperator, Beacon and school models in this type of context.