Creating Jobs, Alleviating Poverty

Uganda, in East Africa, has more startups than any other country in the world, but they’re driven by necessity. The number of young people searching for work dramatically exceeds the number of jobs available. When an entrepreneur does get a business running, it’s challenging to find funding, talent, and overcome a culture of informality where deals are made with a handshake. A group of entrepreneurs, investors, and nonprofits is looking to change the ecosystem to one that supports entrepreneurs. The goal: to lift people out of poverty. The Aspen Institute program ANDE, or the Aspen Network of Development Entrepreneurs, is driving this effort.

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