Categories: Business Plans

Nigeria, Uganda, Malawi and 4 Other African Countries Have A Higher New Business Ownership Rate Compared to BRICs

Nigeria, Uganda, Malawi and 4 Other African Countries Have A Higher New Business Ownership Rate Compared to BRICs

A survey was done across 70 different countries to establish the state of entrepreneurship, by the Global Entrepreneurship Monitor

(GEM). GEM measured the countries yearly growth in terms of entrepreneurial activities using the numbers of new business ventures that were started within the last 3 to 42 months ago. Out of the 70 countries survey, 11 countries were from the African continent.

The report of the survey showed that Nigeria, Uganda, Malawi, Zambia, Ghana, Angola and Namibia have a higher new business ownership rate, compared to Brazil, Russia, India and China (BRIC).

Among the leading newly established business ventures, Ghana’s ClaimSync and Dropifi have the broadest media acclaim. For more details on this report follow this link

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Felix Omondi

Kenyan citizen with a passion for writing for as long as I can remember. In my spare time, I like to blog and read up on trends that's happening around the world.

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