Including Women and Youth in Business and Entrepreneurship
As part of the research project on Economic Inclusion of Youth and Women through Inclusive Entrepreneurship in Kenya, Ivory Coast and Burkina Faso, KIPPRA held a dissemination workshop in Nairobi on 10th of April 2019.
Themed “Pathways to Inclusion: Creating Inclusive Businesses and Markets for the Future,” the workshop was meant to disseminate preliminary findings of the ongoing research project. The project, which is funded by Canada’s International Development Research Centre (IDRC), is conducted by KIPPRA in coloration with Economic Policy Analysis Unit of CIRES (CAPEC) of Cote D’Ivoire and Laboratory of Quantitative Analysis Applies to Development – SAHEL (LAQAD-S) of Burkina Faso. The preliminary findings were presented by PhD students and assistant researchers from the three institutions, including Hannah Wang’ombe and Juliana Mbithi from KIPPRA.
Speaking during the workshop, the KIPPRA Executive Director Dr Rose Ngugi noted that creating a business environment that will promote inclusive business was the prime role of this project. She added that public policy played a key role in creating an enabling environment for inclusive business – an extension of the role played by the private sector, which moves from only profit maximization to ensuring the economic welfare employees.
Dr Ngugi said there was need to utilize the existing affirmative platforms to facilitate the BoP’s involvement and integration in various business value chains, adding that the inclusion of people with disabilities will be a key focus area in future research.
The CAPEC Director of Prof. Ahoure Alban said the project would play a key role in empowering the BoP.
African Economic Research Consortium (AERC) Executive Director Prof. Njuguna Ndung’u highlighted the importance of social value creation and its role in enhancing inclusive finance. He added that the BoP has unique and complex finance needs, which are not effectively addressed.
The main objective of the study was to establish inclusive business practices in the three countries and evaluate the impact on youth employment, women empowerment and firm’s performance. The findings from this study are essential in informing policy and present interesting lessons for the private sector.
Other institutions represented include: Uwezo Fund, Kenya Tea Development Agency (KTDA), National Council for Persons with Disabilities, Ministry of Public Service, and Youth and Gender Affairs.
By Jane Kenda and Owen Kimani