The number of youth entrepreneurs in South Africa may have dropped, but it is notable that more than 50% of entrepreneurs are youth. Also notable is the rise in the number of female entrepreneurs.
More than half of the South Africans who run their own businesses are youth, according to the Real State of Entrepreneurship Survey 2017, undertaken by the Seed Academy. More than 1,200 entrepreneurs took part in the research project.
Its findings also showed that the gap between male and female entrepreneurs was closing, with the latter now making up 47% of entrepreneurs.