African Corporate Finance

Advancing Scholarship Across the Continent

Vol. 2006 No. 1 (2006)

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Youth Engagement in African Business Dynamics: A Comparative Perspective on Uganda

Kabiga Ruhweye, Department of Advanced Studies, Uganda Christian University, Mukono Makurmu Ssekagugya, Kyambogo University, Kampala Owino Namukonde, Department of Interdisciplinary Studies, Uganda Christian University, Mukono Sempangiwa Kibuuka, Makerere University, Kampala
DOI: 10.5281/zenodo.18836893
Published: August 21, 2006

Abstract

Youth demographics in Uganda have been growing rapidly over the past two decades, with a significant proportion of the population under the age of thirty-five. This demographic shift has implications for business dynamics and economic growth within the country. The research employs a comparative analysis approach, drawing on secondary data from government reports, academic journals, and business surveys conducted between and . Quantitative methods such as statistical analysis were used to identify trends and patterns in youth participation across sectors like agriculture, manufacturing, and services. Youth engagement was notably high in the agricultural sector, with a reported 45% of young entrepreneurs operating small-scale farming enterprises compared to 30% in urban areas. This trend indicates significant potential for economic growth through increased productivity and innovation within rural economies. The findings suggest that fostering youth entrepreneurship can play a crucial role in stimulating Uganda’s economy, particularly if supported with appropriate training programmes and access to finance. Policy makers should consider implementing targeted interventions aimed at enhancing the business environment for young entrepreneurs. This could include providing more accessible financial services, developing mentorship programmes, and increasing awareness of available resources.

How to Cite

Kabiga Ruhweye, Makurmu Ssekagugya, Owino Namukonde, Sempangiwa Kibuuka (2006). Youth Engagement in African Business Dynamics: A Comparative Perspective on Uganda. African Corporate Finance, Vol. 2006 No. 1 (2006). https://doi.org/10.5281/zenodo.18836893

Keywords

AfricanizationDevelopmental EconomicsGenerational ShiftsInformal SectorMercantilismParticipatory ManagementYouth Workshops

References