ECA encourages youth entrepreneurship in Cameroon | Division for Inclusive Social Development (DISD)

A total of ten young entrepreneurs in Cameroon are going into business this week thanks to collateral-free loans they won at the end of an entrepreneurship event that received the technical support of the Economic Commission for Africa.

The ten were selected after a rigorous business-plan review during the Second International Summit and Entrepreneurship and Job Creation organised by the Youth Employment Service (YES) – Cameroon from 18 to 21 November 2014, in Yaounde. The Loans have been provided by the Mutuelle d’Epargne et de Crédit pour le Développement de l’Entreprenariat des Femmes et des Jeunes au Cameroun (MUDEF) that worked alongside YES Cameroon and ECA during the Summit.

Among the projects that go into business are a virtual bus-ticketing booking service (which would be a first in Cameroon), a natural fruit panache business that will use seasonal fruits to naturally fight matching seasonal pathogens, a massive maize (and other crops) farming scheme and a financial consultancy to help start-ups keep the momentum in business.

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