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Youth Entrepreneurship as Pathway to Africa’s Development: The GAIN Experience

Article by Grand Africa Initiative (GAIN)

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Chinwe Okoli, Executive Director of GAIN
Chinwe Okoli, Executive Director of GAIN

The greatest asset of any nation is a well-educated and empowered youth. The youth are enthusiastic, curious, creative and innovative.

At this stage, they have the capacity and tenacity to pursue their dreams and attain great heights, however, guidance is important to how this creativity is unlocked. In Africa, young people face a number of challenges, including high levels of youth unemployment.

Youth unemployment inhibits sustained economic growth and development especially in developing countries. In the report on “Global Employment Trends for Youth” by the  International Labor Organization (ILO) published in 2015,  over 169 million working young people earn less than US$2 per day in developing countries. Africa’s youth population is the youngest in the world and is expected to double within the next decade. This will pose a major problem in Africa if nothing drastic is done to tackle the high unemployment rate and its dire consequences.

The African Development Bank (AfDB, ) in its report, Jobs for the Youth in Africa(2016), predicted that 263 million young people will lack an economic stake in the system by 2025. The World Bank in its April 2022 “Update on Global Poverty and Inequality Platform” states that sub-Saharan Africa accounts for 61.3% of the global poor population, that is, those that live on $1.90 per day.

Youth unemployment has contributed immensely to a rise in poverty, terrorism, insecurity, banditry, kidnappings, political thuggery, civil unrest, cyber-crime and many social vices we witness in Africa today. These challenges slow the pace of development and the achievement of the Sustainable Development Goals on the continent.

Entrepreneurship has been shown to be the only sustainable path to resolving this situation. Young people in Africa mostly operate within the micro to small business space and Entrepreneurship provides young people with the necessary skills and experiences to thrive economically and contribute to development of the continent.

However, to achieve this noble continental goal, they need to be groomed to acquire entrepreneurship skills to build and most importantly to scale their businesses across Africa, taking advantage of the consolidated over one-billion-persons market and beyond. 

This is exactly the objective of the GAIN Entrepreneurship Masterclass by Grand Africa Initiative (GAIN).

This Masterclass, now in its second year, has been able to reach young Africans in thirteen countries. To ensure an all- round practical entrepreneurship training, the 2021 edition focused on business ideation, design thinking, business modeling, pitching, business finance, investment, forecast, leadership, communication marketing etc and had facilitators drawn from across the globe. Partners included ExxonMobil, TYSYS Capital Group, Country Hill Attorneys & Solicitors, Vurin Group, Strickland Services Limited, Nextzon Limited and Weltek Limited.

The success of this novel approach is already on display. Over the past six months, we have received testimonials on how the program has impacted the businesses of the pioneer participants.

With feedback ranging from clarity of ideas, ideas conception, boosted confidence, actual startups, expansion, more revenue etc. It has been a harvest of positive testimonials from almost 95% of the pool.

One other critical component of the GAIN Entrepreneurship Masterclass was the “tool box” support provided by collaborating partners to the participants by way of IT starterpacks and/or business grants.

Clearly, with the high level of  youth unemployment and underemployment, Africa is on the verge of a major developmental crises, the effects are already here with us-banditary, illegal migration, political thuggery, and terrorism.

Prior to now, African youths who do not have the privilege of attending high-brow business schools on the continent and abroad have largely struggled, leading to a very high mortality rate of micro to small businesses led by young Africans.

GAIN identified this gap and launched the GAIN Entrepreneurship Masterclass solving the twin problems of lack of entrepreneurship knowledge and business support grant.

The program is already showing a lot of promise and is growing into a major continent-wide pipeline for churning out properly groomed young African Entrepreneurs.

Grand Africa Initiative-GAIN is a pan-African non-governmental organization empowering the youth for success in education, employment, entrepreneurship and innovation through capacity building programs, mentorship and high-level annual youth summits.

With her fast-growing network of forward-thinking youths across Africa, GAIN’s programs are designed to empower and develop the youths.

GAIN also partners with well-meaning individuals and organizations who share the same goals and objectives.

GrassRoots.ng is on a critical mission; to objectively and honestly represent the voice of ‘grassrooters’ in International, Federal, State and Local Government fora; heralding the achievements of political and other leaders and investors alike, without discrimination. This daily, digital news publication platform serves as the leading source of up-to-date information on how people and events reflect on the global community. The pragmatic articles reflect on the life of the community people, covering news/current affairs, business, technology, culture and fashion, entertainment, sports, State, National and International issues that directly impact the locals.

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Education

NELFUND Disburses ₦86.3 Billion to Students

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Nelfund
Nelfund logo

In a sweeping act of educational support, the Nigerian Education Loan Fund (NELFUND) has channelled a staggering ₦86.3 billion into the hands of 450,000 students, marking a defining moment in the nation’s push for accessible higher education .

From Promise to Reality

When President Tinubu signed the Student Loans (Access to Higher Education) Act in April 2024, few could have fully predicted the scale of impact it would soon generate . Today’s announcement brings that law to vivid life, converting legislative intent into tangible aid for nearly half a million students across Nigeria.

Stories Behind the Numbers

Imagine a first-year engineering student in Onitsha, Onitsha—previously faced with the real possibility of abandoning school mid-semester—now able to pay her tuition and housing bills, thanks to her NELFUND loan. Across the country, hopeful minds in remote communities, technical colleges, and vocational training centres are likewise experiencing a renewed sense of possibility.

Systemic Reach, Individual Impact

This isn’t a one-off dispersal—rather, it’s part of a growing continuum. Just back in February, NELFUND had already extended institutional loan support amounting to ₦22.7 billion for 215,514 students for the 2023/2024 academic year . The latest disbursement now significantly broadens that scope, both in scale and inclusivity.

What This Means for Nigeria’s Future

Amplified Access: Undeniably, ₦86.3 billion rightfully earned the label “transformative.” By bringing nearly half a million students into the fold, NELFUND is widening higher-education access in a way previously unthought-of.

Economic Ripple Effect: Beyond tuition, these loans buffer expenses for books, living costs, and skill development—fueling markets and nurturing local economies across urban and rural areas alike.

Hope Becomes Tangible: For parents, caretakers, and students, financial obstacles no longer have to determine academic fate. This funding turns distant aspirations into concrete realities.

Looking Ahead

As Nigeria’s youth press forward, armed with education and determination, the question turns to sustainability. Will NELFUND maintain this momentum? How will the repayment plans and administrative systems evolve to ensure long-term viability?

Still, for now, the spotlight is rightly on the students—those who can now look toward graduation with renewed hope and purpose.

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Education

South East Educators Conference (SEEC) 2025 Set to Transform the Future of Education in Nigeria

“…SEEC 2025 will equip every stakeholder to not only adapt to change—but to drive it,” says Barr. Doris Chinedu-Okoro.

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SEEC 2025 speakers
SEEC 2025 speakers

A new wave of educational transformation is coming! The highly anticipated South East Educators Conference (SEEC) 2025 is set to take place from May 2nd to 3rd, 2025 at the prestigious Nike Lake Resort, Enugu, under the powerful theme: “Advancing Education: Innovation, Leadership & Transformation.”

Barr. Doris Chinedu-Okoro, Convener of SEEC, said this year’s edition promises to be the most impactful yet, gathering a dynamic blend of visionaries, thought leaders, innovators, educators, and policymakers to drive conversations, collaborations, and commitments that will shape the future of education in Nigeria and beyond.

Keynote Speakers

The Convener said the keynote speakers include; His Excellency, Senator Liyel Imoke – former Governor of Cross River State and Founder, the Bridge Leadership Foundation and a statesman passionate about youth development and sustainable leadership, is among the pious keynote speakers.

Also, “Mr. Paul Onwuanibe – CEO, Landmark Group – a trailblazing entrepreneur whose insight into innovation and infrastructure development will challenge educational stakeholders to think big and build boldly”.

Other Speakers include;

Rotimi Eyitayo – CEO, Teammasters & Education Business School, Chinoso Ogbogu – Co-Founder, Sabi Writers, Rhoda Odigboh – Education Thought Leader & Regional Director Kizazi, Dr. Joy Isa – President Isa School Of Education & Educational Strategist, Fisayo Oludipe – Education Consultant & Leadership Coach, and Susan Charles – Learning Innovator, Moyo Lifematics – Mathematics Educator & Content Creator, Eben Odetola Israel – EdTech Advocate, Mr. Ogunsola – STEM Educator, and Yinka Ogunde – CEO, Edumark Consult. “…and many more voices of influence across Africa’s educational and leadership landscape!”

Highlights to Look Forward to:

“Gala Night – A celebration of brilliance, impact, and community; Movie Night – A night of reflection and bonding through storytelling; Educator Awards – Honoring those who go beyond the call of duty to inspire change; Breakout Sessions & Masterclasses – Practical, hands-on learning experiences, and Exhibitions & EdTech Showcases – Featuring tools, innovations, and solutions for the future-ready educator.

“SEEC 2025 is not just a conference. It is a movement—a call to action for educators, school owners, government stakeholders, parents, and youth advocates to come together and reimagine the future of learning, teaching, and leadership in Africa.

“We believe education is the engine of national development. SEEC 2025 will equip every stakeholder to not only adapt to change—but to drive it,” says Barr. Doris Chinedu-Okoro, added.

To participate at SEEC2025, register via the link and secure your slot.  www.southeasteducatorsconference.com.

Follow the conversation online using #SEEC2025 and tag us @southeasteducationconference on all platforms. For sponsorship, media partnerships, or exhibition opportunities, contact us at [email protected]

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Education

Enugu Govt to Boost Infrastructure at Nigerian Law School

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Nigerian Law School, Agbani

… As Mbah canvasses higher admission quota for ESUT Law Faculty

The Governor of Enugu State, Dr. Peter Mbah, says the state government will soon commence the construction of an ultramodern auditorium for the Augustine Nnamani campus of the Nigerian Law School at Agbani in Enugu State, stressing his administration’s readiness to support the campus to excel as a citadel of legal education in Nigeria.

Mbah made this known when he received a team of the Council of Legal Education at the Government House, Enugu, on Monday commending the Council for its work in guiding and nurturing teaching and learning in the Law School.

The governor, who was represented by the Deputy Governor, Barr. Ifeanyi Ossai, equally canvassed for an increase in the admission quota of the Faculty of Law, Enugu State University of Science and Technology, ESUT, to create more opportunities for the increasing population of the state’s indigenes and residents wishing to study Law.

“Quite frankly, the expansion in the number of campuses of the Law School makes their management and coordination more challenging, but that is inevitable because of the increasing number of our brothers and sisters, who seek to become lawyers.

“I want to assure you that with respect to the commitment of our government and our state to enhance the facilities at that Law School, Agbani, the date for the groundbreaking ceremony for the auditorium will be communicated to you sooner than you would imagine.

“This is also an opportunity to request that you consider increasing the admission quota of the ESUT Faulty of Law because of the teeming number of our people that want to study law. On our part, we are determined to put all necessary infrastructure and human capital in place to make it one of the best Law faculties in the entire country because in Enugu, we prioritise education,” the governor stated.

Speaking, the Chairman of the Council of Legal Education, Chief Emeka Ngige, SAN, commended the Governor Mbah Administration for its commitment to the development of legal education in the country.

“Sometime ago, the governor hosted a delegation of the management saff of the Augustine Nnamani campus of the Law School here at the Government House. On that occasion, the governor sought to know the urgent needs of the Campus at Agbani. Upon hearing the request, he, on behalf of Enugu State Government, offered to build an ultramodern auditorium for the Nigerian Law School at Agbani.

“In addition to that, he also offered to appeal to Pinnacle Oil and Gas to build a Moot Court for the Augustine Nnamani Campus as part of his infrastructural support to the institution.

“So, we made it a point that before we set out to other places, including a visit to other law faculties that require accreditation, our first port of call would be to come to the Government House to pay our respect to the government and people of Enugu State to say thank you for the offer the state government has made,” Ngige said.

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