Nearly 75% of the African population and more than 60% of the Middle Eastern population is under the age of 35. Many of these young people are unemployed – in some countries up to 50%. As the population of Africa and the Middle East continues to grow rapidly, youth unemployment is an increasing socio-economic challenge.
Entrepreneurship is an impactful solution to this problem. There is a vast amount of entrepreneurial potential in Africa and the Middle East, which has often been untapped. Orange Corners recognises this opportunity and wants to empower young, high-potential entrepreneurs. By offering entrepreneurs the necessary support, we invest in business potential and growth which in turn leads to the creation of jobs and economic development.
Orange Corners also directly contributes to the United Nations Sustainable Development Goals (SDGs) 5, 8, 9 and 17. We engage with these SDGs in the following ways: