Policy highlights:

  • Most existing donor instruments that support inclusive business (IB) models focus on larger companies from industrialized countries, rather than local companies. Additionally, they are not systematically integrated into broader private sector development (PSD) programmes.
  • The main barriers to doing inclusive business include: lack of infrastructure, lack of market demand, lack of knowledge and skills, and complex or hostile regulatory or legal environments.
  • To promote IB models in the context of current PSD programmes, efforts should focus on: stimulating local business start-ups that apply IB models, encouraging existing companies to adopt such models, or supporting the scaling up of existing IB models to achieve greater outreach and impacts.
  • Recommendations for specific policy-level support for promoting IB models include: 1) creating a conducive regulatory environment; 2) promoting easier registration processes for companies; 3) addressing sector-specific hurdles and consumer protection issues; 4) designing innovation- and competition-policies; and 5) introducing subsidies that stimulate demand for specific products and services.
Connected themes
Share this post

Related items

AERC Regional Policy Forum summary

The AERC hosted a virtual Regional Policy Forum on 28 March 2022. The forum brought together key stakeholders who play important roles in shaping new research findings, paving new policy directions, and initiating innovative practices in the areas of youth and employment.

Getting up to speed with inclusive development

The INCLUDE team’s reading list: March 2022 Every month we share with our readers a…

cairo-workers
Identifying Economic Sectors to Create Employment for Youth in Africa: key findings from selected country cases

Growth Sectors for Youth Employment (GSYE) is an African Economic Research Consortium (AERC) collaborative research…

John_maara_Photo_
The world youngest continent is looking for work

The African continent is undergoing an important demographic transformation that will, for the better or the worse, drastically change its labor market. According to the World Bank, every year 12 million young people enter the job market while only 3 million formal jobs are created. With a median age of 25 years old, the African continent is the youngest in the world.

Maya Turolla Profile
website banner - webinar 6 (1000 x 400 px)
YOUTH @ WORK: the Future of Work Webinar Overview

How can the Fourth Industrial Revolution support youth employment in Africa? This was the main question of the closing session of our Youth@Work webinar series

Siri profile picture