NAIROBI, Kenya, Feb 17 – East African youth are more likely to venture into Agriculture to get an extra shilling, followed by ICT, entertainment, online business and logistics.
This is according a new poll by GeoPoll Raid who indicate that the businesses are mainly financed by loans from banks, relatives, mobile money and micro-finances in that order.
According to the poll on average only 37 percent youth in Africa have side businesses.
Kenya has the second highest number of youths with hustles at 40.8 percent, behind Nigeria at 44.4 percent.
In Nigeria and Ghana, the youth are into less conventional sectors than those mostly associated with the youth such as ICT, entertainment and online businesses.
In South Africa, Food & Beverage is the more popular side hustle for many youth.
However, these youth they would like a better understanding of asset financing, entrepreneurship and investment opportunities.
This GeoPoll Rapid survey was conducted in February 2017 among 1,762 young Africans in Kenya, Uganda, South Africa, Ghana, Nigeria and Tanzania using the GeoPoll App.