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Nigeria, Ghana and 5 other African countries have higher new business ownership rates than the BRICs

Graph1.41The Global Entrepreneurship Monitor (GEM) surveys the state of entrepreneurship in 70 countries, of which 11 are African. GEM data (2013), which measures yearly growth of a country’s entrepreneurial activities based on the number of new business ventures (more than 3 but less than 42 months old), shows that Nigeria, Ghana and 5 other African countries have a higher new business ownership rate than the BRIC countries. Among these new enterprises are leading Ghanaian companies ClaimSync and Dropifi that have received broad media acclaim. Read more here…

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