Impact of Entrepreneurship on Unemployment and Poverty Reduction: The Case of Bukavu in DR Congo
The Democratic Republic of the Congo (DRC) grapples with severe poverty and unemployment issues, necessitating a focus on factors that can alleviate both challenges. This study specifically examines the impact of entrepreneurship on poverty reduction and unemployment in Bukavu. Through a comprehensive literature review and data analysis using a linear regression on cross-sectional data, the research reveals a trend with individuals transition from employment to entrepreneurship, particularly after completing studies, leading to a decline in the unemployment rate since 2015. Entrepreneurs also exhibit lower poverty indicators compared to non-entrepreneurs. The study recommends implementing measures, such as tax relief and entrepreneurial education, to encourage entrepreneurship, thereby creating employment opportunities and addressing poverty and unemployment in Bukavu.
Authors
- Paul Kadundu Karhamikire
- Christian Mwemezi Ngangura
- Nicole-Adams Nankafu
Institutions
- Université Catholique de Bukavu (CD)
Publication Details
- Journal
- International Journal of Economics and Financial Issues
- Published
- 2024-09-06
- DOI
- https://doi.org/10.32479/ijefi.15683
- Primary Topic
- Entrepreneurship Studies and Influences
- Type
- article
- Field-Weighted Citation Impact
- 0.00