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.

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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
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article

Impact of Entrepreneurship on Unemployment and Poverty Reduction: The Case of Bukavu in DR Congo

Paul Kadundu Karhamikire, Christian Mwemezi Ngangura, Nicole-Adams Nankafu
International Journal of Economics and Financial Issues
Entrepreneurship Studies and Influences
article

Impact of Entrepreneurship on Unemployment and Poverty Reduction: The Case of Bukavu in DR Congo

Paul Kadundu Karhamikire, Christian Mwemezi Ngangura, Nicole-Adams Nankafu
article en

Abstract

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.

International Journal of Economics and Financial IssuesVol. 14(5)
Université Catholique de Bukavu (CD)
Openalex Percentile: Top 75%
Entrepreneurship Studies and Influences
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