The 2010 edition of the Global Entrepreneurship Week has been commemorated in Cameroon with a high point of the celebrations being the award of prizes to some private enterprises that have contributed enormously to the reduction of youth unemployment in the country. Organised by the Youth Employment Service (YES) Cameroon, weeklong activities took place under the theme “the emergence of young entrepreneurs for sustainable development”.
For three days, aspiring Cameroonian entrepreneurs listened to exposés and presentations from renowned entrepreneurs and leaders of youth groups promoting self employment in Cameroon. Speaking while chairing the Global Entrepreneurship Week opening activities in Yaounde, the British High Commissioner to Cameroon, H.E. Bharat Joshi urged Cameroon youths to invest in self employing activities in order to make use of the economic opportunities that abound in Cameroon.
To Bharat Joshi who is himself a youth, “the future of this country is entrepreneurship and commercial opportunities abound” he said. He regretted though these opportunities abound, they are being grabbed by foreigners while Cameroonians stay in oblivion. Quoting the British Prime Minister David Cameron , the Executive Director of Youth Employment Service (YES) Cameroon, Gilbert Ewehmeh said the “Global Entrepreneurship Week, which runs from Nov 15-21, is an opportunity to inspire the innovators and entrepreneurs in the UK”, thus it is an opportunity for Cameroonian entrepreneurs to inspire potential entrepreneurs.
Paper presentations on topics like how to start and manage a business, the role of microfinance in business and poverty alleviation, unleashing your business potentials, how to draw up a business plan and the importance of accountability in business amongst other characterised the seminar and conference phase of the activities that ran from the 15-18 of November 2010 in Yaounde.
The second and last phase of the GEW 2010 was the handing of awards of recognition to some private enterprises that have greatly contributed to the reduction of youth unemployment. With more than 150 nominees from all sectors of business, the jury that was chaired by Barrister Evans M. Muna retained some 43 enterprises.
Amongst the 43, Savanna Woods Cameroon stood tall in the forest exploitation and exportation sector. With just three years of existence, the wood exportation company employs 70 Cameroonian youths, thus saving the government a great deal. Speaking a few minutes after reception of award, the Executive Director of Savanna Woods, Emmanuel Kwalar praised the Youth Employment Services Cameroon for the recognition and promised to continue employing more youths into his enterprise.
To the Executive Director who told the participants at the ceremony that he is meeting with officials of YES Cameroon for the first time, “Cameroonians youths should try their hand in business for government cannot create jobs for every one, the government has created the opportunities for us, let us use them” Emmanuel Kwalar said. Other laureates of the award included: TWINLEX Ltd in the construction sector, The Post newspaper, Magic FM, Canal 2 International in the communication sector, UNICS in the Microfinance sector etc. The laureates were congratulated by the British high Commissioner to Cameroon H.E. Bharat Joshi who chaired the activities.
Article by www.allvoices.com (click here to view full article) posted on allvoices.com on Nov 20, 2010.