Entrepreneurship in Africa: A Comparative Study Between Ivory Coast and Benin

Abstract

Ivory Coast and Benin are both Africa’s french speaking countries located in West Africa. Border countries and with high growth of the population, the living standards of the population become very difficult. In order to find a solution to regulate this negative impact and improve the living standards of the inhabitants, both governments focus on entrepreneurship. The objectif of this study to compare entrepreneurship in Ivory Coast and entreprneurship in Benin. For this reason, we did our research in Benin and in Ivory coast in 2018 and we found in both countries eight (08) main areas of E.A (commerce, teaching “public and private schools”, transportation, communication including insurance, services, restaurants, bars, hair salon including hairdressers and barbers). To reach this goal, we have organised our research around three steps. The first step consist to compare the indicators of the both countries macroeconomics by focusing on their GDP, the level of employment, the educational rate and the use of energy. the second step was to compare the entreprenarial acivities in both countries, to show the strenghts and some weaknesses and how to solve this harsh phenomenal in order to make those areas more efficient. The last step was to promote the benefits of entrepreneurship for the population and the country. We know that our research is very useful for both countries and the whole africa, this is why in our study, we make recommendations to motivate inhabitants of both countries to create their own small businesses and we also encourage the Government of both Countries to give financial support to skilled inhabitant without revenues to help them to undertake to do their own activities to become independent.

Keywords: Entrepreneurship, Ivory Coast and Benin, Skills, small business

DOI: 10.7176/EJBM/11-16-03

Publication date:June 30^th 2019