The private sector and entrepreneurship are essential to economic resilience. Entrepreneurs stimulate innovation by creating new products and services that respond to changing market demands. This innovation fosters economic growth and diversification, reducing dependence on a single industry and enhancing stability. Our work at CEFRES is to show how African countries, through their private sector, can create employment opportunities, contributing to higher household incomes and improved living standards, supporting infrastructure development and social programs that further strengthen economic resilience. This program also aims to promote adaptability through entrepreneurship to help economies withstand shocks and recover more quickly from downturns. At CEFRES, we strongly believe that a vibrant private sector and a culture of entrepreneurship are essential to building a resilient and dynamic economy that can thrive in the face of challenges.
