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

Paul Kadundu Karhamikire, Christian Mwemezi Ngangura and Nicole-Adams Nankafu
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Paul Kadundu Karhamikire: Faculty of Social Sciences, Human Resource Management, Catholic University of Bukavu, DR Congo
Christian Mwemezi Ngangura: Department of Economics Catholic University of Bukavu, DR Congo
Nicole-Adams Nankafu: Faculty of Social Sciences, Human Resource Management, Catholic University of Bukavu, DR Congo

International Journal of Economics and Financial Issues, 2024, vol. 14, issue 5, 185-192

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.

Keywords: Poverty; Unemployment; Entrepreneurship (search for similar items in EconPapers)
JEL-codes: C23 D31 J13 (search for similar items in EconPapers)
Date: 2024
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