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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Paul Kadundu Karhamikire & Christian Mwemezi Ngangura & Nicole-Adams Nankafu, 2024. "Impact of Entrepreneurship on Unemployment and Poverty Reduction: The Case of Bukavu in DR Congo," International Journal of Economics and Financial Issues, Econjournals, vol. 14(5), pages 185-192, September.
    • Handle: RePEc:eco:journ1:2024-05-19
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    References listed on IDEAS

    as
    1. Alain Kikandi Kiuma & Abdelkrim Araar & Christian Kamala Kaghoma, 2020. "Internal migration and youth entrepreneurship in the Democratic Republic of the Congo," Review of Development Economics, Wiley Blackwell, vol. 24(3), pages 790-814, August.
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    Keywords

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    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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