Social Entrepreneurship

Entrepreneurs usually engage in business with a risk and reward mind-set, which has money-making as the end gain. But when looking at social entrepreneurship we are looking at how to develop, fund and implement solutions to social, cultural, or environmental issues. Social entrepreneurship has drawn interest from global policy makers and social entrepreneurs to target developing countries. Generally, not-for-profit organisations, funded by government and donor grants have played a significant role in poverty alleviation. It is all about: “Finding solutions to problems in the society on the journey of money-making”.

The aftermath of so-called “social impact investment” in sub-Saharan Africa has produced not enough result in battling the ever-growing scourge of poverty. Why? In reality it takes two solid ends to build a reliable bridge. Efforts have been made by organisations in diaspora to improve the living conditions in sub-Saharan Africa through endless innovative ways that give to the society but still the poverty rising levels of some countries grows ever stronger. This is as a result of the other end which is comprised of the local or African-based entrepreneurs not being nearly as reliable. We must always learn to give back to our communities, and everyone who is an entrepreneur or runs a portfolio of entrepreneurial interest must support one cause or another. Yes, it is up to you and me to fulfil our part of the bargain and help in bringing social change within our countries across sub-Saharan Africa.

At LANI Foundation, we have created programs that will enable social entrepreneurship and we look forward to further developing the base model that we have created by collaborating with other partners.