The prospect of going it alone and battling the percentages could appear daunting for some, however research, such because the 2021 report by MBO Companions, estimate that there are about 41 million solopreneurs in the USA alone. Moreover, 82% of them are glad with preserving their companies small and 56% need to work alone. For Africa, collectively, this knowledge is rather more tough to collect, nonetheless, reviews point out that the numbers are noteworthy. Within the continent’s financial hub South Africa, specifically, the township financial system could be thought of one of many greatest drivers of solopreneurship. Africa boasts the world’s highest charges of entrepreneurship, with greater than one-in-five working- age Africans engaged in beginning a brand new enterprise. As well as, greater than three-quarters of the youth are planning to begin one inside 5 years. Statista reviews that the variety of startups in Nigeria is estimated to have exceeded 3,360 in 2022, the very best quantity in Africa, adopted by Kenya and South Africa.