Young entrepreneur shakes Africa's business landscape

Forbes Africa recently released its much-anticipated 30 under 30 list of young entrepreneurs who are making a dramatic impact on the business landscape in Africa. One of the notable names on the Class of 2017 list is Sean Drake, founder of Wealth Project, a sustainable investment holding company that focuses on social impact through financial services and education in Africa. In a recent interview on CNBC Africa, Sean Drake discussed the significance of being featured on the prestigious list and shared his vision for the future. Sean Drake expressed his gratitude for being recognized among a group of hardworking young entrepreneurs dedicated to fostering socioeconomic growth on the continent. He highlighted the opportunity the recognition provides to advance his mission of promoting a new model of education and financial services tailored for African entrepreneurs. Drake emphasized the importance of sustainability for startups, stating that 92% of startups do not survive beyond their fourth or fifth year. He emphasized the need for businesses to prioritize social impact and education to ensure longevity and success in a rapidly evolving market. Addressing the issue of brain drain, Sean Drake acknowledged the challenges of retaining top talent on the continent. He cited the low levels of investment and trade in Africa compared to other regions, emphasizing the need to create a conducive environment for diaspora entrepreneurs to return and contribute to the continent's growth. He urged aspiring entrepreneurs to view challenges as opportunities for innovation and sustainable solutions that drive social and economic development. Sean Drake's commitment to creating lasting change through his business ventures embodies the spirit of the new wave of African entrepreneurs who are reshaping the business landscape on the continent.