Priority Summit, Part VIII: How Africapitalism Drives Inclusive Growth FII7
25 Oct 2023
The discussion revolves around Africapitalism, a philosophy emphasizing the role of the private sector and entrepreneurship in driving inclusive growth in Africa. Tony Elumelu, a prominent African investor and philanthropist, advocates for long-term investments in critical sectors such as electricity to empower the continent's young and growing population. He highlights the need for regional integration, collaboration, and the mobilization of massive capital to unlock Africa's potential. Elumelu also emphasizes the importance of the private sector in creating economic opportunities and prosperity for the continent's youth, while addressing challenges such as joblessness and lack of access to healthcare. Additionally, he stresses the significance of Africa's demographic dividend and the need to shape it positively.
Moderator: Richard Attias
Speakers: Tony O. Elumelu