Tony Elumelu - Chairperson, United Bank of Africa

In a discussion about Africa's development, the focus is on addressing infrastructure deficits to create employment and industrialize the continent. The demographic advantage of a young population presents both opportunities and challenges. Tony Elumelu, an economist and philanthropist, emphasizes the importance of empowering young African entrepreneurs through initiatives like the Tonielu Melu Foundation. The foundation has supported over 20,000 young Africans with capital and training. Elumelu highlights the need for foreign investment in infrastructure, urging global partners to help finance development. He believes that improving the operating environment is crucial for attracting investment. The discussion also touches on the perception problem of Africa, noting that challenges in a few countries do not represent the entire continent. Platforms like FIIH are seen as vital for changing narratives and showcasing Africa's potential.