When you are involved in the European early-stage ecosystem, it is quite clear that the major issue we are facing is the very low percentage of startups that become scaleups (let alone unicorns… see Graph 1 vs. Graph 2). The reasons are numerous (financing ecosystem, risk adversity of entrepreneurs and investors, market size and/or legal environment,…

Engineers tend to be entrepreneurial people

Africapitalism is not a play on words: it’s an economic philosophy developed by Tony Elumelu, a Nigerian visionary entrepreneur and philanthropist. His philosophy represents the private sector’s commitment to the economic transformation of Africa through long-term investment that generates both economic prosperity and social value. The Tony Elumelu Foundation promotes this philosophy through the Africapitalism Institute, one…