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 of its arms. (Read full article on Africa from Africa blog)
By Africa Ariño, professor in the Strategic Management Department at IESE Business School. Dr. Ariño received her Ph.D. in Management from the University of California, Los Angeles (UCLA).