Chairman of UBA Group, Mr Tony O. Elumelu was at Chatham House to discuss about the possibilities of attracting more capital investments to Africa.
The Africapitalist as he is fondly called has developed the idea of Africapitalism to drive up the investment potentials in Africa.
Read the excerpts of his Instagram posts regarding his lecture:
Earlier this week, I spoke to an audience of thought leaders & policy makers at the UKs leading foreign policy institute #chathamhouse.
I believe that the greatest challenge to attracting investment in Africa is the way it is portrayed in the media without context.
We require an urgent mindset reset to attract the level of global private capital that will create jobs & reduce poverty in Africa investing in electricity infrastructure, more than any other investment, will encourage large scale business growth in #Africa.
It’s also time for Multilaterals & developed nations to rethink the efficacy of sanctions, as they tend to harm innocent lives in Africa.