The spirit of entrepreneurialism, with its promise or reduced youth unemployment and economic renewal, is certainly gathering steam across Africa. But true entrepreneurship-led transformation will require a mindset shift amongst Africa’s small business owners. Submit Cancel Thanks for your feedback!

Like Mr. Elumelu, other top African philanthropists also appear to be changing tactics, focusing on investments in areas likely to accelerate Africa’s prosperity in addition to their interventions in humanitarian crises such as floods. Submit Cancel Thanks for your feedback!

(CNN) — The economic performance of Africa in the last few years has been remarkable. The continent has consistently defied the global trend. Five years after the global financial system came perilously close to collapse, the global economic outlook is still uncertain. In Europe, GDP is still below pre-crisis levels and unemployment is at a …

Kayode Komolafe’s dissection of Africapitalism  in his ‘THE HORIZON’ column of THISDAY of October 23, 2014 as espoused by our own Tony Elumelu makes an interesting reading. It was a beautiful rendition from a cerebral mind. But unfortunately, his analytical depths of what constitutes Africapitalism qualify for a necessary, but certainly not sufficient condition for …

African business leaders at the 2013 UN MDG meetings have emphasised the strength of non-traditional partners, such as private sector leaders, to harness fresh expertise and resources to a region requiring accelerated efforts to boost achievement. Tony Elumelu raises the issue of power, as an example.   Submit Cancel Thanks for your feedback!

The time has come for a new approach to development in Africa. Contrary to the current global trend, the economic prospects of the continent are very favorable for the coming years. Development models based on foreign aid, the charitable sector, sovereign debt, or the export of primary products, are no longer suited to Africa. Submit …