Africapitalism: The Path to Economic Prosperity and Social Wealth

From: Yona Maro

Africapitalism is an economic philosophy that embodies the private sector’s commitment to the economic transformation of Africa through investments that create both economic prosperity and social wealth. We see Africans taking charge of the value-adding sectors and ensuring that those value-added processes happen in Africa, not through nationalisation or government policies, but because there is a generation of private sector entrepreneurs who have the vision, the tools and the opportunity to shape the destiny of the continent. Africapitalism is not capitalism with an African twist; it is a rallying cry for empowering the private sector to drive Africa’s economic and social growth.

http://allafrica.com/download/resource/main/main/idatcs/00071285:69cf2ea7db59ea2fdc0a9e4a1023c6b7.pdf

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