• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Banking & Finance

Embracing Africapitalism: Path to sustainable development and economic empowerment

1 year ago
in Banking & Finance, Business, Editor's pick, Features, highlights, Home, home-news, latest News, Opinions
2 min read
0 0
0
105
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Embracing Africapitalism: Path to Sustainable Development and Economic Empowerment

Africa stands at crossroads – a continent beaming with potential, innovation, and promise. As we navigate the complexities of the global landscape, it is important that we chart a course towards sustainable development, inclusive growth, and shared prosperity.

At the forefront of this transformative journey is the philosophy of Africapitalism—a bold and visionary approach to economic empowerment, driven by the belief that the private sector has a pivotal role to play in advancing Africa’s development agenda.

I am deeply committed to harnessing the power of strategic partnerships, innovative solutions, and inclusive policies to drive sustainable development across the continent. We are working to unlock Africa’s vast potential and empower its people to thrive and prosper.

At the forefront of this transformative journey are three critical themes that demand our urgent attention and collective action:

Entrepreneurship and Job Creation for Global Food Security:

The role of entrepreneurship in fostering global food security cannot be overstated. As we grapple with the challenges of food insecurity and hunger, entrepreneurship emerges as a powerful tool for innovation, resilience, and sustainable agricultural practices. Through initiatives like the Tony Elumelu Foundation (TEF), we remain committed to empowering African entrepreneurs to drive agricultural innovation, create jobs, and enhance food security across the continent.

RelatedPosts

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

Economic Empowerment of Africa’s Youth to Address Migration Challenges:

Africa’s youth represent a demographic dividend and a catalyst for economic growth and prosperity. By investing in the economic empowerment of Africa’s youth through entrepreneurship, skills development, and access to finance, we can unlock their potential as agents of change, address migration challenges, and create meaningful employment opportunities.

Private-Public Partnerships for Access to Healthcare and Innovation:

Access to quality healthcare is a fundamental human right and a cornerstone of sustainable development. Yet, millions of people around the world lack access to essential health services, medicines, and vaccines. Through private-public partnerships, we can democratize access to healthcare, foster innovation, and improve the quality of life globally. The United Bank for Africa (UBA) stands ready, as always, to collaborate with foundations to drive innovation in healthcare delivery, promote preventive healthcare measures, and build resilient health systems that leave no one behind.

As global leaders gathered to attend the Health Leaders’ Forum in Abu Dhabi,  the G7 Forum in Rome, as well a networking reception held in honour of the Executive Director of the World Food Programme, Cindy McCain, in May, I reaffirmed my commitment to driving sustainable development, fostering entrepreneurship, and building resilient communities. Together, we can harness the power of entrepreneurship, economic empowerment, and private-public partnerships to create a more prosperous, equitable, and sustainable world for all.

By mobilising the potential of renewable energy, investing in clean technology, and fostering cross-sectoral collaboration, we can drive economic transformation, mitigate climate change, and build a more prosperous and resilient future for generations to come. As Africa’s leading financial institution, UBA is spearheading efforts to channel capital and expertise to supporting the shift to a low-carbon economy, ensuring that Africa remains a key player in the global renewable energy sector.

In conclusion, Africapitalism is not just a philosophy—it’s a call to action, a blueprint for transformative change, and a vision for a prosperous and equitable Africa. As a global leader and advocate for sustainable development, I am committed to driving Africa’s transformational agenda through strategic partnerships, innovative solutions, and inclusive growth. Together, let us build a future where every African has the opportunity to thrive and succeed.

 

 

Source: Tony O. Elumelu CFR I Founder, Tony Elumelu Foundation; Chairman, UBA Group
Via: norvanreports
Tags: AfricapitalismEmbracing Africapitalism: Path to Sustainable Development and Economic EmpowermentGlobal Food SecurityTony O. ElumeluUBA
No Result
View All Result

Highlights

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

Trending

Features

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

MTN Nigeria Now the Most Capitalized Stock in Nigeria MTN Nigeria has surged to become the most...

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

US Companies Cut Investments in China to Record Lows, Here’s Why

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.