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Accueil > Observatoire de l’Afrique > Africans investing in Africa

Africans investing in Africa

vendredi 29 avril 2016

After a day and a half of high-level discussions at an Africa investment conference, Arnold Ekpe, non-executive chairman of financial services holding firm Atlas Mara and former chief executive of Ecobank, sounds slightly exasperated. "African countries are not doing enough for themselves," he says. "I have been going to conferences like this for 20 years. We have to move from talk to action."

An elite band of companies are doing just that – with a toolkit that helps expand their operations across African borders. But Ekpe argues that Africa needs many more champions like Dangote Group, MTN and ShopRite.

Aliko Dangote, the founder of the Dangote Group, also regularly bemoans the lack of inter-African business activity. He too told the assembled investors : "We need to develop like China or Japan did. They created wealth themselves." That is easier said than done.

Voir l'article sur : theafricareport.com

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