Fidelity bank banner Bayelsa State banner
Elumelu Foundation, Durham University co-host academic conference on Africapitalism

By News Express on 22/07/2015

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,001


The Tony Elumelu Foundation’s Africapitalism Institute and Durham University Business School, one of the oldest universities in the United Kingdom, have co-hosted a day-long academic symposium on the economic philosophy called Africapitalism at the Foundation’s headquarters in Lagos.

Africapitalism – the belief that the private sector must play a leading role in Africa’s development – is the economic philosophy first developed by Tony O. Elumelu, CON, back in 2010, and has been heavily influenced by his long career as a banker, investor, entrepreneur and philanthropist. The primary goals of Mr. Elumelu’s Africapitalism mission are to promote public policies that facilitate private sector growth, to educate established businesses about how Africapitalist business practices can enhance both profits and prosperity, and to address the specific needs of Africa’s emerging entrepreneurs as the best source of new and inclusive local value creation.

“The purpose of today’s discussion is to explore the key issues influencing Africapitalism as an economic philosophy from the perspective and scrutiny of academia,” said David Rice, Director of the Africapitalism Institute at the Tony Elumelu Foundation.  “Years ago, Mr. Elumelu developed this philosophy from the perspective of a practitioner and his role as a banker, businessman, investor, and entrepreneur.  Now his Foundation is supporting the rigorous, independent analysis of Africapitalism’s merits.”

Several distinguished faculty members from Durham University made presentations to a diverse audience that included scholars, students, business people and investors. Participating faculty members included Professor Geoff Moore, Chair of Business Ethics and Deputy Dean; Professor Mehmet Asutay, an expert in Islamic Finance; senior lecturer Dr. Emmanuel Adegbite, who spoke about Africapitalism and corporate governance; and Mark Learnmonth, Professor of Organisational Studies.  The day’s agenda was driven by Dr. Adegbite, who is a member of the Africapitalism Research Project team led by Professor Kenneth Amaeshi, who has appointments at Edinburgh University in Scotland and at Lagos Business School.

“Africapitalism is in the early stages of development with respect to academia,” said Dr. Emmanuel Adegbite of Durham University. “But we see the transformative potential of this initiative and by applying our rigorous standards of analysis, our intent is strengthen the concept by putting it through its paces, just as we’ve done here today.”

The symposium is just the latest formal critique of Africapitalism from global academia. In June 2015, the first article on Africapitalism was published in a refereed, peer-reviewed academic journal, and in August the Academy of International Business will further explore Africapitalism’s merits during their annual conference for scholars in South Africa.

•Photo shows Tony Elumelu.

 

Source News Express

Posted 22/07/2015 05:04 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Philippines President confesses to personally killing people

Absence of defence counsel stalls Omokore’s $1.6bn oil...

Plateau, Benue killings: Police unmasks suspects

PDP’s many sins, by APC •Lambasts dethroned party...

My chairmanship will be inclusive — PDP chieftain...

Bayelsa Guber: Dickson, Sylva, 18 others sign peace...

Police shortlist 5,059 candidates for medical screening

Biafran tragedy re-echoes in House of Reps as...

Ex-Governor calls for Fani-Kayode’s arrest

Women’s Day: Obi laments plight of North-East women...

Arrest, prosecute Tinubu for operating several foreign accounts...

Dare-devil striker Ighalo breaks Watford record; Mikel sets...

 

Latest News Rivers APC 2019 Guber: A critical examination of forces and factors at play, By Eze Chukwuemeka Eze An Ode to Peter Obi at 57, By Onukwugha Osuji Umeh threatens to expose Okorocha Heads to roll as panel submits report on alleged NSITF N6.2b fraud Archbishop of Canterbury (Buhari’s ally) laments attacks on Nigerian Christians, Anglican Archbishop Amaechi seeks public opinion on performance, speaks of desire to serve Nigerians better Niger Delta leaders reject PIGB, insist on PIB Senate approves Buhari’s N348bn subsidy fund Governors meet over FAAC deadlock, minimum wage Pay us off for new carrier to succeed - Ex-Airways chief FG must domesticate Stockholm Convention, Rome statute on Environment to attract foreign direct investment — Dogara Benue APC publicity secretary quits, accuses party of neglect

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (362,575 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (358,689 views) Shameless Genevieve Nnaji exposes breasts in public (287,092 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (235,541 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (214,846 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (212,692 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (186,724 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (168,660 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,385 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (152,907 views) Lagos plane crash: Journalist releases victims’ names (147,753 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (138,967 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,355) Business Verdict (45) Columnists (888) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (615) Global Business Monitor (285) International (2,141) Interview (157) Live Commentary (28) Love Matters (127) News (37,258) Opinion (1,024) Pidgin (10) Politics (5,609) Religion (785) Sports (1,612) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

FRANCE vs CROATIA 4-2 Highlights & Goals 2018

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement