Tony Elumelu, chairman of the United Bank of Africa (UBA) and Heirs Holdings, criticizes the European Union's investment in Africa, stating that it is not being felt due to over-reliance on the government. Elumelu emphasizes the need for economically empowering the youth and working collaboratively with governments, private sector, development partners, and international institutions to create real change.
Tony Elumelu , chairman of the United Bank of Africa and Heirs Holdings , says the European Union ’s investment in Africa is not being felt due to over-reliance on the government.while reflecting on his discussions with Jutta Urpilainen, the EU commissioner for international partnerships.
“Africa is a thriving continent, with 60% of its population under 35. This is an immense opportunity for growth, innovation, and sustainability; but first, we must define how we all contribute towards building the Africa we want to see.Advertisement “Let’s also ask the EU – why if the EU is investing significantly in Africa, is it not being felt? We can’t keep doing the same thing over and over and expecting a different outcome.
Tony Elumelu United Bank Of Africa Heirs Holdings European Union Investment Africa Government Development Models Africapitalism Youth Collaboration Real Change
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