BOOK SPOTLIGHT

AFRICANS INVESTING IN AFRICA

Through my experience as CEO of the United Bank for Africa, I worked hard to expand UBA from a Nigerian bank to one that now has subsidiaries in 18 additional African countries,” said Mr. Elumelu, now Chairman of the bank. “This experience showed me the commercial benefit of investing across Africa as well as the broader economic and even social impact the private sector can make, which was the origins of the philosophy I call ‘Africapitalism. The book has sixteen different contributors hailing from respected universities and research institutions in Africa.