Dr. George Njenga, Dean – Strathmore Business School assisted by Dr. Moses Ochieng, Senior Consultant – Financial Sector Deepening contributed to a research seeking to explore how African business leaders can pursue the goals of profit and social wealth creation. The study also included an outlook on the roles of business schools in Africa and policymakers; and their view on the role played by the private sector.The yearlong research dubbed, ‘Africapitalism: The Role of Private Sector in the Sustainable Development of Africa’, aims at engaging global academia in disseminating the role of African Capitalism and its management.
The study was undertaken in collaboration with the Tony Elumelu Foundation, Sustainable Business Institute, University of Edinburgh Business School, University of Cape Town, University of Nottingham, University of Sussex and Lagos Business School.
The scope of the study was five African countries; Côte D’Ivoire, Kenya, Nigeria, Senegal and South Africa. A total of 142 participants were interviewed.
Some of the findings highlighted from the study are:
Based on the strength, uniqueness and timeliness of the research project, book contracts on Africapitalism have been secured from Cambridge University Press and Routledge Publishers respectively.
This story has been compiled from excerpts of the report. Read the Africapitalism: The role of Private Sector in the Sustainable Development of Africa report here.