Private Sector Key To Africa’s Success In Achieving SDGs

TIME: What the U.N.’s New Development Goals Mean for Africa
Tony O. Elumelu, chair of Heirs Holdings and founder of the Tony Elumelu Foundation

“…The key to Africa successfully achieving the new goals is to effectively utilize Africa’s private sector to transform our natural wealth and human capital into an engine of global growth that is inclusive and sustainable. I call this ‘Africapitalism.’ Governments can create an enabling environment, and the philanthropic and social sectors can offer guidance. But ultimately it is responsible and sustainable business that will create wealth that underpins a just and fair society. … It is only by working together that we can achieve the new goals and build a world that is worthy of us and our children” (9/29).

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