“We have to be very careful…on the one hand we have to stimulate and create hope and get young people to set up businesses and so forth, but if the policymaking isn’t there, if the institutional framework that helps them isn’t there, their anger will explode because we would have sold them a false regime.”
Some leaders – political and business understand entrepreneurship challenges better than others are designing policies and initiatives that are geared towards skills development in relation to education, community engagement and inclusion. These are all prerequisites to successful – and sustainable enterprise – an approach Strive has adopted in building his business empire, which he takes up in this broad-ranging feature.
In the interview with African Business magazine, he also talks about his philanthropy. Masiyiwa splits his time equally between his business interests and philanthropy, which he says, has also created business opportunities. He cites, for example, a meeting with global businessman Richard Branson, where they shared ideas on their philanthropic work that resulted in them developing a business venture together.
Also in the November, newly elected African Development Bank President, Akinwumi Adesina unveils his vision for the institution and sets out his Bank’s ‘refreshed strategy’ for Africa’s socioeconomic transformation. His vision entails an ‘alternative growth model’ for Africa and a stronger emphasis on energy reform, industrialisation and employment creation. The article explores how he plans to build on the past policy successes of the AfDB, while utilising his extensive experience, including a stint as Nigeria’s agriculture Minister, to deliver the Bank’s new agenda. “We want to light up and power Africa, feed Africa, integrate Africa, industrialise Africa and improve the quality of life”.
Lastly following the launch of the Sustainable Development Goals, Lise Kingo, the Executive Director of the UN Global Compact explains how the new global goals, particularly those related to economic growth, industrialisation and innovation present a huge opportunity to combine business with real sustainability.
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