d271 7.1.2

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What is the primary focus for a company seeking to build a sustainable business in Africa?

Creating value for both shareholders and stakeholders

What philosophy does Tony Elumelu advocate for businesses operating in Africa?

Africapitalism - creating economic prosperity and social wealth

According to Graça Machel, what does the 'social compact' involve?

Agreement among multiple sectors on shared responsibilities

What role does Manu Chandaria embody in relation to African business, as mentioned in the text?

A doyen emphasizing transformative leadership

What does the text suggest about the relationship between profits and serving stakeholders' interests in Africa?

No inherent tension between earning profits and serving stakeholders

In what way does Nelson Mandela's philosophy, as mentioned in the text, align with the overall theme of the passage?

'No passion to be found playing small' resonates with transformative leadership ideas

What major benefit do businesses focusing on fulfilling unmet needs, like Equity Bank and MTN, stand to gain according to the text?

Outsized returns for shareholders and transformative societal impact

'Africapitalism' as advocated by Tony Elumelu emphasizes a commitment to:

'Africapitalism' - creating economic prosperity and social wealth

'Those goals are an ambitious, universal call to end poverty, protect the environment, and ensure that all members of our global family enjoy peace and prosperity.' What does this statement refer to?

'UN's Sustainable Development Goals'

'Entire industries and leaders themselves have to meaningfully transform—it can no longer be business as usual.' What is being implied by this statement?

'Business as usual' practices need to adapt to societal needs

Explore the strategies adopted by successful businesses in Africa as outlined in a book. Learn about bold visions for growth, identifying opportunities in challenges, and staying ahead of the competition.

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