Imoukhuede: African business must grow capital in a global way
Aigboje Aig-Imokhuede, the Chairman of Access Holdings says Africa needs to own and control it's capital. In a chat with CNBC Africa, Imokhuede maintains that businesses on the continent must establish their capital in a global manner.
Thu, 20 Jun 2024 14:33:56 GMT
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AI Generated Summary
- Imokhuede emphasizes the need for African companies to establish financial, intellectual, and cultural capital on a global scale to drive growth.
- The conversation highlights the role of the private sector in leveraging trade and investment ties between Africa and the Caribbean to facilitate Access Bank and Access Holdings' global expansion.
- Imokhuede's vision extends to various sectors beyond banking and industry, promoting a comprehensive approach to building sustainable businesses in Africa.
In a recent interview with CNBC Africa, Aigboje Aig-Imokhuede, the Chairman of Access Holdings, delved into the theme of global Africa and the opportunities it presents for both Africa and the Caribbean. Imokhuede emphasized the crucial role of the private sector in driving these opportunities and underscored the significance of African businesses owning and controlling their own capital. He highlighted the importance of not only establishing financial capital but also intellectual and cultural capital in a global manner for sustainable growth.
Imokhuede's insightful comments shed light on the need for African companies and entrepreneurs to take charge of their financial, intellectual, and cultural assets to foster growth on a global scale. He emphasized that ownership and control of capital are essential components for the advancement of societies, countries, and entire regions. Imokhuede's vision for a global Africa resonates with the idea that by expanding their capital in a global context, African businesses can unlock new avenues for growth and development.
The conversation with Imokhuede centered around the concept of leveraging trade and investment ties between Africa and the Caribbean to propel Access Bank and Access Holdings towards becoming global players in the financial sector. Imokhuede's strategic approach towards positioning African businesses on the global stage reflects a forward-thinking mindset aimed at capitalizing on emerging opportunities and driving sustainable development across the continent.
As African economies continue to evolve and integrate into the global market, Imokhuede's advocacy for a concerted effort to grow capital in a global way underscores the transformative potential of a unified approach towards leveraging Africa's resources and talents. By fostering a culture of entrepreneurship, innovation, and strategic investments, African businesses can carve out a space on the international stage and contribute meaningfully to the economic landscape.
Imokhuede's vision for a global Africa extends beyond traditional sectors like banking and industry to encompass diverse fields such as media and entertainment. By emphasizing the need for African enterprises to establish their financial, intellectual, and cultural capital on a global scale, Imokhuede is championing a holistic approach towards building sustainable businesses that can thrive in an increasingly interconnected world.
In conclusion, Imokhuede's insights underscore the importance of Africa owning and controlling its capital as a catalyst for growth and development. By embracing the theme of global Africa and fostering partnerships across regions, African businesses have the opportunity to chart a course towards a more prosperous future characterized by innovation, resilience, and global relevance.