Tackling negative narrative about Africa could help resolve multiple problems ravaging the continent, says Mr Tony Elumelu, Chairman Heirs Holdings at the Chatham House in London.

Speaking at an event tagged “Growing Businesses of Scale in Sub-Saharan Africa: Job Creation, Innovation and Industrialization,” Elumelu said that Africa’s greatest challenge is the pervading negative narrative about the continent.

Elumelu, one of Africa’s foremost entrepreneur also said that long term private investment in electricity infrastructure will create an enabling environment for business growth in Africa.

The event launched a new Chatham House Africa Programme report on growing businesses of scale in sub-Saharan Africa. The event brought together senior policymakers, business representatives, civil society and other experts to discuss opportunities for creating jobs in sub-Saharan Africa through the scaling up of small- and medium-sized enterprise.

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Participants includes, Rory Stewart OBE MP, Minister of State, Department for International Development and Minister of State, Foreign and Commonwealth Office, Mr Tony O. Elumelu, Murray Grant, Managing Director, Intermediated Equity, CDC Group, Henry Thompson, Project Consultant, Africa Programme, Chatham House; Report Author, Dr Gita Honwana Welch, Associate Fellow, Africa Programme, Chatham House; Report Author Chair: Dr Alex Vines OBE, Research Director, Area Studies and International Law; Head, Africa Programme, Chatham.

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