Tony Elumelu, chairman of the United Bank of Africa and Heirs Holdings, says the European Union’s investment in Africa is not being felt due to over-reliance on the government.while reflecting on his discussions with Jutta Urpilainen, the EU commissioner for international partnerships.
“Africa is a thriving continent, with 60% of its population under 35. This is an immense opportunity for growth, innovation, and sustainability; but first, we must define how we all contribute towards building the Africa we want to see.Advertisement “Let’s also ask the EU – why if the EU is investing significantly in Africa, is it not being felt? We can’t keep doing the same thing over and over and expecting a different outcome.