Africapitalism in the Global Entrepreneurship Congress spotlight

Africapitalism is a economic philosophy that the African private sector across 54 countries must play a critical role in the economic transformation and development of Africa.

Tony Elumelu Foundation CEO, Parminder Vir, says African businesses have grown dependent on government for job creation and now it is time for them to play a central role.

Parminder was part of a panel that looked at the vision for entrepreneurship at the Global Entrepreneurship Congress (GEC) currently underway at the Sandton Convention Centre.

We have to change mindset, we want to create future job creators and not job seekers.

Parminder Vir, Tony Elumelu Foundation CEO

Listen to the interview with Parminder Vir for more on what entrepreneurs need to do...

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Africa Business: Which sectors are set to grow in Africa?

Africa Business: Which sectors are set to grow in Africa?

Many sectors have room to grow driven by the pent up demand and opportunistic entrepreneurial approach to gaps in the market.

SA ranked 2nd most entrepreneurial nation in Africa

SA ranked 2nd most entrepreneurial nation in Africa

Research by Global Entrepreneurship and Development Institute ranks SA 55th out of 137 countries (ahead of Russia, Brazil, China).

Ramaphosa to open Global Entrepreneurship Congress

Ramaphosa to open Global Entrepreneurship Congress

South Africa is the first African continent to host this prestigious international event to help entrepreneurs.

'Conducive environment needed to boost entrepreneurship in SA'

'Conducive environment needed to boost entrepreneurship in SA'

Matsi Modise describes what South Africa can learn from other African countries in entrepreneurship.

How to make South Africa a thriving space for entrepreneurs

How to make South Africa a thriving space for entrepreneurs

Vusi Thembekwayo tackles the challenges facing entrepreneurs in South Africa, and focuses on how to fix things moving forward.

How rethinking Africa's economic philosophy can boost the continent

How rethinking Africa's economic philosophy can boost the continent

Africa can explore a new form of economic policy that considers the continent's state of development, says Somachi Chris-Asoluka.

The state of entrepreneurship in South Africa

The state of entrepreneurship in South Africa

Faculty Head of Entrepreneurship at GIBS takes us through the challenges and opportunities of entrepreneurship in South Africa.

White House invites SA business incubator to speak at Entrepreneurship Summit

White House invites SA business incubator to speak at Entrepreneurship Summit

The CEO of one of Africa’s most successful for-profit business incubators will speak at the 2015 Global Entrepreneurship Summit.

Popular articles
Struggles interracial couples still face

Struggles interracial couples still face

The Open Line took an unexpected turn when a caller in an interracial relationship shared how her father rejected her partner.

10 sexting tips on how to keep things spicy (and safe)

10 sexting tips on how to keep things spicy (and safe)

Interested in sexting but worried about the risks? Dr Eve has created a guideline to help you 'sext' in a fun and responsible way.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Makhabane says Ncwane was feeling weak yesterday and his wife phoned paramedics to check on him.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?