Bon Osonwanne’s Post

In his latest article, our Chairman Tony O. Elumelu, C.F.R highlights the urgent need to empower young African entrepreneurs to tackle climate challenges. He emphasises the need for stronger partnerships between governments, philanthropies, and the private sector to support these entrepreneurs and unlock Africa’s green potential. “To unlock the full potential of green solutions in Africa, we must nurture entrepreneurship — and this cannot be achieved by governments alone. We need to integrate government incentive schemes, with the opportunities presented by the private sector. It is imperative that we unite philanthropies, policymakers, and businesses. I refer to this movement as “Africapitalism”— a call for partnership led by the private sector, focused on fostering prosperity for all.” – Tony O. Elumelu, C.F.R At Transcorp, we believe that sustainable economic development must be driven by African-led initiatives that not only generate wealth but also uplift communities. When we empower entrepreneurs and drive innovation, we can achieve inclusive and impactful progress. Read the full article here: https://lnkd.in/dKidfUjA #Africapitalism #Entrepreneurship #TranscorpTransforms

Last week, we marked Nigeria's independence and reflected on our roles in shaping our nation's future. Today, let's turn reflection into action! Here are 5 ways to contribute: 1. Mentorship: Share expertise with someone younger. 2. Volunteer: Support local organizations. 3. Innovate: Develop solutions to pressing challenges. 4. Collaborate: Partner on projects or businesses. 5. Advocate: Speak up for positive change. Personally, I participated in @54collective's Explore Program, a game-changer for entrepreneurs! @54collective is a venture capital firm revolutionising investment and scaling idea to early-stage ventures throughout Africa. Their rigorous worksheet template resets your mindset, ensuring seriousness and focus. What struck me was @54collective's commitment to inclusivity, ensuring no one was left behind. They implemented their teaching. Talk about the "do as I do(not as I say)" rhyme. Thank you, @54collective, for: - Mind-changing knowledge - Connection with fellow Africans (Nigeria, Kenya, South Africa, Uganda, and more) - Empowering #buildingAfrica On a lighter note, if you want to learn community management from a pro, ensure to follow Mwihaki G. (I don't know how she does it but she is good in people management). #54collective #Innovation #ExploreProgram #VentureCapital #Investment #StartUp #BuildWithoutBoundaries #NationBuilding #Africa

Africapitalism: The Path to Nigeria’s Economic Revival I recently revisited Tony O. Elumelu, C.F.R Africapitalism concept, which I first heard during his keynote at the CBIN Banking & Finance Conference. As a long-time supporter of capitalism, I’ve always seen it as one of the greatest tools humanity has crafted for economic progress. Africapitalism, introduced by Elumelu in 2011, adds a powerful dimension—private sector-driven growth that also delivers social prosperity. It’s a call for African entrepreneurs to invest long-term in industries that build economic wealth and foster social impact. Given Nigeria’s vast untapped resources, underdeveloped industries, and millions of entrepreneurial minds, Africapitalism offers a roadmap for true economic transformation. The key lies in creating an enabling environment for innovation, prioritizing power and security, promoting entrepreneurship, and tapping into local human resources. Despite being the 6th most populous nation and one of the world’s largest oil producers, Nigeria struggles with massive poverty, largely due to political instability and underinvestment in critical sectors like agriculture, mining, and tourism. Africapitalism highlights that inclusive capitalism, impact investing, and conscious entrepreneurship can break this cycle. Strategic investments in profitable ventures that also have social and environmental benefits can elevate not only Nigeria but the entire African continent. The value chain of any nation thrives when industries work to not only generate profit but also enrich society and alleviate poverty. As Elumelu has stated, we must focus on local solutions—stop importing everything and start empowering innovators who can solve Africa’s challenges with African solutions. Logistics and infrastructure, such as railway systems and electricity, are the lifeblood of economic movement, and must be developed with urgency. Africapitalism offers a chance for Nigeria to build a new economic future—one driven by innovation, value creation, and inclusive growth. By embracing this philosophy, we can ignite a true economic revolution across the continent. #Africapitalism #TonyElumelu #EconomicRevolution #NigeriaEconomy #Entrepreneurship #ImpactInvesting Oge Elumelu Oluwakemi Osinimu Kayode The Tony Elumelu Foundation

Storytelling has a unique power to inspire action, transform mindsets, and build connections. This video on #GenderLensInvesting is a good example of how impactful audio-visual storytelling can be. The combination of compelling narratives and high-quality videography brings crucial messages to life, making complex topics accessible and engaging. In this space, I’ve seen how well-crafted visuals paired with the right words can amplify a brand’s mission. Whether it’s through photography, videography, or written content, it's always about creating an authentic, engaging experience. Proud to work across diverse sectors, helping individuals and organizations craft their stories with clarity, creativity, and impact. #Storytelling #Videography #Communications #SocialMedia #ImpactInvesting #Entrepreneurship

Personal development is not just a journey; it’s a luxury that shapes the tapestry of your career. Today, we’re discussing how investing in yourself through online courses, workshops, and books can be your most significant luxury. Keep the learning going by following Burgeon Careers Statistics show that professionals committed to personal development are more likely to excel and adapt to industry changes successfully. Unlock the potential of continuous personal development with our curated insights and tips, especially designed for African immigrants aiming for professional excellence. Absorb the knowledge, save this for your growth path, and share with peers who value personal advancement. And if you’re seeking a roadmap tailored just for you, our career consultations can chart your course to success. Book your slot today and invest in the luxury of your growth. Always rooting for you to flourish rapidly in your Career. . . . #PersonalDevelopment #CareerGrowth #ContinuousLearning #InvestInYourself #ProfessionalExcellence #OnlineCourses #Workshops #Books #BurgeonCareers #AfricanImmigrants #CareerConsultations #ProfessionalAdvancement #GrowthMindset #SuccessJourney #newyork #africansindiaspora

A really insightful conversation—speaking on entrepreneurial development in Malawi. Also my first panel discussion in my mother tongue: Chichewa. Have a listen: https://lnkd.in/g9sGvYht

Highlights of Harry 'Tomi Davies' keynote address on "The African Early-Stage Investment Opportunity" on Day 2 of the Global Entrepreneurship Congress+ Africa (GEC+ Africa) in Cape Town, South Africa. "This year, ABAN embarks on a thematic journey, under the banner "Consolidating Angel Investing Across Africa and the Diaspora." This theme is not merely a statement of intent but a clarion call for #unity, #collaboration, and strategic cross-border #investments that transcend geographical and economic boundaries. Our aim is clear – to weave a network of #angelinvestors that spans across Africa and its diaspora, creating a robust, inclusive, and sustainable ecosystem for #startups to thrive." Harry 'Tomi Davies - President, ABAN Small Enterprise Development Agency_gov 22 ON SLOANE UVU Africa Global Entrepreneurship Network

As we wrap up this year, We want to extend a heartfelt “thank you” to all our amazing young entrepreneurs, partners, and stakeholders. Your unwavering support has propelled us to new heights, through breakthrough innovations, dynamic collaborations, and a shared commitment to driving Ghana’s economy forward. Get ready for an even brighter 2025! We have big plans to scaleup YESS Fund and YecSpace, strengthen policy advocacy, launch advanced training programs, and create international partnerships that will keep Ghana at the forefront of entrepreneurship on the continent. Wishing you a #MerryChristmas and a #HappyNewYear filled with success, growth, and impactful achievements! Stay tuned—together, we’re shaping the future of business in Ghana and beyond. European Union in Ghana GIZ Ghana World University Service of Canada (WUSC - EUMC) Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH #YouthEntrepreneurs #GhanaBusiness #BusinessGrowth #Innovation #AfricaRising #Entrepreneurship #YouthEmpowerment #StartupSuccess #startupsuccess

Have you ever wondered why there is so much buzz around #Africa's Big 4 for startups: Nigeria, Egypt, Kenya and South Africa 🇳🇬 🇪🇬 🇰🇪 🇿🇦 ? They are leading the way, receiving 92% of Africa's #investments, especially those related to technology. But there is more to it than that if we want to better understand the #entrepreneurial landscape in Africa. Take a look at the full article and let me know what you think. 👇 https://lnkd.in/grjv7BJc #impact #africa #entrepreneurship #founders #femalefounders #africanstartups

Yesterday, I had a thought-provoking discussion with Hana Kaise, the Co-founder and General Partner at Bilow Capital, a venture studio dedicated to building ventures in the Horn of Africa. We discussed the challenges of unequal resource distribution in Africa, noting that countries like Kenya, Nigeria, South Africa, and Egypt receive 83% of the entire African funding, while the other 50 African countries share the remaining 17% with regions like Somalia, Ethiopia, Djibouti, and Eritrea struggling to attract investments. Hana emphasized that regions with a growing economy, open investment policies, internal investment structures, and a focus on ecosystem building will attract more investors. The hindrances to Africa's entrepreneurial landscape; - Political instability - Unfavorable policies - High taxation, inflation - Lack of basic infrastructure. She stressed the importance of capacity building for founders, which can be achieved through venture building which addresses in entirety capicity building and awarenes which forms basis for any successful venture, knowledge. She believes that with the abundance of young individuals eager to change the narrative, this is Africa's century. #supperafrica. Summary of our discussion: - Startup Failure Rates and Potential Solutions: High failure rates are due to policy issues, political instability, inflation, and lack of infrastructure. Venture building can mitigate these risks, reducing startup failure rates by 40% or more. - Unequal Investment Distribution: 83% of investment goes to four countries, leaving the rest with only 17%. How can we address this imbalance? Here's the solution: - Improving Track Records: Focusing on growing our economies, open investment policies, internal investment structures, and ecosystem building to attract more investors. - Building Strong Leadership: Overcoming challenges such as tribalism and discrimination is key to creating suitable grounds for investments. - Changing the Narrative: By standing on our morals and building teams based on merit, we can combat discrimination and corruption. Hana's belief that Africa's youth can transform the continent is inspiring. Together, we can change the narrative in African investment and entrepreneurship. #AfricaRising #Entrepreneurship #Innovation #VentureBuilding #LeadershipDevelopment #Investment