CFP: Africapitalism As An African Economic Philosophy

Submission deadline: August 31, 2020

Topic areas


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Africapitalism As An African Economic Philosophy

Call for Papers (Book Chapters)

Abstracts (250 Words maximum)

Submission Deadline for abstracts: August 31st, 2020


Ephraim-Stephen Essien, Ahmadu Bello University, Zaria, Nigeria

Kenneth Amaeshi, University of Edinburgh, UK

Paul Nnodim, Massachusetts College of Liberal Arts, USA



We welcome scholarly and well-written articles from experts in the field of African political and economic leadership on any of the topics in the list of topics below. Authors can create their topics on Africapitalism. Papers must be written in English, having between 4000 and 5000 words, prepared for blind review. Use of the APA (7th edition) referencing style is recommended. Papers will be peer-reviewed for publication with a reputable UK academic publisher. Deadline for submission of full papers is October 31st, 2020.

Kindly send your abstracts by email to:

Ephraim-Stephen Essien, PhD

Associate Professor,

Department of Philosophy,

Ahmadu Bello University,

Zaria, Nigeria

Email: ;

Phone: +2348062555776








  1. Africapitalism and capitalism delineated
  2. Africapitalism and socialism redefined
  3. Africapitalism and African socialism
  4. Africapitalism and African communalism
  5. Africapitalism and communitarianism
  6. Africapitalism and Pan Africanism
  7. Theoretical foundations of Africapitalism
  8. Africapitalism as an African economic philosophy
  9. The economic basis of Africapitalism
  10. The philosophical foundations of Africapitalism
  11. Africapitalism and philanthropy
  12. Economic ethics and Africapitalism
  13. Africapitalism and African sustainable development
  14. Africapitalism and corporate social responsibility
  15. Africapitalism and African leadership
  16. Africapitalism and democracy
  17. Is Africapitalism a capitalism Africanized?
  18. Africapitalism and poverty alleviation in Africa
  19. Africapitalism and foreign investment in Africa
  20. Africapitalism in a corruption-laden Africa
  21. Africapitalism and the United Nations Sustainable Development Goals
  22. Africapitalism and a  deconstruction of capitalism
  23. Africapitalism and humanitarian aid in Africa
  24. Africapitalism and multinational enterprises in Africa
  25. Africapitalism and Ubuntu philosophy
  26. Africapitalism and economic diplomacy in Africa
  27. Africapitalism and eco-politics in Africa
  28. Africapitalism and technology in Africa
  29. Africapitalism and education in Africa
  30. Africapitalism: A curriculum for an African Business Philosophy
  31. Africapitalism and foreign debts in Africa
  32. Africapitalism and post Covid-19 Africa
  33. Africapitalism and regional integration


What is Africapitalism?

Africapitalism is an economic philosophy that the African private sector has the power to transform the continent through long-term investments, creating both economic prosperity and social wealth. It involves the developmental impact of the entrepreneur on his immediate society. Africapitalism is the middle ground between business and philanthropy (Elumelu 2014). It is an economic philosophy that embodies the private sector’s commitment to the economic transformation of Africa through investments that generate both economic prosperity and social wealth (Amaeshi & Idemudia 2015). The basic features of Africapitalism include:

  • Transforming private investment into social wealth (Elumelu 2014).
  • Promoting entrepreneurship.
  • Elements of social enterprise.
  •  Local value creation. This involves an explicit effort on the part of businesses and African policymakers to facilitate more value addition within African economies to ensure more of the benefits of the continent’s natural resources remain in Africa.

Further Reading

Afua Hirsch, west Africa correspondent. "'Africapitalism' promises new model of African self-empowerment | Afua Hirsch | Global development". The Guardian.

Amaeshi, Kenneth (2 October 2013) "Africapitalism: Unleashing the power of emotions for Africa's development?", African Arguments

Amaeshi, Kenneth; Idemudia, Uwafiokun (2015). "Africapitalism: A Management Idea for Business in Africa?". Africa Journal of Management. 1 (2): 210–223. doi:10.1080/23322373.2015.1026229.

Anna Leach. "14 ways African governments can extract more from their natural riches | Global Development Professionals Network". The Guardian.

Court, Alex (5 December 2014) "Nigerian billionaire pledges $100 million to help grow 10,000 African startups", CNN

Doane, Deborah (25 February 2014) "Social enterprise: Can it succeed where traditional development has failed?", The Guardian

Edwards, Ruby (12 July 2013) Can Africapitalism save the continent?", The Guardian

Elumelu, Tony O. (20 November 2014). "The rise of Africapitalism". The Economist.

Elumelu, Tony (22 April 2013). "The 3 ingredients for sustaining Africa's growth". Financial Times.

Elumelu, Tony (9 May 2012). "Entrepreneurs should be watching Africa". Financial Times.

Hart, Stuart and Prahalad, CK (10 January 2002) "The fortune at the bottom of the pyramid", Strategy+Business

Jacks, Mzwandile (8 July 2013) "Obama the Africapitalist: Creating a private sector development",

Nurse, Earl; Dougherty, Jill (12 November 2013). "Tony Elumelu: The 'Africapitalist' who wants to power Africa". CNN.

Preston, Caroline (5 June 2012) "Nigerian banker urges business approach to poverty in Africa", The Chronicle of Philanthropy

Rosenkranz, Rolf (6 January 2014). "Tony Elumelu's new Africapitalism". Devex.

Stern, Gabriella (8 May 2014) "'Africapitalist' says it's time for private sector to step up", The Wall Street Journal Frontiers

Young, Holly (13 June 2014) "Social enterprise to Africapitalism: Do the alternatives to capitalism work?", The Guardian

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