The Importance of Capitalism in Africa

Nigeria's most well-known economist Tony Elumelu tells us why Africa needs to rethink it's relationship with business.

He explains "Africapitalism", the idea that the private sector can transform Africa's economy and society for the better.

He also discusses a number problems slowing economic growth in Africa, including young, well-educated people leaving for better opportunities elsewhere and a lack of investment in the tech sector.

Presenter / producer: Peter MacJob (Image: Tony Elumelu: Credit: Getty Images)