The Chief Executive Officer of BHM Holdings, Ayeni Adekunle, says Africa’s next phase of economic growth will depend partly on its ability to build companies capable of competing and operating at a global scale.
Speaking at the fourth edition of Africa Breakfast Convos (ABC) 2026 in New York on Friday, Adekunle said Nigeria and other African countries have the potential to produce globally competitive businesses.
He argued that Africa’s long-term economic prospects would depend not only on the size of its markets but also on the capacity of its businesses to serve those markets and expand beyond them.
His remarks came as business leaders, investors and policymakers gathered on the sidelines of the 81st United Nations General Assembly (UNGA 81) to discuss the trade, investment and partnerships shaping Africa’s position in the global economy.
“I like to look into the future and imagine what is possible if we build 10 or 20 global companies out of Nigeria,” Ayeni said.
“Despite the challe...
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