In a significant development, Nigerian businessman and renowned philanthropist, Tony Elumelu, has been named the co-chairperson of the Business 20 (B20) India Action Council, focusing on African economic integration.
The B20 serves as the official G20 dialogue forum that connects with the global business community, and it plays a pivotal role in the G20’s engagement process. Established in 2010, the B20 boasts participation from prominent companies and business organizations.
This council leads the charge in uniting global business leaders to articulate their perspectives on matters related to worldwide economic and trade governance, presenting a unified voice on behalf of the entire G20 business community.
According to a statement on the B20 India website, the African economies have embarked on an ambitious journey of continent-wise economic integration.
“The B20 must come together to offer extensive support to make this process a success and work towards African economic development,” the statement reads.
“This agenda will provide a wide range of meaningful benefits to all nations on the African continent and beyond.
“By aiding business participation in Africa, international cooperation in this area will foster an enabling environment for its overall inclusive growth.”
The action council is chaired by Sunil Bharti Mittal, founder of Bharti Enterprises, India.
Co-chairpersons include Ethiopia’s Bethlehem Tilahun Alemu, founder and chief executive officer (CEO) of SoleRebels, Ethiopia; Patricia Nzolantima, founder of Bizzoly Holding, from the Democratic Republic of Congo; Cameroon’s Rebecca Enonchong; CEO, AppsTech and chairperson, Afrilabs; among others.