--- title: "Meaning & Key Takeaway of: Entrepreneurship is the cornerstone to…" description: "\"Entrepreneurship is the cornerstone to African development and the key to local value creation in Africa. I am determined to ensure that Africa's next ..." image: "https://sms4smile.com/quotes/i/8f7/tony-elumelu-73404_africa_entrepreneurship-is-the-cornerstone-to-a_59492.jpg" --- # Entrepreneurship is the cornerstone to African development… ![“Entrepreneurship is the cornerstone to African development and the key to local value creation in Africa. I am determined to ensure that Africa's next generation of entrepreneurs have the platform they need to turn their entrepreneurial aspirations into sustainable businesses that will drive…” quote by Tony Elumelu](https://sms4smile.com/quotes/i/8f7/tony-elumelu-73404_africa_entrepreneurship-is-the-cornerstone-to-a_59492.jpg) [Download](https://sms4smile.com/quotes/i/8f7/tony-elumelu-73404_africa_entrepreneurship-is-the-cornerstone-to-a_59492.jpg) [Open image](https://sms4smile.com/quotes/i/8f7/tony-elumelu-73404_africa_entrepreneurship-is-the-cornerstone-to-a_59492.jpg) > “Entrepreneurship is the cornerstone to African development and the key to local value creation in Africa. I am determined to ensure that Africa's next generation of entrepreneurs have the platform they need to turn their entrepreneurial aspirations into sustainable businesses that will drive economic growth and job creation across Africa.” [Tony Elumelu](https://sms4smile.com/quotes/author/tony-elumelu/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Entrepreneurship drives economic development by creating locally produced goods and services, fostering sustainable growth and employment across the continent. **In simple terms:** Entrepreneurship fuels Africa's economic growth. Key Takeaway Entrepreneurship is essential for sustainable development. Themes Economic development Local value creation Job creation Sustainable business Youth empowerment Mood Optimistic Purposeful Inspirational Type Visionary Motivational When to use this quote - Launching startups in emerging markets - Scaling local manufacturing - Creating jobs for youth - Building regional supply chains Key Concepts Entrepreneurship Economic growth Innovation Capacity building Practical Applications - Mentorship platforms for aspiring entrepreneurs - Funding programs for early‑stage ventures Questions to Reflect On - How can ecosystems support long‑term sustainability of new ventures? - What policies best amplify the impact of entrepreneurship on job creation? ★ ★ ★ ★ ★ No ratings yet [Africa](https://sms4smile.com/quotes/about/africa/) [Africa Generation](https://sms4smile.com/quotes/about/africa-generation-815397/) [African Development](https://sms4smile.com/quotes/about/african-development-815395/) [Aspiration](https://sms4smile.com/quotes/about/aspiration/) [Business](https://sms4smile.com/quotes/about/business/) [Cornerstone African](https://sms4smile.com/quotes/about/cornerstone-african-815396/) [Cornerstones](https://sms4smile.com/quotes/about/cornerstones/) [Creation](https://sms4smile.com/quotes/about/creation/) [Determined](https://sms4smile.com/quotes/about/determined/) [Development](https://sms4smile.com/quotes/about/development/) [Economic](https://sms4smile.com/quotes/about/economic/) [Economic growth](https://sms4smile.com/quotes/about/economic-growth/) [Entrepreneur](https://sms4smile.com/quotes/about/entrepreneur/) [Entrepreneurial](https://sms4smile.com/quotes/about/entrepreneurial/) [Entrepreneurship](https://sms4smile.com/quotes/about/entrepreneurship/) [Entrepreneurship Cornerstone](https://sms4smile.com/quotes/about/entrepreneurship-cornerstone-815394/) [Generations](https://sms4smile.com/quotes/about/generations/) [Growth](https://sms4smile.com/quotes/about/growth/) [I am determined](https://sms4smile.com/quotes/about/i-am-determined/) [Job creation](https://sms4smile.com/quotes/about/job-creation/) [Jobs](https://sms4smile.com/quotes/about/jobs/) [Keys](https://sms4smile.com/quotes/about/keys/) [Locals](https://sms4smile.com/quotes/about/locals/) [Needs](https://sms4smile.com/quotes/about/needs/) [Next](https://sms4smile.com/quotes/about/next/) [Next generation](https://sms4smile.com/quotes/about/next-generation/) [Platforms](https://sms4smile.com/quotes/about/platforms/) [Turns](https://sms4smile.com/quotes/about/turns/) [Values](https://sms4smile.com/quotes/about/values/) ## Related quotes > [Ebola is not just a health crisis. 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I was happy never making money; I just was happy doing things I liked. But I fell into…](https://sms4smile.com/quotes/david-rubenstein/moneymaking-was-never-anything-to-me-i-was-happy-never-making-money-i/) [David Rubenstein](https://sms4smile.com/quotes/author/david-rubenstein/) > [I'm a fully trained cosmonaut and have completed 800 hours training, which has made me the No. 1 civilian reserve ready to visit the…](https://sms4smile.com/quotes/brian-blessed/i-m-a-fully-trained-cosmonaut-and-have-completed-800-hours-training/) [Brian Blessed](https://sms4smile.com/quotes/author/brian-blessed/) > [I come from a very wiry and long-lived race. Some of my ancestors have been centenarians, and one of them lived 129 years. I…](https://sms4smile.com/quotes/nikola-tesla/i-come-from-a-very-wiry-and-long-lived-race-some-of-my-ancestors-have/) [Nikola Tesla](https://sms4smile.com/quotes/author/nikola-tesla/) > [Today I am determined to go through the day with ought hurting myself, or another, with my thoughts or my actions.](https://sms4smile.com/quotes/gerald-jampolsky/today-i-am-determined-to-go-through-the-day-with-ought-hurting-myself/) [Gerald Jampolsky](https://sms4smile.com/quotes/author/gerald-jampolsky/) > [In respect of Indonesia, I am determined to be the best possible friend of Indonesia that I can be, consistent with my overriding duty…](https://sms4smile.com/quotes/tony-abbott/in-respect-of-indonesia-i-am-determined-to-be-the-best-possible/) [Tony Abbott](https://sms4smile.com/quotes/author/tony-abbott/) > [This generation may either be the last to exist in any semblance of a civilised world or that it will be the first to…](https://sms4smile.com/quotes/richard-st-barbe-baker/this-generation-may-either-be-the-last-to-exist-in-any-semblance-of-a/) [Richard St. Barbe Baker](https://sms4smile.com/quotes/author/richard-st-barbe-baker/) > [It is necessary that I should qualify the doctrine of its being not men, but measures, that I am determined to support. In a…](https://sms4smile.com/quotes/henry-brougham-1st-baron-brougham-and-vaux/it-is-necessary-that-i-should-qualify-the-doctrine-of-its-being-not/) [Henry Brougham, 1st Baron Brougham and Vaux](https://sms4smile.com/quotes/author/henry-brougham-1st-baron-brougham-and-vaux/) > [I am determined to elect a president of our choosing this year and one who will be deeply indebted, and who will recognize his…](https://sms4smile.com/quotes/howard-hughes/i-am-determined-to-elect-a-president-of-our-choosing-this-year-and/) [Howard Hughes](https://sms4smile.com/quotes/author/howard-hughes/) > [I am determined that nothing but the deepest love could ever induce me into matrimony.](https://sms4smile.com/quotes/jennifer-ehle/i-am-determined-that-nothing-but-the-deepest-love-could-ever-induce/) [Jennifer Ehle](https://sms4smile.com/quotes/author/jennifer-ehle/) > [People ask me why I work so hard and why I have this compassion to reach the top and be great. I respond by…](https://sms4smile.com/quotes/robert-cheeke/people-ask-me-why-i-work-so-hard-and-why-i-have-this-compassion-to/) [Robert Cheeke](https://sms4smile.com/quotes/author/robert-cheeke/) > [I am still determined to be cheerful and happy in whatever situation I may be.](https://sms4smile.com/quotes/martha-washington/i-am-still-determined-to-be-cheerful-and-happy-in-whatever-situation/) [Martha Washington](https://sms4smile.com/quotes/author/martha-washington/) ## More by Tony Elumelu > [Businesses acting as businesses, not as charitable donors, are the most powerful force for addressing the pressing issues society face(s)](https://sms4smile.com/quotes/tony-elumelu/businesses-acting-as-businesses-not-as-charitable-donors-are-the-most/) [Tony Elumelu](https://sms4smile.com/quotes/author/tony-elumelu/) > [Everything I have today is because of Africa, I was born here, went to school here, I work here and I'm achieving some level…](https://sms4smile.com/quotes/tony-elumelu/everything-i-have-today-is-because-of-africa-i-was-born-here-went-to/) [Tony Elumelu](https://sms4smile.com/quotes/author/tony-elumelu/) > [Heirs Holdings has the ambition to generate at least a quarter of Nigeria's power consumption needs in the next five years](https://sms4smile.com/quotes/tony-elumelu/heirs-holdings-has-the-ambition-to-generate-at-least-a-quarter-of/) [Tony Elumelu](https://sms4smile.com/quotes/author/tony-elumelu/) [Explore all 4 Tony Elumelu quotes ](https://sms4smile.com/quotes/author/tony-elumelu/) ## More Africa quotes > [“We ought to know the history of our ancient ancestors.”](https://sms4smile.com/quotes/lailah-gifty-akita/we-ought-to-know-the-history-of-our-ancient-ancestors/) [Lailah Gifty Akita](https://sms4smile.com/quotes/author/lailah-gifty-akita/) > [Africa, being the major target of colonial plunder, therefore becomes a major source of conflict.](https://sms4smile.com/quotes/gerald-horne/africa-being-the-major-target-of-colonial-plunder-therefore-becomes-a/) [Gerald Horne](https://sms4smile.com/quotes/author/gerald-horne/) > [I'm in 'Madagascar 2.' I'm Testy the Lion. The franchise moves to Africa, and Bernie Mac is also in the film. I loved working…](https://sms4smile.com/quotes/tom-lister-jr/i-m-in-madagascar-2-i-m-testy-the-lion-the-franchise-moves-to-africa/) [Tom Lister, Jr](https://sms4smile.com/quotes/author/tom-lister-jr/) > [South Africa needs a second liberation.](https://sms4smile.com/quotes/robert-mugabe/south-africa-needs-a-second-liberation/) [Robert Mugabe](https://sms4smile.com/quotes/author/robert-mugabe/) > [There's a place in Botswana where there are 100,000 elephants living in a single population. Think of the amount of space they need. Remember,…](https://sms4smile.com/quotes/patrick-bergin/there-s-a-place-in-botswana-where-there-are-100-000-elephants-living/) [Patrick Bergin](https://sms4smile.com/quotes/author/patrick-bergin/) > [If you followed the media you'd think that everybody in Africa was starving to death, and that's not the case; so it's important to…](https://sms4smile.com/quotes/chimamanda-ngozi-adichie/if-you-followed-the-media-you-d-think-that-everybody-in-africa-was/) [Chimamanda Ngozi Adichie](https://sms4smile.com/quotes/author/chimamanda-ngozi-adichie/) > [Africa for the Africans... at home and abroad!](https://sms4smile.com/quotes/marcus-garvey/africa-for-the-africans-at-home-and-abroad/) [Marcus Garvey](https://sms4smile.com/quotes/author/marcus-garvey/) > [In Africa, animals and the natural landscape allow local communities to support themselves, as there is a constant source of money from tourism.](https://sms4smile.com/quotes/david-lidington/in-africa-animals-and-the-natural-landscape-allow-local-communities/) [David Lidington](https://sms4smile.com/quotes/author/david-lidington/) > [My mom is from Ghana, and my dad is from Detroit, so I would go back and forth to Africa a lot.](https://sms4smile.com/quotes/sam-richardson/my-mom-is-from-ghana-and-my-dad-is-from-detroit-so-i-would-go-back/) [Sam Richardson](https://sms4smile.com/quotes/author/sam-richardson/) > [I've never been invited to do an exhibition or do a talk in England, except once, about 10 years ago. I've given talks all…](https://sms4smile.com/quotes/brian-wildsmith/i-ve-never-been-invited-to-do-an-exhibition-or-do-a-talk-in-england/) [Brian Wildsmith](https://sms4smile.com/quotes/author/brian-wildsmith/) > [I represent my country, but I also represent the continent of Africa when I play in Europe. That's why it's important to try to…](https://sms4smile.com/quotes/yaya-toure/i-represent-my-country-but-i-also-represent-the-continent-of-africa/) [Yaya Toure](https://sms4smile.com/quotes/author/yaya-toure/) > [What we need in South Africa is for egos to be suppressed in favour of peace. We need to create a new breed of…](https://sms4smile.com/quotes/chris-hani/what-we-need-in-south-africa-is-for-egos-to-be-suppressed-in-favour/) [Chris Hani](https://sms4smile.com/quotes/author/chris-hani/) > [I was learning to track rhinoceroses in Africa and tracked right up on an animal that really I thought was going to kill me.](https://sms4smile.com/quotes/martha-beck/i-was-learning-to-track-rhinoceroses-in-africa-and-tracked-right-up/) [Martha Beck](https://sms4smile.com/quotes/author/martha-beck/) > [I am interested in bringing Africa to the foot of the Cross.](https://sms4smile.com/quotes/reinhard-bonnke/i-am-interested-in-bringing-africa-to-the-foot-of-the-cross/) [Reinhard Bonnke](https://sms4smile.com/quotes/author/reinhard-bonnke/) > [My mother is a huge fan of my work. I told her about 'Coraline' long before the film was made, and she got the…](https://sms4smile.com/quotes/henry-selick/my-mother-is-a-huge-fan-of-my-work-i-told-her-about-coraline-long/) [Henry Selick](https://sms4smile.com/quotes/author/henry-selick/) [Browse all 1,665 Africa quotes ](https://sms4smile.com/quotes/about/africa/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Entrepreneurship is the cornerstone to African development and the key to local value creation in Africa. 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