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Virtual Book Launch: The Failure and Feasibility of Capitalism in Africa

The event started with opening remarks and an introduction of the author, Kenneth Omeje, and two discussants, Ndongo Samba Sylla and Toni Haastrup, by the moderator and director of the SSRC’s APN and NextGen program, Cyril Obi. This was followed by an overview of the book by the author. He identified the main objectives of the book as providing a critical assessment of capitalism in Africa, providing explanations for the failure of capitalism to lead to Africa’s development, and exploring options of transforming African political systems in ways that could lift millions of Africans out of poverty. Omeje noted that …