Project Information

Project Information

The Africapitalism research project seeks to explore the constraint, enablers and framing of the private sector in Africa’s sustainable development. It aims to contribute to the re-imagination of capitalism in Africa by examining the uniqueness of Africapitalism and how it differs from (and or similar to) other attempts to reshape capitalism (e.g. inclusive capitalism, responsible capitalism, conscious capitalism et cetera).

The study will focus primarily on business leaders, investors, and entrepreneurs engaged in Africapitalism, even if they do not currently label their practices as such, to see how Africapitalism is enacted in practice, and how the Africapitalism philosophy shapes strategic business and policy decisions. It will also capture the views and roles of policy makers and the civil society in rethinking capitalism in Africa.

This research project is a four-country study. The four countries involved in the project are Cote d’Ivoire, Kenya, Nigeria, and South Africa. A further element of the research will involve comparative analyses of the four countries, drawing out the theoretical and policy/practice implications of the study and the other elements of the overall project.

The study will lead to academic outputs, through journal articles and a book, as well as impact outputs through briefing documents and any other appropriate media, including web-sites, blogs and Twitter conduits. The project will also have a dissemination conference next year (2015) in Africa.

The project is an international partnership involving nine universities: Pan Atlantic University – Lagos Business School  (Nigeria); Strathmore Business School (Kenya); University of Loughborough; University of Nottingham; University of Durham (UK); York University (Canada); University of Cape Town (South Africa); and University of Grand-Bassam (Cote d’Ivoire); with the University of Edinburgh (UK) overseeing the entire project.


Research Project team members

Dr. Kenneth Amaeshi is currently leading the international research project on Africapitalism, which explores the role of the private sector in Africa’s development. Kenneth is a Reader in Strategy & International Business, and the Director of the Sustainable Business Initiative at the University of Edinburgh Business School. Prior to joining the School in July 2010, he was a Lecturer in Strategy and Policy Innovation at the Cranfield School of Management, a Research Fellow at the University of Warwick (Warwick Business School and Warwick Manufacturing Group, respectively) and a management consultant at Phillips Consulting and ReStraL Consulting, Lagos, Nigeria, respectively. Kenneth is a Fellow of the UK Higher Education Academy and currently holds Visiting Faculty positions at the Cranfield School of Management, UK, and the Lagos Business School, Nigeria, respectively. Besides teaching and researching, Kenneth works with businesses, NGOs and governments, in the broad areas of strategic corporate responsibility & governance, sustainability strategy & sustainable investing, and stakeholder strategy & reputation management.

Adun Okupe is the Research Fellow who is project managing the Africapitalism research project at the University of Edinburgh Business School. Working closely with other collaborators on the project, she will support the four workgroups and is the first point of call for queries and information related to the project. Adun is completing her PhD on Elite Leadership in the Airline industry at the University of Surrey. Her primary interest is in the role of leaders as instruments for economic and social development. Her Masters in Globalization and Development Studies was earned from the School of Oriental and African Studies (SOAS, University of London) and she has a first class Business Economics degree from University of Keele. Adun has worked on advisory projects in Europe and Africa, focused on the infrastructure, healthcare and tourism sectors. A qualified Chartered Accountant, she is also a member of the Institute of Chartered Accountants of Scotland.

Professor Amon Chizema’s research interests are in the field of corporate governance, in particular, executive compensation, adoption and implementation of codes of corporate governance and the impact of corporate governance on economic development. He considers these aspects of corporate governance using the neo-institutional theory lens and variants of institutional economics. His work has been supported by research grants from the Nuffield Foundation and the British Academy. He has presented his research in several countries (e.g., UK, USA, China, Japan, Germany, France, Italy, Belgium, Tunisia, and the Republic of Ireland) at international conferences such as The Academy of International Business (AIB), Academy of Management (AoM) and Society for the Advancement of Socio-Economics (SASE). His research has been published in leading academic journals such as Strategic Management Journal, Journal of Management Studies, Journal of World Business, Corporate Governance: An International Review and International Business Review. He serves on the editorial boards of Journal of Management Studies and Corporate Governance: An International Review as well as the founding Book Review Editor of the Africa Journal of Management.

Dr Judy N. Muthuri is currently at the International Centre for Corporate Social Responsibility (ICCSR), Nottingham University Business School where she is the Director of MSc and Admissions Tutor in Corporate Social Responsibility. She also teaches sustainability, business ethics, and corporate social responsibility. She is currently a Programme Adviser for the Comic Relief Trade Programme, a Board Member for Voluntary Services Overseas in UK, and a member of the Sustainability Advisory Board for London Mining Plc. Judy worked for a number of years in the civil society sector in East Africa in the areas of business and social development, and women and economic empowerment. Her current research is focused on corporate social innovation; corporations and development; sustainable supply chain; business and human rights; CSR in Africa; and, stakeholder engagement. Her published work appears in peer-reviewed journals, and has also published a number of book chapters and co-authored a series of practitioner reports on stakeholder engagement and corporate community involvement in the United Kingdom for the Charities Aid Foundation. Dr Muthuri is a member of various academic associations including The Academy of Management; Academy of Management where she is a founding executive member and serves as the Membership Coordinator; European Group for Organizational Studies; and the International Academy of African Business and Development where she serves as the Vice President of Communications.

Dr. Nceku Nyathi started working at UCT GSB in September 2013 as a Senior Lecturer at the Allan Gray Centre for Values-Based Leadership. Previously I worked at The Open University Business School (OUBS) and The University of Leicester, School of Management. She has a Bsc (Hons) from Cirencester, an MA from Warwick and PhD from University of Leicester. At OUBS she was part of the team that developed the new stage 1 of the MBA program: ‘Management perspectives and practice’ and the MBA elective on Leadership and Management in Intercultural contexts. In addition to this she also worked in teaching and education development many countries across the world. Nceku is a founding member of the Africa Academy of Management (AFAM). His research interests are in alternative perspectives of organizations such as Africapitalism, Indigenous knowledge - ubuntu, critical perspectives on management and leadership, international management including implementation of western approaches and HRD practices in non-western or multinational contexts; the ‘internationalisation’ of management education; the role and development of the MBA and Internationalisation/globalisation of management learning/education., individual and organisational learning within an international context, globalization and behaviour in the global economy

Dr. Emmanuel Adegbite is a member of the international research project on Africapitalism, with an empirical focus on Cote d’ivoire. A foremost expert on corporate governance in Nigeria, Emmanuel serves as the Deputy Director for Ethics, Organizations and Society Research Center at Durham University Business School, UK. Prior to joining Durham, he was a Lecturer and Senior Lecturer in Accounting at the Newcastle Business School, UK. He has an international reputation for excellence in research in corporate governance and ethics and its implication for responsible corporate behaviour and practice in sub-Saharan Africa. He has a record of attracting significant external funding for research in Ethics, including a recent award by the British Academy. Emmanuel received his PhD in Corporate Governance from Cass Business School, London. He is a Fellow of the UK Higher Education Academy and is a Visiting Professor in Corporate Accountability at the Covenant University Business School, Nigeria, and a Visiting Professor in Corporate Social Responsibility at the Toulouse Business School, France. Emmanuel works actively with African corporations, think tanks and policy makers, in promoting corporate responsibility.

Dr. George N. Njenga is the current and founding Dean of Strathmore Business School. Presently, he is the Deputy Vice Chancellor, Research and Quality Assurance and the Academic Director for the SBS Advanced Management Program. He is also a senior lecturer at Strathmore University in Ethics and Leadership. He has a PhD (honours) in Political Philosophy from the University of Navarra, Spain. He has a Masters in Governance and Culture of Institutions from the same University. Dr. Njenga also has a Masters in Business Administration and is a Certified Public Accountant of Kenya. He was the Director of the Strathmore School of Accountancy in 2002-2005. Whilst in that position, he successfully set up the Certified Financial Analyst (CFA) and Certified Information Systems Audit Program (CISA) formal training programs for the first time in Kenya. He helped initiate the first successful School of Finance and Banking in Kigali, Rwanda. He worked as a senior auditor at Ernst and Young Kenya between 1989 and 1992. He was also the Strathmore College Financial Manager for four years, 1992-1996. Since 1992 he has held other positions in Strathmore University. Specifically, Administrator, Human Resource Director and Director of the School of Accountancy. He has served as a trustee for the Universities Provident Fund Scheme and has been a member of the University Management Board and Academic Council. He is a founding board member of the Association of African Business Schools and an International advisory board member of Global Business Schools Network. He is also a Member of the Board of Directors of Pacis Insurance Company.

After obtaining her Ph.D. on development policies studying NGO Role and Performance, Dr. Fall worked on community development projects with a Senegalese NGO (she has been also doing voluntary work for this NGO for more than 10 years). She was in charge of coordinating female activities in two villages and advising them on how to develop their activities in order to be self-sufficient. Later, Dr. Fall joined a public university and worked on several research projects concerning poverty, economic development and growth. Oxfam mandated one of the projects. Others projects have included work on microfinance and small enterprise development. In fact, Dr. Fall has edited several book chapters reviewing how microfinance institutions can use technology to be more efficient. Aside from these research activities, since 2004 Dr. Fall has a been teaching assistant at the University of Manchester (in political science), assistant professor and Head of Department as well as Program Adviser at a private university and public universities in Senegal. She gave lectures in public policies, economics of poverty, political sciences, international trade and finance at the graduate and undergraduate level.

Dr Moses Ochieng holds a PhD in Business Management from the University of Bedfordshire and an MSc in Entrepreneurship from the Stirling University, UK. He has over 20 years experience in development finance gained through consulting and work experiences in various countries. He has conducted project evaluations in Tunisia, Uganda, Kenya and Bangladesh. He has also conducted consulting assignments on agribusiness development including review of warehouse receipt systems in Uganda; rural/agricultural microfinance in Kenya; and re-engineering an agricultural intervention project in Bangladesh. Moses has an extensive experience in micro and small business finance and development in Kenya, Malawi, Zambia, Malawi, Zimbabwe, Swaziland, Lesotho and Bangladesh; and has been involved in project design and financial sector policy in the East Africa and South African communities. This includes consumer protection policy, agency banking, microfinance laws and regulation and regional financial sector policy and regulation integration. He is currently the Technical Advisor for a Pan-African financial sector development programme funded by UKAID where he focuses on skills development for the financial sector. He is also a Research Associate with Strathmore University working on Africapitalism Project. His research interests are in economic geography- particularly innovation systems and sustainable development.