Abstract
The introduction of Africapitalism, a concept coined from Africa and capitalism throws up a lot of discussion among capitalists and policy makers in Africa who for a long time now have tried several strategies without success to attract and retain investments on the African continent. The concept which firmly states that for a continent that is well endowed with natural and human resources required for growth and development but being ravaged by poverty and wars, the solution lies in a home grown economic policy and strategy. The aim of the study was to examine the concept, its adaptability as Africa’s capital attraction and economic development strategy and the likelihood of its evolution into an investment and /or economic development theory. The study concludes that Africapitalism is distinct and possesses the qualities of a good investment and economic development policy that within a short time could stand side by side with earlier theories.
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