The MTN Group President and Chief Executive Officer, Ralph Mupita, on Wednesday, cautioned that rising Afrophobic sentiments threatened youth empowerment, economic integration and Africa’s development aspirations.
Mupita gave this caution in a statement ahead of the Kgalema Motlanthe Foundation dialogues, amid social media campaigns targeting multinational firms following anti-immigrant protests in South Africa.
He said Africa’s youthful population remained the continent’s greatest asset and should be channelled toward economic opportunities rather than divisive nationalism and retaliatory actions.
“MTN also believes that embracing the benefits of the digital economy is vital to turning the youth bulge into a youth dividend,” Mupita said.
According to him, Africa’s demographic profile presents enormous opportunities if governments and businesses invest in skills, innovation and digital inclusion for young people.
The MTN boss said that attacks on pan-African businesses could weaken industries providing jobs, investments and critical infrastructure supporting millions of young Africans.
He said companies
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