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Economic Development Lessons To Learn from the Big Name Behind ECOBANK (Analysis)

Folks, where do you actually locate the headquarters of ECOBANK?

Well, surprisingly enough, Lome, the capital city of this microstate of TOGO, happens to be home to the PanAfrican Bank which has subsidiaries in well over 30 countries of the African continent.

Why should Lome be the house of our bank?

Again, the answer to the question is dead simple: Gervais Koffi Djondo, the founding father of ECOBANK, hails from this very part of the world.

The bottom line is, what can we draw from this man, as a nation, to lay the foundation for socio-economic development of Ghana in particular ?

Gervais Koffi Djondo has all that it takes to run for the presidency of his native TOGO, but he prefers to focus on venture, big time investment, how to adequately and inspirationally set the pace for building African business elites.

This continent is big, rich in all manners of commodities, but poor in men and women with profit mentalities.

African political elites outnumber business elites for a very funny reason:

Everyone wants to be president, minister, high public office holder ,forgetting that there is a lot more money to be made in entrepreneurship than there is in politics.

Sometime ago Apple's stock market value shot up to more than a trillion dollars, multiple times the GDP of Ghana. This gives food for thought!

African folks should wake up and think ahead. We as a people should learn from Gervais Koffi Djondo, founder of ECOBANK and Asky Airlines, to think outside the box.

Conglomerates and other mega companies crush any nation of the world in terms of turnover, job creation and all that jazz.

There is a dire need for African men and women to make the transition from instability to stability all the way through to upward mobility by conditioning the minds of the vast majority to go capitalist!

Yes, hundreds of thousands of Gervais Koffi Djondo are very much needed all over Africa to turn the socio-economic situation around.

It's high time we set up our own food giant, fashion giant, oil giant, electronics giant, pharmaceutical giant, I mean African conglomerates and mega companies with African executive and non executive chairmen

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ECOBANK Gervais Koffi Djondo Lome PanAfrican Bank TOGO

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