Franklin Nechi, chairman of Optiva Capital Partners, has called on African entrepreneurs, investors, and families to shift their focus from mere wealth accumulation to building global access. This approach, he believes, can create business opportunities, enhance family security, and support future generations. Nechi made these remarks in Abuja during the company’s third-quarter/fourth-quarter media parley, themed “From Access to Legacy: Building the African Family’s Global Future.”
According to Nechi, the growing international presence of African businesses and families has made global mobility a crucial component of wealth management. He emphasized that wealth without access is limited, as individuals with substantial assets may face restrictions if they lack the ability to engage in international transactions, respond to medical emergencies, access global education, or participate fully in international markets.
Nechi stressed that global access should translate into opportunities for businesses, greater options for families, and wider social impact. He noted that access for its own sake is insufficient and must be converted into tangible benefits. This includes creating opportunities for businesses, providing options for families, and generating impact for the community.
The changing nature of African businesses has made international mobility increasingly relevant. Entrepreneurs now interact with clients, investors, and technology teams across different countries. Nechi highlighted that mobility has become the operating system for businesses, enabling them to operate seamlessly across borders.
Nechi also addressed concerns about international mobility being viewed as capital flight. He argued that cross-border access can support trade, investment, and business partnerships, facilitating the circulation of capital rather than its flight. This perspective underscores the potential benefits of global mobility for African businesses and families.
However, Nechi cautioned that the international mobility environment is becoming increasingly compliance-driven. Governments are placing greater emphasis on transparency, source of funds, and due diligence. He advised prospective investors to work with credible professional advisers and be cautious of programmes or intermediaries offering unusually fast or inexpensive outcomes.
Looking ahead to 2027, Nechi urged African families to use their wealth and international access responsibly. He encouraged them to create opportunities for future generations and build a legacy that will make their children proud to be African and ready for the world. Nechi emphasized the importance of building access, impact, and a lasting legacy.
Key points
- African families must convert wealth into global access to create business opportunities and build a lasting legacy.
- Global mobility is crucial for African businesses and families to participate fully in international markets.
- International mobility should be viewed as capital circulation, supporting trade, investment, and business partnerships.
