Has African capitalism failed? (video)

Is Africa's version of capitalism failing? That is the question many African's in and outside of the business world continue to ask as many countries on the continent continue to move rather slowly to compete with other economies. While individual countries can be championed for their business successes, many argue that the continent as a whole must be aligned in order to see real change. A new book called Architects of Poverty by Moeletsi Mbeki attempts to explain much of the reasons for Africa's struggle to embrace modern capitalism. Moeletsi Mbeki is joined by a panel of experts including author Aly Khan Satchu in a discussion of the topic in this CNBC video. Do you think African capitalism is failing? Comments?