My dreams for Africa: reflecting on #UBAAfricaConversations for the #UBAAfricaDay2021.
Yesterday, at the 3rd United Bank for Africa Conversations (#UBAAfricaConversations) celebrating Africa Day, I was privileged to moderate a profoundly moving conversation, with some of Africa’s most prominent voices: Rwandan President, Paul Kagame, the World Trade Organisation’s Director-General, Dr. Ngozi Okonjo-Iweala; the World Health Organisation’s Director-General, Dr Tedros Adhanom Ghebreyesus; and International Finance Corporation Managing […]
Celebrating the Value and Dignity in our Labour
On May 1, we celebrated working women and men, in Africa and the world. Work gives us all dignity, it allows us to create value, to sustain our families, secure our futures. As an African, creating sustainable, meaningful employment is what drives me. It is why I champion entrepreneurship. Through my own life journey, I […]
“We Must Power Africa Out of Poverty,” Tony Elumelu Says at the World Government Summit 2021
On Tuesday March 9, Founder of the Tony Elumelu Foundation, Tony O. Elumelu, joined CNN anchor, Eleni Giokos, in a fireside chat at the 2021 World Government Summit (WGS21), an annual event held in Dubai, United Arab Emirates bringing together leaders in government for a global dialogue about governmental process and policies. At the event which was […]
Heirs Holdings $1.1bn OML 17 Deal Demonstrates Renewed Confidence in the Nigerian Economy
– Elumelu Assures Communities and Other Stakeholders of Shared Prosperity and Economic Development The investment of over $1billion by Heirs Holdings in the acquisition of the strategic OML 17 from Shell, ENI and Total, has been described by various analysts as a very positive affirmation of confidence in the robustness of the Nigerian economy. At a time of […]
Belgium Confers Highest National Honour on African Philanthropist, Tony Elumelu
The Kingdom of Belgium has conferred the honorary distinction of Officer in the Order of Leopold, the country’s oldest and most important National Honour, on Africa’s leading investor and philanthropist, Tony O. Elumelu, CON, in recognition of his commitment to poverty eradication and the economic empowerment of young Africans. The Ambassador of Belgium to Nigeria, […]
Letter to the next generation
Young African, You are brave, you are resilient. You are savvy, you are entrepreneurial, and unlike the generations that have come before you, you are much hungrier for success. You call your ambition, “your hustle”, and you have several of them because you are tireless and eager to achieve financial independence – no matter how […]
5 Years of Spreading Luck – Everyone Needs a Little Help
In business, the role luck plays in success and personal achievement is rarely discussed. If luck is mentioned, it is done with slight condescension, and usually dismissed as a product of hard work, not deserving significant attention. While hard work is paramount – and I have written extensively about the importance of working hard – […]
I received this Letter from a Mentor of the Tony Elumelu Foundation
Earlier this week, I received the letter below from a mentor of the Tony Elumelu Foundation Entrepreneurship Programme – Mrs. Fatima Aliko Mohammed. In this appreciative letter, she extols our entrepreneurship programme, and highlights the role the Foundation is playing in creating value not only Nigeria, but across Africa. Fatima’s mentee, Abimbola, is one of […]
Open Letter to African Entrepreneurs
To all of Africa’s aspiring entrepreneurs, I commend your courage and determination to build a business in the face of constraints that inhibit the viability of your startup and significantly threaten its survival. Last year, over 20,000 of you participated in a series of surveys we conducted to ascertain the key challenges you faced as […]
My UBA Story
Days after leaving the United Bank for Africa as the Group Managing Director, Mr. Tony Elumelu has advanced his entrepreneurial vocation and passion by setting up Heirs Holdings and the Tony Elumelu Foundation. At the send-off held for him at the weekend in Lagos, prominent Nigerians, including former President Olusegun Obasanjo, ministers, governors, businessmen, bankers, […]
