VFTT Livestream: Tony Elumelu, Founder, The Tony Elumelu Foundation

View From The Top

Tony Elumelu is one of Africa’s leading investors and philanthropists.He is the Founder and Chairman of Heirs Holdings, his family owned investment company committed to improving lives and transforming Africa, through long-term investments in strategic sectors of the African economy, including financial services, hospitality, power, energy, technology and healthcare. He is also Chairman of pan-African financial services group, the United Bank for Africa (UBA), which provides banking services to more than 21 million customers globally. Additionally, He chairs Nigeria’s largest quoted conglomerate, Transcorp, and is the Founder and Chairman of Heirs Oil &amp; Gas, an upstream oil and gas company that is committed to creating resource based added value on the African continent.Tony is the most prominent champion of entrepreneurship in Africa. In 2010, he created The Tony Elumelu Foundation (TEF), the pan-African philanthropy empowering a new generation of African entrepreneurs, catalysing economic growth, driving poverty eradication and driving job creation across all 54 African countries. Since inception, the Foundation has funded over 15,000 entrepreneurs and created a digital ecosystem of over one million Africans, as part of a ten year, US$100m commitment, implemented through its flagship Entrepreneurship Programme.Self-funded, the Foundation is increasingly sharing its unique ability to identify, train, mentor and fund young entrepreneurs across Africa, with institutions such as the United Nations Development Programme, the International Committee of the Red Cross and other global development agencies. His businesses and Foundation are inspired by Tony’s economic philosophy of Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the African continent.Tony sits on a number of public and social sector boards, including the Global Advisory Council of the Harvard Kennedy School’s Centre for Public Leadership, World Economic Forum Community of Chairmen and the Global Leadership Council of UNICEF’s Generation Unlimited. In 2020, in recognition of his business leadership and economic empowerment of young African entrepreneurs, he was named in the Time100 Most Influential People in the World, and recognised with Belgium&#x27;s oldest and highest royal order. In 2022, he was again honoured by Time in the inaugural Time100 Impact Awards, “recognizing global leaders who have gone above and beyond to move their industries—and the world—forward.

VFTT Livestream: Tony Elumelu, Founder, The Tony Elumelu Foundation

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VFTT Livestream: Tony Elumelu, Founder, The Tony Elumelu Foundation

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