Recent Articles

Spreading the African Dream

First published here One of Africa’s finest business minds, Tony Elumelu, is travelling round the continent, helping to bring alive the idea that Africa is ready for economic prosperity. Charles Ajunwa writes   The Chairman of United Bank for Africa, a pan African financial institution with presence in over 20 countries in Africa, Tony Elumelu, has consistently advocated […]

Chasing Elumelu: On the Road With Big-Hearted Billionaire

In contrast to what everyone will do, on his twitter page, Africa’s front row businessman and philanthropist, Tony Elumelu, has his portrait looking over boundless water. The billionaire’s masterfully calibrated image in a slick suit on a lofty perch was photographed somewhere in Lagos business district. It mirrors one thing: his boundless beneficence. For decades, […]

Digital Economy For Africa

Tony O. Elumelu CON, Founder of the Tony Elumelu Foundation joined Jim Yong Kim, President, World Bank Group and Jeff Weiner, LinkedIn CEO at the opening debate of the ‘Digital Economy for Africa’ Forum in Washington, D.C organised by the World Bank Group. Tony Elumelu revealed that Africa’s youth population, 60% of which are under the age of […]

Tony Elumelu on KTN News: for Africa to Accelerate its Growth it must Invest in its Youth

Founder, Tony O. Elumelu was recently featured on Kenya Television Network’s (KTN) Trading Bell during the 2018 UBA Africa Tour. While speaking with KTN News, he made a clarion call for Africa to invest in its youth to accelerate its growth. Elumelu further urged financial institutions to embrace the digital era as it heralds a new frontier […]

Elumelu Opens Digital Economy for Africa Forum with World Bank President and LinkedIn CEO

First published here Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu will join Jim Yong Kim, President, World Bank Group and Jeff Weiner, LinkedIn CEO at the opening debate of the ‘Digital Economy for Africa’ Forum in Washington, D.C organised by the World Bank Group. The event, which will hold on […]

Driving Inclusion: TEF Mentor, Adejoke Ogungbire hosted Application Drives for Hearing Impaired Entrepreneurs

The next era of entrepreneurship is about raising the bar, leveling the playing field, expanding participation and scaling the networks of social, financial and inspiration capital that provide the foundation for successful startups and scalable business. As part of the inclusive entrepreneurship movement, the Tony Elumelu Foundation has consistently driven awareness for increased women participation […]


TONY ELUMELU FOUNDATION SELECTS 1,000 ENTREPRENEURS FOR 2018 PROGRAMME- RED CROSS, UNDP & INDORAMA PARTNERSHIPS SUPPORT FURTHER 250 BENEFICIARIES – RECORD 151,692 REGISTRATIONS   Lagos, Nigeria, 22 March 2018 — More than 150,000 Africans from 114 countries worldwide applied to join the 4th ‎cycle of The Tony Elumelu Foundation’s (TEF) 10-year, $100 million TEF Entrepreneurship Programme. Today, the Foundation […]

TEF Prize winner Francis Ayomoh is Leading an Agenda for Universal Health Coverage for All

Building the next generation of Africa’s leaders is both an organisational mission for the Foundation and a personal conviction of Founder, Tony Elumelu. One way we have been able to fulfil this ambition is through mentoring and the promotion of academic excellence and entrepreneurship, via the Tony and Awele Elumelu Prize. The Elumelu Prize was […]

Royal Academy of Engineering Recognizes Businesses led by TEF entrepreneurs

Nigerian TEF Alumni, Ifediora Ugochukwu and Emeka Nwachinemere  from the set of 2015 have been shortlisted for the Royal Academy of Engineering Africa Prize for Engineering Innovation. The shortlist recognises the most talented engineers from across sub-Saharan Africa, including innovators working to make malaria and reproductive health tests easier, using dolphin-inspired echo-location for visually impaired […]