Press Release

Tony Elumelu: Human trafficking is evil, it strips our youth of dignity and denies them opportunity

Tony Elumelu Foundation commits to support National Agency for the Prohibition of Trafficking in Persons (NAPTIP). In recognition of the growing concerns around human trafficking in Africa, The Tony Elumelu Foundation (TEF), an African founded and funded 21st centuryphilanthropic organization committed to youth empowerment and entrepreneurship development, hosted the Director General of Nigeria’s National Agency […]


LAGOS, NIGERIA – 22 December 2015 – The Tony Elumelu Foundation, as part of its outreach for the Tony Elumelu Entrepreneurship Programme (TEEP,) addressed an esteemed audience of French business leaders at the Club Efficience Gala on Saturday 19 December. Founder Tony O. Elumelu was awarded with the Prize for Excellence and represented by the […]

25 Tony Elumelu Entrepreneurs Meet with Governor El-Rufai and Inspire Entrepreneurship Drive in Kaduna State

  24 August, 2015: KADUNA, NIGERIA – The Tony Elumelu Foundation and 25 Kaduna based entrepreneurs from the Tony Elumelu Entrepreneurship Programme (TEEP) were hosted by His Excellency, Governor Nasir El-Rufai of Kaduna State at the weekend to an informative session at the Government House, Kaduna. During the event, Tony Elumelu Foundation Chief Operating Officer, […]

Tony Elumelu Foundation Releases Most Comprehensive Study on African Entrepreneurship Ever Conducted

27 July 2015, Nairobi, Kenya — The research and policy arm of the Tony Elumelu Foundation, the Africapitalism Institute, released a groundbreaking study on Africa’s entrepreneurial ecosystem at the sixth Global Entrepreneurship Summit in Kenya where President Obama gave the keynote address. The 86-page report, titled Unleashing Africa’s Entrepreneurs, based on original research leveraging the Foundation’s pan-African network […]

Tony Elumelu Foundation Hosts Historic Bootcamp For 1,000 Emerging African Entrepreneurs From 51 African Countries In Ota, Nigeria

LAGOS, NIGERIA As part of Tony Elumelu’s $100 million commitment to empowering African entrepreneurs, 1,000 Tony Elumelu Entrepreneurs, representing 51 African countries from the Tony Elumelu Entrepreneurship Programme (TEEP) Class of 2015, converged near Lagos, Nigeria for an intensive two-day boot camp session, an unprecedented gathering of emerging African entrepreneurs, from 10-12 July, 2015. The entrepreneurs travelled […]

Elumelu encourages Nigerian youths to cultivate an attitude of learning and entrepreneurship

Leading Nigerian businessman and philanthropist Tony O. Elumelu, Chairman, Heirs Holdings, has encouraged Nigerian youths to secure their future by cultivating an attitude of learning, collaboration and entrepreneurship. The Chairman made this assertion while delivering the commencement address on the topic “Employee, Employer, and Empowerer: Pathways to Success and Impact in an Uncertain World”, during […]

Press Release: “Africans Investing in Africa” Book Launch

CAPE TOWN – June 5, 2015- Two of Africa’s most prominent foundations – the Nigeria-based Tony Elumelu Foundation and the Oppenheimer family’s Brenthurst Foundation of South Africa – launched an important new book titled “Africans Investing in Africa” on the sidelines of the World Economic Forum Africa meeting in Cape Town. The 338-page book covers […]

Tony Elumelu Joins President Obama at the White House to Champion an Entrepreneur-led Development Model for Africa

African businessman and philanthropist, Tony O. Elumelu has proposed a new entrepreneur-led development model for Africa at two high profile events in Washington DC.

Mr. Elumelu, who is Chairman of United Bank for Africa, and Founder, the Tony Elumelu Foundation, spoke at a White House event hosted by United States President Barack Obama on May 11 to celebrate emerging entrepreneurs around the globe. The event was a prelude to Obama’s scheduled trip to Kenya this summer for the Global Entrepreneurship Summit.