Africapitalism Archives - The Tony Elumelu Foundation

June 30,2021

Tony O. Elumelu Speaks On Key Sectors of The Nigerian Economy

In a recent interview, our Founder shared his insights on key sectors of the economy. Here are some of our major takeaways: ON INSURANCE: “When phone use started, we had about 60,000 land phones but today approximately, 154 million Nigerians now have internet access, and it is only a matter of time for insurance to …
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January 23,2021

TEF & Heirs Holdings: Commitment to Africa’s Development and Job Creation

Ifeyinwa Ugochukwu: Creating Impact Through Corporate Transformation The Tony Elumelu Foundation is pleased to share with you, important news from Heirs Holdings. Heirs Holdings (HH), with its affiliate Transcorp, acquired on 15th January Nigerian oil licence OML 17 from Shell, Total and ENI, through the latest addition to our Group: TNOG Oil and Gas Limited. …
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July 3,2020

An Entrepreneur writes on Contextualizing Africapitalism and Why the African Youth must take Ownership

By Che Azenyui Bruno Africa is the world’s second largest continent in terms of population and the “youngest continent on earth” as more than 60% of its population is below the age of 25. This relatively young and active demographic of the continent present a veritable opportunity for investment in the creation of startup enterprises …
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November 18,2019

Investing in Africa’s youth is an investment in our collective Future -Elumelu says

Accra, Ghana November 11, 2019 – The Chairman of United Bank for Africa, Tony. O. Elumelu C.O.N has called on the private sector across Africa to invest in the long-term development of the continent. He stated this as part of his discussion on “Africa’s money for African development – a future beyond aid”, during the Presidential …
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June 24,2019

What Is Africapitalism?

“The future we all want for ourselves is one of our own making.” – Tony O. Elumelu, CON Africapitalism is the economic philosophy developed by our Founder and Chairman, Mr. Tony O. Elumelu, CON, and is predicated on the belief that Africa’s private sector can and must play a leading role in the continent’s development. The …
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December 7,2018

Africapitalism: Rethinking the Role of Business in Africa by Prof. Kenneth Amaeshi

On behalf of the Tony Elumelu Foundation, Africa’s largest philanthropic organisation committed to empowering African entrepreneurs, it is an honour to be here with you today at the 2nd Chevening Nigeria Alumni Leadership Summit. Africapitalism. A deceptively simple notion, but a powerful one that has the potential to remake a continent, and put Africa on an …
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December 22,2017

‘’Africapitalism begins with you!’’ – Riziki Jailos Messa

With conviction in the philosophy of ‘’Africapitalism’’ and the believe of founder, Tony O. Elumelu that “no one but African can develop them Africa”, Tanzanian entrepreneur and CEO of Jagrin, Riziki Jailos Messa has offered free finance consultancy services to the TEF 2017 entrepreneurs. Riziki writes on his decision to help: Apart from being an …
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November 9,2017

Africapitalism: a New Way of Doing Business

By Kenneth Amaeshi Originally published here The recent sustained attention given to the economic performance of Africa is a sharp departure from the usual negative and patronising representation of the continent in the global media. The old narrative represented a continent riddled by wars, famines, disease and the burdens of poor infrastructure and reckless governments. …
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November 9,2017

Africapitalism, African Business Leaders and Africa’s Development

Originally published here What does Africapitalism mean? What can it mean? How can it inform business decisions and government policies? Should business leaders and policymakers in African countries be involved in Africapitalism? Can they tell us their stories? Will they tell us their stories? What will their stories be? This was the main aim of …
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November 9,2017

Africapitalism: Unleashing the Power of Emotions for Africa’s Development?

Africapitalism – “an economic philosophy that embodies the private sector’s commitment to the economic transformation of Africa through investments that generate both economic prosperity and social wealth” – is an emerging business philosophy from Africa spearheaded by one of the continent’s leading entrepreneurs, Mr Tony Elumelu. From my experience of interacting with business leaders, especially those …
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