• Africa’s Richest Man Aliko Dangote, Tony Elumelu, Others Raise $400 Million For Terror Victims

    A group of Nigeria’s wealthiest businessmen, Aliko Dangote, Tony Elumelu, Others, on Thursday donated more than $400 million to support victims of terrorist attacks. Submit Cancel Thanks for your feedback!

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  • Africa Is Open for Business, Ready for Investment

    The U.S.-Africa Leaders Summit in Washington next week should be about much more than aid. The three-day U.S.-Africa Leaders Summit being convened by President Obama in Washington next week could be a defining moment for the African continent as it emerges on the world stage. The gathering could also be a defining moment for the …

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  • The Tony Elumelu Foundation Partners with the US Government on “Beyond the Grid” – a new Power Africa initiative

    As a partner, the Tony Elumelu Foundation has committed to a financial investment over the next five years to seed and scale distributed energy solutions across the continent. As a result will in turn enhance homes, businesses, schools and improve the livelihoods of Africans in Africa. Other partners of Beyond the Grid include the United Nations Foundation, …

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  • 2013 Tony Elumelu Prize in Business Winner Dr. Saeed Jumah Launches Second Children’s Dental Educational Book

    Dr. Saeed Jumah, fondly known as “Dr. Smyls” to many has taken another laudable step towards creating dental and oral hygiene awareness in Nigeria with the launch of the second book in his children’s book series-Toothie and Friends-a fun illustrated book for children about dental health and hygiene. Recipient of the 2013 Tony Elumelu Prize …

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  • Nigeria – Open For Business And Full Of Opportunities

    Businessmen around the world are always looking for new global markets for investments. Relatively quietly, Nigeria has become an attractive market for American businesses. In fact, it’s the largest and most important market in Africa and one of the more exciting emerging markets in which to invest. With a population of approximately 180 million (twice …

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  • Tony Elumelu: Being Part of the Solution and the Promise for Africa!

    April 7, 2014, marked a historic day for Nigeria, with the rebasing of our GDP to nearly $500 billion. This new figure makes us the largest economy in Africa and the 26th larget in the world. Not only has Nigeria overtaken South Africa as Africa’s largest economy, but we are now on par with Poland …

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  • Boer: Africa can unlock its economic potential through its resources

    In this interview with ThisDay, Dr. Wiebe Boer, CEO of The Tony Elumelu Foundation, speaks about a $150,000 donation to the African Union Foundation. Submit Cancel Thanks for your feedback!

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  • Industrialization in Africa: Can the continent make it?

    By Lawrence Mbae Without strong industries to create jobs and add value to raw materials, African countries risk remaining shackled by joblessness and poverty. Côte d’Ivoire and Ghana produce 53percent of the world’s cocoa. But the supermarket shelves in Abidjan and Accra, their respective capitals, are stacked with chocolates imported from Switzerland and the UK, …

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  • No one can develop Africa except Africans

    Tony O. Elumelu is a respected African voice. The private sector, national governments and development agencies should work together to achieve long-term impact that creates economic prosperity and social wealth for all, urges the father of “Africapitalism”. [wpfilebase tag=file id=8 tpl=simple /] Submit Cancel Thanks for your feedback!

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  • Congratulations to Tony O. Elumelu, CON, Sun Awards Investor of the Year!

    On Saturday, 22 February 2014, Tony O. Elumelu, CON, received the Investor of the Year Award, presented by The Sun. The award recognizes his contribution to the growth of the Nigerian economy, highlighting his “remarkable” $2.5 billion commitment to the Power Africa initiative.  We send a hearty congratulations to a courageous African investor and leader, whose …

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