The Tony Elumelu Foundation Impact Report (2018)
This report records the Foundation’s role and impact in catalysing entrepreneurship on the African continent from 2010 – 2015.
“When the Tony Elumelu Foundation launched in 2010, the philanthropic sector in Africa could best be described as fragmented. Nigeria, for example, lacked any legislation to regulate the activities of charitable organisations, meaning that there was no strategic way of ensuring charities would operate efficiently and based on their stipulated missions. This meant, to us, that despite the noble intentions of local and international donors and charity workers, philanthropists were limited in their ability to truly impact the lives of their beneficiaries for good.
We believed that we had a role to play in galvanising local philanthropies to address and, more importantly, solve social issues in Nigeria. Therefore, our initial thrust in this area was to draft Nigeria’s first Charities Act, philanthropy legislation intended to create a stronger, more transparent and impactful social sector, which is currently under review with the Attorney General of the Federation.”