Tony Elumelu Guest Curates This Week’s Top10 Business News is pleased to welcome Tony Elumelu #31 on the Forbes list of the richest Africans as the Special Guest Curator of this week’s Top 10 Business News

Mr. Elumelu is Founder of the Tony Elumelu Foundation and Chairman of Heirs Holdings Limited, an African investment company with interests in financial services, power, oil and gas, agribusiness, real estate, hospitality, and healthcare. He is also Chairman of UBA Group and Transcorp Plc – the largest conglomerate in Nigeria.

His selection of business news is a reflection of his personal views on what are the important business topics in Africa today.


What Africapitalism Is About

I have always believed in Africa. As we recognise the demands of competing on a global level, our standards have also begun to change – we have raised our game – becoming entrepreneurs, investors, and partners, not just recipients.



Sub-Saharan Africa’s Renewed Macro-economic Challenges

Take Nigeria; I am optimistic that with the Government’s stated policy and resolute pursuit of diversifying the economy, entrepreneurship will rise and thrive to help invigorate the economy.  



Record Sales For African Businesses

The smart people are still investing!  



The Solution To Africa’s Problems Can Be Found Within

We already have the ideas, the bright minds, and the passion. The three most critical needs to sustain this are access to financing, business literacy, and government support.  



First Ever Black Female Owned Airline Goes International

I always celebrate the success of women in our society, who have risen through the ranks despite adversities. And whoever you are, hard work and resilience always pay off and this is why I have them as core values. 



Leadership Is A Collective Venture

Young people need good mentors and role models early in life to help equip them with the tools they need to be successful. I am always grateful for the solid foundation that was laid for me by my parents and my mentors.



Entrepreneurs Are The Foot Soldiers Of Africa’s Green Revolution

Africa has an opportunity to reinvigorate the call for a Green Revolution in Africa and unleash the potential of agricultural entrepreneurs to create and scale new home-grown businesses, spreading prosperity across millions throughout the continent.



Understanding How To Do Business In Africa, From Africans

Public speaking and engaging an audience is not an easy feat. One company looks to invest and pool together people who are pioneers in their respective fields in order to enlighten others.



You Won’t Regret Investing In African Startups

Jason Njoku, founder of iROKOtv, the online streaming service often dubbed the ‘Netflix of Africa’, says his early investors made a whopping 3,000 percent profit on their early investment.



Tony O. Elumelu, Founder, The Tony Elumelu Foundation

Tony O. Elumelu is a serial entrepreneur and a philanthropist. Born, raised and educated in Africa, Mr. Elumelu has been responsible for creating businesses across the continent, in sectors critical to Africa’s economic development.

In 2010, he founded Heirs Holdings, an African investment holding company, with investments in financial services, power generation, oil and gas, agribusiness, real estate, and hospitality. In the same year, he established the Tony Elumelu Foundation, an Africa-based and African-funded philanthropic organization, dedicated to catalyzing entrepreneurship across Africa.

He is Chairman and founder of UBA Group Plc, one of the largest banks in Nigeria and a Regional Partner of the World Economic Forum. In addition, Mr. Elumelu chairs Transcorp Plc, which is Nigeria’s largest listed conglomerate. He serves as a member of the board of USAID’s Private Capital Group; the. Vice-Chairman and a key driver in the formation of National Competitiveness Council of Nigeria; Co-Chair of the Aspen Institute Dialogue Series on Global Food Security; and on the Global Advisory Council of the Wilson International Center for Scholars.

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