Tony Elumelu

Tony Elumelu

entrepreneur Nigeria

Tony Elumelu is a Nigerian economist, entrepreneur, and philanthropist, best known for his advocacy of entrepreneurship as a means to drive economic development in Africa. He founded the Tony Elumelu Foundation which aims to empower young African entrepreneurs by providing them with training, mentorship, and seed funding. Elumelu's vision is to create a thriving entrepreneurial ecosystem in Africa to stimulate innovation, job creation, and economic growth.

Born on Mar 22, 1963 (62 years old)

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Recent Mentions

Kenya Kenya: The Tony Elumelu Foundation is committed to nurturing African entrepreneurship. 8

The Standard: Nairobi entrepreneurship forum links african mentors with business owners

Malawi Malawi: Tony Elumelu—Chairman of Heirs Holdings, Transcorp, United Bank for Africa (UBA), and founder of the Tony Elumelu Foundation—has shown interest in Malawi's investment opportunities. 9

Nyasa Times – popular Malawian online publication: Chakwera Secures Investment Breakthrough as African Billionaire Tony Elumelu Eyes Malawi - Malawi Nyasa Times

Gabon Gabon: Tony Elumelu is the chairman of the United Bank for Africa and met with Brice Clotaire Oligui Nguema to strengthen economic relations. 7

Gabon Review – news and current affairs from Gabon: Afreximbank 2025 : Oligui Nguema à Abuja pour élargir les partenariats du Gabon | Gabonreview.com

Nigeria Nigeria: Tony Elumelu, Chairman of United Bank for Africa, has acquired an additional N43.91 billion worth of shares in the bank over a two-day period. 8

The Punch: Tony Elumelu Buys N43.91bn UBA Shares Ahead of Capital Raise