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Details: Tony Elumelu Continues Global Campaign For Shared Prosperity In Africa



Tony Elumelu

The unusual entrepreneur, Tony Elumelu is embarking on another of his unceasing campaigns to unlock Africa’s potential and create a future of inclusive growth, sustainable development, and mutual prosperity through partnerships.

As part of his burning passion in contributing to laying the pathway for an impactful future in the continent, the founder of the initiative that has supported over 20,000 young entrepreneurs across Africa since 2010 – Tony Elumelu Foundation (TEF) -will be putting the continent on the center stage in Abu Dhabi, the capital of the United Arab Emirate;  London, the capital of England; and Rome, the capital of Italy.

Leveraging on his economic policy of Africapitalism – which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent -, Elumelu will be seeking partnerships that facilitate shared prosperity and deliver equitable outcomes.

With a focus on three themes namely, role of entrepreneurship and job creation in fostering global food security,  economic empowerment of Africa’s youth to address migration challenges and create meaningful employment, call for private-public partnerships to democratize access to healthcare and foster innovation to improve the quality of life globally, the philanthropist will start his engagements on Monday, May 13, 2024, as a panelist at the Health Leaders Forum in Abu Dhabi.

Tony Elumelu, VIVA Tech Conference

The high-level and agenda-setting opener for the Abu Dhabi Global Healthcare Week will also feature H.E. Monica Geingos, UNAIDS Special Advocate on Young Women and Adolescent Girls in Namibia; H.E. Mariam bint Mohammed Almheiri, Director of the Presidential Court Office of International Affairs and CEO, 2PointZero, UAE and Badr Jafar, CEO, Crescent Enterprises.

Tagged “Reimagining Health and Life: Partnering to Invest in Humanity, the session with Elumelu is earmarked to highlight the role of public-private partnerships, health equity, ethics, technology, and innovation, in tackling the multifaceted challenges of global health and healthcare’s most pressing concerns at the forum that convenes global Ministers of Health, policymakers, and Chief Executives of global entities, playing influential roles in transforming the future of healthcare.

The founder of the leading philanthropy empowering a new generation of African entrepreneurs is scheduled to co-host a private lunch with Badr Jafar, at a gathering of senior government officials, business leaders, and philanthropic champions united in commitment to fostering entrepreneurship in Africa and the Middle East. 

Beneficiaries of the Tony Elumelu Foundation (TEF) will showcase how the foundation has impacted their businesses and lives in a telling validation of how TEF has aided the creation of over 400,000 direct and indirect jobs, contributing significantly to Africa’s economic growth.

On Wednesday, May 15, 2024, the Chairman – and founder – of Heirs Holdings, the family owned investment company, committed to improving lives and transforming Africa, through long-term investments in strategic sectors of the African economy, will host the Executive Director of the World Food Programme (WFP), Cindy McCain, as well as other policymakers and leaders,to a private reception jointly organised by the Tony Elumelu Foundation (TEF) and the United Bank for Africa (UBA).

Tony Elumelu 3
Photos from TEF Forum 2016

UBA, with Elumelu as Chairman, operates in 20 countries across Africa, the United Kingdom, France, the UAE, and is the only African bank with a commercial deposit-taking presence in the United States of America.

The Tony Elumelu Foundation and the World Food Programme share a similar vision to address the global humanitarian and migration crisis with the private reception intended to provide the opportunity to further explore innovative areas of partnerships to foster economic growth and stability through youth entrepreneurship.

“It is also a chance to listen firsthand to our young African entrepreneurs, our trailblazing TEF beneficiaries, who are creating jobs and opportunities in their communities, providing families with decent living, and strengthening the African economy”, Elumelu shared part of what to expect in a post about the upcoming event.

A roundtable discussion themed “Powering the Energy Transition for the Benefit of All”, at the B7 Summit in Rome on Friday, May 17, 2024, will round up the latest campaign of one of  Africa’s leading investors to transform the continent.

The brain behind the success story of one of Nigeria’s largest quoted conglomerates, Transcorp will join Claudio Descalzi, the chief executive officer of Eni; Giuseppina Di Foggia, chief executive officer of Terna; Chrissy Taylor, chief executive officer of Enterprise Mobility and Bernard Mensah, President, Bank of America, International to propose recommendations and priorities for catalysing energy transition that is equitable for all at the official business engagement group for the G7, a political and economic forum of seven advanced economies including Canada, France, Germany, Italy, the United Kingdom, Japan,and the United States.

The B7 is the official business engagement group for the G7, a political and economic forum of seven advanced economies including Canada, France, Germany, Italy, the United Kingdom, Japan,and the United States.

“During the session, I will spotlight Africa’s role in the energy transition. Although Africa consumes the least amount of energy, the continent bears the brunt of the effects of global climate change; an emergency that could become a global crisis in the near-future. I will address the urgency to tackle this looming challenge and provide platforms for dialogue and action to bring all stakeholders to the decision-making table.” the Chairman of different companies contributing to the nation’s economy across sectors including pan- African financial services group providing corporate, commercial, SME and consumer banking services to more than 35 million customers globally- United Bank for Africa (UBA – added.