The Empower Africa Business Platform is Now Live !!!

African Changemaker

Tony O. Elumelu

Tony Elumelu is a Nigerian entrepreneur, investor, and philanthropist passionate about Africa’s economic development.

A champion of #Africapitalism, the 59-year-old is on a mission to position Africa’s private sector and, most importantly, entrepreneurs as the catalyst for the social and economic development of the continent.

He is the founder of The Tony Elumelu Foundation, a philanthropic organization empowering African entrepreneurs to catalyze economic growth, drive poverty eradication, and ensure job creation.


Tony is also serving as the Chairman of Heirs Holdings, a family-owned investment holding company.

 

You may also like...

Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
All On and Energise Africa have invested $4 million in Maskh Nigeria Limited to develop solar-powered mini-grids in 19 communities across Jigawa and Bauchi states in northern Nigeria.
South African venture capital firm Mamor Capital Ventures has secured an approximately $18.6 million first close for its inaugural fund, giving it capital to invest in post-revenue technology businesses in the country.
US$533 billion is the estimated annual value of public procurement across Africa in 2025. The estimate applies the World Bank’s 17% Africa-wide public procurement benchmark to US$3.14 trillion of aggregate nominal GDP across 54 African economies in the IMF’s April 2026 World Economic Outlook database.