In 2010, leading African businessman Tony Elumelu set up the foundation that bears his name. Africa-based and African-funded, its principal focus is on strengthening the private sector across the continent, as he explains to Caroline Hartnell of Alliance Magazine. [wpfilebase tag=file id=2 tpl=simple /]

The Somali foundation, which received a grant from The Tony Elumelu Foundation, recently held the first Generation Change Summit in Mogadishu, where ninety youth activists and entrepreneurs came together to discuss the role of youth in changing a post-conflict society for the better. [wpfilebase tag=file id=1 tpl=simple /]

New York, 21 September 2013 – On the eve of his departure to New York, where he will be speaking at the United Nations Millennium Development Goals (UN MDG) Success Event and the Clinton Global Initiative (CGI) Annual Meeting, the UK based publishers of African Business Magazine announced that global business leader Tony O. Elumelu, …

New York, 21 September 2013 – On the eve of his departure to New York, where he will be speaking at the United Nations Millennium Development Goals (UN MDG) Success Event and the Clinton Global Initiative (CGI) Annual Meeting, the UK based publishers of African Business Magazine announced that global business leader Tony O. Elumelu, …

”Council a critical catalyst for transforming Nigeria’s business environment and this appointment is an important step closer to demonstrating that Nigeria is open for business” – President Jonathan. Abuja, Nigeria, September 2013 – President Goodluck Jonathan said Nigeria’s business competitiveness and ability to attract local and international investment will be significantly enhanced with the appointment …

Small and medium sized enterprises (SMEs) are essential to growing African employment and GDP. In high-income countries, SMEs represent a high share of economic activity, a large share of employment, and bring informal business activity into the formal economy. Yet, a severe lack of financing is limiting the ability of African SMEs to grow and …

Today, The Rockefeller Foundation and the Tony Elumelu Foundation announced the launch of the Impact Economy Innovations Fund (IEIF) at the Impact Investing in Africa: Accelerating the Industry Regionally Forum. The event, hosted by The Rockefeller Foundation, the Tony Elumelu Foundation, and the Bertha Centre for Social Innovation & Entrepreneurship at the University of Cape …