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Tony Elumelu

TIME 100 & Philanthropy 2026: Africa, From Aid Recipient to Innovation Lab

Aliko Dangote is eradicating polio in Nigeria alongside Bill Gates. The Rockefeller Foundation is betting on electrifying 300 million Africans. Tony Elumelu has funded 27,000 entrepreneurs across 54 countries. And...
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UBA Cameroon Strengthens Strategic Partnership with FECAFOOT

UBA Cameroon continues to reaffirm its commitment to the development of sports infrastructure in Cameroon through its strategic partnership with the Fédération Camerounaise de Football (FECAFOOT). Since 2022, UBA Cameroon...
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30 Cameroonian Entrepreneurs Benefit as Tony Elumelu Foundation Unveils 2026 Cohort

For 30 young entrepreneurs across Cameroon, a new chapter has just begun. The Tony Elumelu Foundation (TEF) has unveiled its 2026 cohort of entrepreneurs, bringing fresh opportunities for business owners...
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The Tony Elumelu Foundation to Announce 2026 Cohort of TEF Entrepreneurship Programme on March 22nd

Over 265,000 applications received – from all 54 African countries Underscoring Africa’s vibrant entrepreneurial sector and the vital role of early-stage funding Agriculture, Artificial Intelligence, Healthcare and Green Economy top...
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The $4.2 Billion Yield: How the Tony Elumelu Foundation is Rewriting African Venture Capital

By Jacques Raymond Tedongap | cemac-eco.finance | Reading Time: 3 min With $100 million deployed and 1.5 million jobs created over a decade, the Tony Elumelu Foundation (TEF) has proven...
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Tony Elumelu Foundation Opens 2026 Entrepreneurship Programme: Africa’s Leading Entrepreneurship Philanthropy Catalyses Next Generation of African Entrepreneurs

US$5,000 non-refundable seed capital, world-class training, and mentorship for Africa’s boldest founders 24,000+ entrepreneurs funded, 2.5 million trained, 1.5 million jobs created, US$4.2 billion in revenue generated since 2015 Lagos,...
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Heirs Energy secures $750 million from Afreximbank to boost its oil production

This financing, estimated at over 400 billion CFA francs, obtained by Heirs Energy from Afreximbank, aims to optimize its capital structure and support its ambitious development program. This partnership seeks...
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Elumelu Embarks on Pan-African Tour Championing Entrepreneurship, Infrastructure, and Inclusive Growth

Founder of the Tony Elumelu Foundation and chairman of UBA Group Tony O. Elumelu CFR,  a leading advocate for Africapitalism and transformative private sector leadership, will undertake a high impact...
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Driving Africa’s Growth: UBA Launches Visionary White Paper on the Continent’s Next Frontier

UBA Leads African Economic Dialogue with New White Paper at IMF Meetings Africa’s leading global bank, United Bank for Africa (UBA) Plc, has once again demonstrated its commitment to driving...
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United Bank for Africa Hosts Global Leaders at UNGA 2025, Launches Whitepaper on Unlocking Africa’s Potential.

Africa’s Global Bank, United Bank for Africa (UBA) Plc is set to make a bold statement on the global stage as it will be gathering world leaders, policymakers, and investors...
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15 Years of Africapitalism in Action: Executing Heirs Holdings’ Bold Vision for Africa

Heirs Holdings celebrates 15 years of impact, catalyzing transformation across Africa through strategic investments in critical sectors. The group has a $10.2 billion portfolio spanning 24 countries across four continents....
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UBA Group Chairman Tony Elumelu Champions Private Sector-Led Development at 2025 African Caucus in Central African Republic

Under the distinguished patronage of His Excellency Professor Faustin-Archange Touadéra, President of the Central African Republic, Mr. Tony O. Elumelu, Group Chairman of United Bank for Africa (UBA) and Founder of...
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Gabonese President Honours Tony Elumelu for Championing African Development.

The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours – the Commander in the National Order of Gabonese...
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