Africa.com is pleased to welcome Tony Elumelu #31 on the Forbes list of the richest Africans as the Special Guest Curator of this week’s Top 10 Business News
Mr. Elumelu is Founder of the Tony Elumelu Foundation and Chairman of Heirs Holdings Limited, an African investment company with interests in financial services, power, oil and gas, agribusiness, real estate, hospitality, and healthcare. He is also Chairman of UBA Group and Transcorp Plc – the largest conglomerate in Nigeria.
His selection of business news is a reflection of his personal views on what are the important business topics in Africa today.
1
What Africapitalism Is About
I have always believed in Africa. As we recognise the demands of competing on a global level, our standards have also begun to change – we have raised our game – becoming entrepreneurs, investors, and partners, not just recipients.
SOURCE: ECONOMY WATCH
2
Sub-Saharan Africa’s Renewed Macro-economic Challenges
Take Nigeria; I am optimistic that with the Government’s stated policy and resolute pursuit of diversifying the economy, entrepreneurship will rise and thrive to help invigorate the economy.
SOURCE: MAIL & GUARDIAN AFRICA
3
Record Sales For African Businesses
The smart people are still investing!
4
The Solution To Africa’s Problems Can Be Found Within
5
First Ever Black Female Owned Airline Goes International
6
Leadership Is A Collective Venture
Young people need good mentors and role models early in life to help equip them with the tools they need to be successful. I am always grateful for the solid foundation that was laid for me by my parents and my mentors.
7
Entrepreneurs Are The Foot Soldiers Of Africa’s Green Revolution
8
Understanding How To Do Business In Africa, From Africans
9
You Won’t Regret Investing In African Startups
10
Tony O. Elumelu, Founder, The Tony Elumelu Foundation
Tony O. Elumelu is a serial entrepreneur and a philanthropist. Born, raised and educated in Africa, Mr. Elumelu has been responsible for creating businesses across the continent, in sectors critical to Africa’s economic development.
In 2010, he founded Heirs Holdings, an African investment holding company, with investments in financial services, power generation, oil and gas, agribusiness, real estate, and hospitality. In the same year, he established the Tony Elumelu Foundation, an Africa-based and African-funded philanthropic organization, dedicated to catalyzing entrepreneurship across Africa.
He is Chairman and founder of UBA Group Plc, one of the largest banks in Nigeria and a Regional Partner of the World Economic Forum. In addition, Mr. Elumelu chairs Transcorp Plc, which is Nigeria’s largest listed conglomerate. He serves as a member of the board of USAID’s Private Capital Group; the. Vice-Chairman and a key driver in the formation of National Competitiveness Council of Nigeria; Co-Chair of the Aspen Institute Dialogue Series on Global Food Security; and on the Global Advisory Council of the Wilson International Center for Scholars.