Tony Elumelu

Anthony Onyemaechi Elumelu CFR (born 22 March 1963) is a Nigerian economist, entrepreneur, investor, banker and philanthropist. He chairs Heirs Holdings,Transcorp, United Bank for Africa, and is the founder of The Tony Elumelu Foundation. Quotes We welcome true partnership, partnerships of substance and based on equity where Africans and African solutions catalyse Africa’s future. Elumelu urges global leaders to move beyond aid-based engagement with Africa The private sector is what will help us mobilise capital to drive investment in infrastructure, investment in electricity. These are two critical requirements for the economic prosperity and development of Africa. If we create the right operating environment, we will create jobs for our people. We will alleviate poverty and deliver growth and prosperity. Elumelu urges global leaders to move beyond aid-based engagement with Africa In Africa, we have a young population. There is no room for victim mentality. Our youth do not need handouts; they need jobs, they need improved access to electricity, they need to join the internet. What is important is providing this enablement, this infrastructure requirement, so that our young ones can realise their potential. Elumelu urges global leaders to move beyond aid-based engagement with Africa It is a good place to be at, as Africans, now. We should embrace those who want to help us catalyse growth in Africa. And let us not forget Africa is the fastest growing region globally and it is not just demographics. Elumelu urges global leaders to move beyond aid-based engagement with Africa@ In the 21st century, the mindset must change. It should be a mindset that embraces economic prosperity and development, a mindset that creates the environment that will help us alleviate poverty in Africa, create jobs for our young people. Elumelu urges global leaders to move beyond aid-based engagement with Africa I am here because of luck. At times, you don’t get successful because you are the best in class or because you are the fittest or most energetic. Sometimes, you need luck and I am a product of luck The world must be deliberate about including Africa in the digital revolution. Africa must have a seat at the table where governance, practices, and protocols for artificial intelligence (AI) are being developed. The African Finance Corporation (AFC) — which we helped to establish — recently published research showing that Africa has over $4 trillion in untapped economic resources. At Heirs Holdings and UBA Group, we believe in doing what we can from within. Pension funds have played a critical role in developing many countries — including the United States. Nigeria’s pension reform under President Obasanjo was a great initiative and has been managed well. I don't Subscribe to Oyinbo life.