Why Tony Elumelu and Dr. Awele Elumelu Are Africa’s Power Couple

Tony Elumelu and Dr. Awele Elumelu being interviewed by Eleni Giokos, CNN Business Africa Correspondent

Lagos, Nigeria, June 14, 2019//-A few days ago, the internet went abuzz when CNN International shared a video of billionaire philanthropist, Tony O. Elumelu and his wife, Dr. Awele Elumelu and referred to both as “Africa’s Power Couple” in recognition of their work empowering African entrepreneurs.

“Tony Elumelu, Founder, The Tony Elumelu Foundation, and his wife, Awele Vivian Elumelu, explain how they’re aiming to create a million jobs in a decade by focusing on funding for startups and entrepreneurs” – the caption read.

There are a few things you should know about the Elumelus.

Here are 3 reasons why Tony and Dr. Awele Elumelu are Africa’s Power Couple and bonus goals they have set out to achieve:

Tony and Dr. Awele Elumelu are passionate about empowering African entrepreneurs. 

In 2010, the Elumelu Family committed $100 million to empower 10,000 African entrepreneurs in 10 years through the Tony Elumelu Foundation Entrepreneurship Programme.

Half-way through the year, they have gone beyond their annual commitment of 1,000 entrepreneurs yearly. The current number of beneficiaries stands at 7,520 across all 54 African countries. 

Mr Tony Elumelu surrounded by 2017 TEF entrepreneurs

Click HERE for more.

They plan to create 1 million jobs in Africa
The goal of the Elumelus is to empower these entrepreneurs to create 1million jobs and contribute $10billion in revenue to the African economy by the end of their 10-year Entrepreneurship Programme. 

This commitment is in line with the philosophy of Africapitalism coined by Tony Elumelu; the ambitious theory that the African private sector has the potential of transforming the African continent. 

Check HERE for stories of the Tony Elumelu Entrepreneurs.

 They are Africapitalists at heart and in deed
An entrepreneur himself, Tony Elumelu began from humble beginnings and rose quickly to become the Chairman of Africa’s global bank, United Bank for Africa, Chairman of the family-owned investment company, Heirs Holdings, and Chairman of Nigerian conglomerate, Transcorp Plc.  

Besides her role as Trustee of the Foundation, Dr. Awele Elumelu, a mother of seven, has been a role model for career women across Africa. She is the Chairperson of Avon Healthcare and GAVI Ambassador for Immunisation in Africa.  

 BONUS: This July, the Tony Elumelu Foundation will host the largest gathering of African entrepreneurs on the continent. Over 5,000 participants are expected.

To learn about the Elumelus and meet the entrepreneurs they have empowered, click HERE to register for the forum.

African Eye Report

Photo Gallery

Log in | Designed by Village Pixels