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Tony Elumelu

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Tony Elumelu

Founder, The Tony Elumelu Foundation
Tony Elumelu

Tony O. Elumelu is one of Africa’s leading investors and philanthropists. He is the Founder and Chairman of Heirs Holdings, his family-owned investment company committed to improving lives and transforming Africa, through long-term investments in strategic sectors of the African economy, including financial services, hospitality, power, energy, technology, and healthcare. Tony is the Chairman of pan-African financial services group and, the United Bank for Africa (UBA). He also chairs Nigeria’s largest quoted conglomerate, Transcorp whose subsidiaries include Transcorp Power, and Transcorp Hotels Plc. He is the Founder and Chairman of Heirs Oil & Gas, an upstream oil and gas company. In 2010, he created The Tony Elumelu Foundation (TEF), the pan-African philanthropy empowering a new generation of African entrepreneurs, catalysing economic growth, driving poverty eradication, and driving job creation across all 54 African countries. His businesses and 3 Foundation are inspired by Tony’s economic philosophy of Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the African continent. Tony sits on a number of public and social sector boards, including the Global Advisory Council of the Harvard Kennedy School’s Centre for Public Leadership, World Economic Forum Community of Chairmen and the Global Leadership Council of UNICEF’s Generation Unlimited.