There are billionaires and there are silent billionaires. When billionaires are mentioned in Nigeria, the name Aliko Dangote, Femi Otedola, and Tony Elumelu among others easily come to mind. A.
The Board of United Bank for Africa Plc (UBA) yesterday announced the appointment of Tony Elumelu, as Chairman, succeeding Ambassador Joe Keshi. Mr Elumelu is Chairman and CEO of Heirs.
Africapitalist proponent, Tony Elumelu has committed N100 million ($617,000), through his foundation, to help battle Ebola outbreak in West Africa, joining a growing list – which includes Africa’s richest man.
US Secretary of Commerce, Penny Pritzker has called for more US investment in Nigeria as she leads 20 American companies on an energy business development trade mission to West Africa.
An estimated US$7 billion is given away every year by Africa’s philanthrocapitalists – at least the ones we know about. These are the men we will bring the list of.
Africapitalism proponent and chairman of Heirs Holdings Limited, Tony Elumelu, has said that Africa must do more to tackle the threat of unemployment, which risks derailing the continent’s much-touted economic.
Heirs Holdings, a Tony Elumelu-led pan-African proprietary investment company with interests in Barack Obama’s $7 billion Power Africa initiative, has announced an undisclosed figure investment in San Francisco-based Planet Labs’.
It’s just paper gains, but it counts. Nigerian banker Tony O. Elumelu has become at least $123 million richer between November 1 and November 21 as shares of Transcorp PLC, a.
President Barack Obama’s $7 billion US-backed Power Africa initiative has received a major boost with the announcement of the complete payment for the $300 million Ughelli power plant in Delta.
The answer to Africa’s development challenge is in the hands of Africans not Americans, Europeans, or Chinese. The answer will not come from Development Bank initiatives, aid incentives, or relief.
