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Thursday, April 12, 2018/8:00AM/UBA
Entrepreneur, and
philanthropist, Tony O. Elumelu will lead a 5-day working visit to East Africa,
where he will meet withnational leaders of Kenya and Uganda.
In his capacity as
Chairman of United Bank for Africa (UBA), Mr. Elumelu will travel to Uganda
(April 10) and Kenya (April 12) to meet with the Executive Presidents of both
nations, Uhuru Kenyatta and Yoweri K. Musevenito discuss issues around the
growth and development of the their economies, enabling entrepreneurship,
infrastructure financing, regional economic growthand how the private sector in
Africa can work in shared purpose alongside African governments to create
prosperity for all Africans.
On the side lines of these
engagements, the Tony Elumelu Foundation (TEF) will gather members of the
full local ecosystem – from investors to academia to established and emerging
entrepreneurs alike – for an entrepreneurship ecosystem event. During the
event, TEF alumni and members of the vibrant Kenyan and Ugandan
entrepreneurship communities will receive insights from guest speakers who will
provide practical, practicable information to help the audience develop their
businesses and their business management skills. Guest speakers include leaders
from TEF partner Microsoft and other ecosystem players including Google.
During the visit, Elumelu will also meet with key stakeholders
and policy makers in the countries to discuss infrastructural funding
opportunities, as well as interact with leading private and public sectors
players. He will host a Founder’s Forum with students of Makerere University,
Kampala and University of Nairobi, two leading African institutions. At this
Forum he will give young Africans insight into his own life, share tips and
values for success while encouraging entrepreneurship and development.
A proponent of the economic philosophy ofAfricapitalism, Elumelu
has toured various countries in Africa and beyond, encouraging entrepreneurship
and advising governments on why it is essential for private sector partnership
to grow their economies.
Through the Tony Elumelu Foundation, the UBA Chairman has supported
over 3,000 entrepreneurs and counting, helping to build their dreams and
businesses to a point where they will in turn employ other Africans to help
build the continent.
In March, the Foundation announced the 2018 cohort of its 10-year,
$100 million TEF Entrepreneurship Programme, which saw the selection of over
1,000 African entrepreneurs with the most innovative, high-potential business
ideas and an additional 250 entrepreneurs thanks to partnerships with the
International Red Cross (ICRC) and the United Nations’ Development Programme
(UNDP).
Elumelu is the Founder and Chairman of Heirs Holdings Ltd, a
family owned investment company committed to improving lives and transforming
Africa. With portfolio spanning the power, oil and gas, financial services,
hospitality, real estate and healthcare sectors, operating in twenty-three
countries worldwide. He sits on numerous public and social sector boards,
including the global advisory board of the United Nations Sustainable Energy
for All Initiative (SE4ALL), USAID’s Private Capital Group Partners Forum
(PCG), and is Co-Chair of the Aspen Institute’s Global Food Security Working
Group. He serves on the international advisory board of the Washington DC based
think tank the Wilson Center and is a member of the Global Advisory Council of
the Harvard Kennedy School’s Centre for Public Leadership. He is also a member
of the World Economic Forum Community of Chairmen.
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