Tony Elumelu

Tony Elumelu

Chairman, Heirs Holdings, UBA & Transcorp

Location: Lagos, Nigeria

Banker-turned-investor and philanthropist known for popularising 'Africapitalism' and funding thousands of African entrepreneurs.

About

Tony Elumelu is a Nigerian economist and investor who chairs Heirs Holdings, United Bank for Africa (UBA) and Transnational Corporation of Nigeria (Transcorp). He is known for coining the philosophy of ‘Africapitalism’ – the idea that the private sector can drive Africa’s economic and social development. Through the Tony Elumelu Foundation, he has funded and mentored thousands of young African entrepreneurs across all 54 African countries.

Areas of expertise

Profile details

Organisation
Heirs Holdings
Location
Lagos, Nigeria