When Tony Elumelu, the founder of Tony Elumelu Foundation (TEF) launched the foundation in 2015, the vision was simple: to produce ten thousand African entrepreneurs in ten years; create over one million jobs in ten years through these young Africans and adding ten billion dollars to the African economy through a business grant of one... Read More

africapitalism, enterpreneurship, Tony Elumelu

September 4, 2016

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Tony Elumelu: Role of private sector in fighting poverty

Over one billion people, referred to as the “bottom billion” live on less than $1.25 a day worldwide. In Nigeria, it is estimated that up to 70 per cent of Nigerians can be classified as living in extreme poverty. Without a doubt, poverty statistics can be overwhelming, but I am certain that the fight against... Read More