Inside The Achievement Giving Tony Elumelu Great Joy
African businessman, Tony Onyemaechi Elumelu has once again revealed the achievement that gives him the greatest joy as an entrepreneur.
Mr. Elumelu, who founded The Tony Elumelu Foundation in 2010, is the chairman of leading African conglomerates – Heirs Holdings, United Bank for Africa (UBA), and Transnational Corporation (Transcorp).
And seeing the beneficiaries of The Tony Elumelu Foundation and their businesses become success stories is it for him and that has not changed.
“Hearing their testimonies, successes and challenges, and the impact that $5,000 has on their businesses, ideas, and communities – this gives me joy and excitement. When people ask what motivates me – this is it!”, Mr. Elumelu maintained in a social media post on Thursday, September 22, 2022.
His position was in reaction to comments by three enterprising African entrepreneurs; Ugochi Obidiegwu, founder of The Safety Chic; Kwabena Danso, founder of Boomers International Ltd and Chioma Ukonu, co-founder of RecyclePoints at a Roundtable hosted by The Tony Elumelu Foundation and Google at UBA America on the sidelines of #UNGA77.
The trio took Mr. Elumelu and the President of Google, Jacqueline Fuller among others through what they have achieved through the seed capital, training, and mentoring received from the Tony Elumelu Foundation.
Mr. Elumelu’s mind on what transpired at the roundtable reads…
Often, I am asked what achievement I am most proud of, and my answer is always the same – the sense of fulfilment I feel when I interact with the beneficiaries of The Tony Elumelu Foundation.
Hearing their testimonies, successes and challenges, and the impact that $5,000 has on their businesses, ideas, and communities – this gives me joy and excitement. When people ask what motivates me – this is it!
Yesterday, on the sidelines of #UNGA77, The Tony Elumelu Foundation and Google hosted a Roundtable at UBA America. We listened to 3 enterprising African entrepreneurs; Ugochi Obidiegwu, founder of The Safety Chic; Kwabena Danso, founder of Boomers International Ltd and Chioma Ukonu, co-founder of RecyclePoints, who took me and all our partners present at the roundtable – Jacqueline Fuller, President, Google; Peter Maurer, President, International Committee of the Red Cross; Travis Atkins, President, United States African Development Foundation; Ahunna Eziakonwa, Assistant Administrator, United Nations Development Programme – UNDP; Nitin Gajria Managing Director, Sub-Saharan Africa Google, and many others, through their journeys, lessons and the great feats they have accomplished directly and indirectly through the seed capital, training and mentoring received from the Tony Elumelu Foundation. I couldn’t have been prouder of my team for the impact they create and all our partners that make this possible. And these are just three…
I am so glad that United States African Development Foundation is joining the other global institutions who partner with TEF, to rewrite how development assistance in Africa can catalyse and empower our youth, through the $20million agreement signed with TEF yesterday. The partnership will empower many, many more entrepreneurs, over a period of 5 years through funding, training, and mentorship.
I have always said that the world needs to pull resources, together to commit to empowering the youth economically, to radically effect change. This is happening. I am glad that the Tony Elumelu Foundation is the enabling vehicle for this, playing its part in rallying this coalition for transformative change. Thank you United States African Development Foundation.
