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Tony Elumelu speaks
Chairman of United Bank for Africa (UBA) and founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu

Elumelu meets presidents, drills East African youths on basic entrepreneurship keys

In line with his self-styled Africapitalism drive, the Chairman of United Bank for Africa (UBA) and founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, is currently touring East African countries with his strategic campaign designed to deepen entrepreneurship and infrastructure growth in the continent.

A statement issued by the group, revealed that Elumelu is on a five-day working visit to East Africa, where he will meet with national leaders of Kenya and Uganda.

The UBA chairman would travel to Uganda and Kenya to meet with the Presidents of both nations, Uhuru Kenyatta and Yoweri Museveni, to discuss issues around the growth and development of the their economies.

Central to his discussion is models that will drive and enable advancement in entrepreneurship, infrastructure financing, regional economic growth, and how the private sector in Africa could work in shared purpose alongside African governments to create prosperity for all Africans.

The statement also noted that “On the sidelines of the 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 Kenyan and Ugandan entrepreneurship communities will receive insights from guest speakers who will provide practicable information to help the audience develop their businesses and their business management skills,” it added.

Guest speakers included leaders from TEF partner, Microsoft, and other ecosystem players, including Google.

Continuing, the group disclosed that “During the visit, Elumelu will also meet with key stakeholders and policymakers in the countries to discuss infrastructural funding opportunities, as well as interact with leading private and public sector 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.”

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