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Tony O. Elumelu, CON

Sep 21 • 4 tweets • 3 min read

I am an example of success in Africa. There are a lot of opportunities on the continent, but capital is very difficult to come by. I come from a modest background and I have been able to grow multinational businesses from this modest background.

But I'm not the only one.

There are a lot of other young Africans who are more energetic, equally intelligent, if not more intelligent, but access to capital is very difficult to come by in Africa.

@TonyElumeluFDN

The @TonyElumeluFDN for the past 12 years has been catalysing and supporting African entrepreneurs and from my interactions with them and what we've seen, they need capital, mentoring and business education, so that when the capital comes they know how to manage it.

@CNNBusiness

Watch my full interview with @CNNBusiness’ @richardquest here👇🏾

instagram.com/tv/CivgCA_gpLb…

#TransformingAfrica the #TOEWay

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Tony O. Elumelu, CON

@TonyOElumelu

Sep 22

@TonyElumeluFDN

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 @TonyElumeluFDN.

Hearing their testimonies, successes and challenges, 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!

@TonyElumeluFDN

Yesterday, on the side-lines of #UNGA77, @TonyElumeluFDN and @Google hosted a Roundtable at @UBAAmerica. We listened to 3African entrepreneurs; Ugochi Obidiegwu, founder - @TheSafetyChic; Kwabena Danso, founder - Booomers Intl. Ltd, and Chioma Ukonu, co-founder - @RecyclePointsNG

Read 9 tweets

Tony O. Elumelu, CON

@TonyOElumelu

Sep 21

@PreetiSinha_

When I first met @PreetiSinha_, Executive Secretary of
@UNCDF, I was struck immediately by her passion, enthusiasm and advocacy for youth and entrepreneurship – and I knew I had an ally and a friend.

Her mission is our mission, at the @TonyElumeluFDN.

@UNCDF

Months later, what started off as a shared, but distant, vision is being executed, as we convened on Monday in NY, to sign the African Youth Entrepreneurship Agreement - a partnership between TEF and @UNCDF; UN’s catalytic finance entity capacitise even more African entrepreneurs

Youth unemployment is a tragic waste of talent and a betrayal of a generation. In Africa, we feel the harsh impact of youth joblessness. As African leaders, we must do something – more importantly, as global leaders, we must work together to address this issue.

Read 8 tweets

Tony O. Elumelu, CON

@TonyOElumelu

Mar 17

This morning, I am listening to my colleagues at the office bemoan the very pressing issues that they face everyday in this country, and how things have been getting worse and worse - no electricity for 5 days, hikes in the price of diesel, frightening food inflation, etc.

How can a country so rich in natural resources have 90% of its citizens living in hardship and poverty? I have often said that access to electricity is critical for our development, alleviation of poverty and hardship. And speaking of security, our people are afraid!

@Shell

Businesses are suffering. How can we be losing over 95% of oil production to thieves?
Look at the Bonny Terminal that should be receiving over 200k barrels of crude oil daily, instead it receives less than 3,000 barrels, leading the operator @Shell to declare force majeure.

Read 6 tweets

Tony O. Elumelu, CON

@TonyOElumelu

Sep 4, 2019

Africa is such a beautiful and blessed continent and we Africans are our greatest resource. I’ve always known and felt this... (a thread)

#StopXenophobia #SayNoToXenophobicAttacks #TOEWay

As a young man when we started at Standard Trust Bank, banks were still focused on metropolitan areas but we wanted to give opportunity to everyone and create access to financial services for all around the country. So we left the city and we expanded all over Nigeria. (2)

@UBAgroup

@UBAgroup was a one country operation in 2005 when I took over as CEO following the merger but our strategic intent was to do what we did w/ Standard Trust Bank & expand this time in Africa bringing excellence in financial services & again - access, uniting Africa through banking

Read 9 tweets

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