Who and what Inspires you?

TOE at home

As an entrepreneur, I draw inspiration from other brilliant minds in business, technology, entertainment, and indeed all spheres of life. I talked in depth about four of these incredible personalities that I admire in my recent interview with New African Magazine: “I can think of four people, two of whom have passed away that I […]

A moment of Appreciation

Monday was a day of emotion and reflection. I hosted colleagues at a cocktail party, to celebrate something very important to me – you, our team, our people. Earlier this year, we significantly advanced our strategy in the oil and gas sector, completing the historic acquisition of OML17, for $1.1 billion, through Heirs Oil & Gas (HHOG). […]

5 Key Steps to Improving Nigeria’s Business Environment.

Tony Elumelu at an Investors Webinar

I was happy to deliver remarks at the Investors Webinar organized by the Bureau of Public Enterprises in collaboration with the Nigeria Investment Promotion Commission with the theme “The International Perspectives of Nigeria’s Business Environment”. I expressed my confidence in the opportunity that the country provides and emphasized the need to de-personalise investment opportunities and focus on […]

A Reimagined Africa – France relationship

Tony Elumelu & President Emmanuel Macron

In 2018, I hosted H.E. President Emmanuel Macron in Lagos.  We share some fundamental ideas in common – the urgency of economically empowering our youth, the potential of entrepreneurship, using technology for good – and for all – a focus on execution, the need to do things now. As part of the President’s visit to […]

Letter to the next generation

Young African, You are brave, you are resilient. You are savvy, you are entrepreneurial, and unlike the generations that have come before you, you are much hungrier for success. You call your ambition, “your hustle”, and you have several of them because you are tireless and eager to achieve financial independence – no matter how […]

5 Years of Spreading Luck – Everyone Needs a Little Help

In business, the role luck plays in success and personal achievement is rarely discussed. If luck is mentioned, it is done with slight condescension, and usually dismissed as a product of hard work, not deserving significant attention. While hard work is paramount – and I have written extensively about the importance of working hard – […]

I received this Letter from a Mentor of the Tony Elumelu Foundation

Earlier this week, I received the letter below from a mentor of the Tony Elumelu Foundation Entrepreneurship Programme – Mrs. Fatima Aliko Mohammed. In this appreciative letter, she extols our entrepreneurship programme, and highlights the role the Foundation is playing in creating value not only Nigeria, but across Africa. Fatima’s mentee, Abimbola, is one of […]

Open Letter to African Entrepreneurs

To all of Africa’s aspiring entrepreneurs, I commend your courage and determination to build a business in the face of constraints that inhibit the viability of your startup and significantly threaten its survival. Last year, over 20,000 of you participated in a series of surveys we conducted to ascertain the key challenges you faced as […]

My UBA Story

Days after leaving the United Bank for Africa as the Group Managing Director, Mr. Tony Elumelu has advanced his entrepreneurial vocation and passion by setting up Heirs Holdings and the Tony Elumelu Foundation. At the send-off held for him at the weekend in Lagos, prominent Nigerians, including former President Olusegun Obasanjo, ministers, governors, businessmen, bankers, […]