Tony Elumelu bags TIME100 Impact Award
…Says the world is in need more than ever before
Nigerian Investor, chairman of Africa’s largest bank, United Bank for Africa and HEIRS Holdings, and founder of The Tony Elumelu Foundation, Tony Elumelu has said the world currently is in need than ever before as he bagged a TIME100 Impact Award.
He made mention of this on stage at the TIME100 Impact Awards and Gala at the Museum of the Future in Dubai, United Emirates. The TIME100 Impact Award recipient who continues to be a strong advocate for economic empowerment for less fortunate places in the world spoke with a sense of urgency at the event with the presence of celebrities, politicians and prominent business leaders.
According to him, “The world is in need of people like us—more than ever before. We should pull resources together, we should commit now to help in anyway possible in economically empowering others.”
Elumelu at the event paid tribute to “hardworking young men and women in Africa, who aspire to help their families and their communities.” He cited example of how Tony Elumelu Foundation since 2010 has continued to create “significant opportunities and economic hope for others” while “helping redefine how all of us need to work together to uplift through the message of entrepreneurship.”
The foundation has given $5,000 each to 15,000 young entrepreneurs from 54 African countries as part of efforts to grow entrepreneurial spirit in Africa and encourage economic development.
Along with his philanthropic efforts, Elumelu serves as chair of the United Bank of Africa, where his vision for securing long-term investments from the private sector to drive economic development in Africa has helped create new job opportunities and turn the continent into a hub for innovation.
Elumelu at the event stressed the need for investment and opportunity more than ever in Africa and the world.
“In the 21st century, there’s so much poverty, sickness, and bitterness in the world,” he said,“Our calling should be one that has to prioritise humanity.”
