Tony Elumelu, Nigerian Billionaire Entrepreneur To Fund 1000 Budding African Entrepreneurs

Tony Elumelu, Nigerian Billionaire entrepreneur as part of a $100 million (67million pounds) initiative to boost Africa’s private sector has decided to fund 1000 budding African Entrepreneurs.

Mr. Elumelu explained that the 1000 were chosen from 20,000 applicants from 52 African states who applied .
Mr. Elumelu was listed by Forbes Magazine last year as the 26th richest African with networth of $1 billion.
Tony makes history with his donation being the largest by a businessman towards the development of small businesses in Africa according to reports from BBC’s Lerato Mbele from South Africa.
Tony’s ultimate goal is to drive Africa’s economic and social transformation from within and to radically intensify job creation in Africa.
Great work Tony!!!!!

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