By Ada Anioji
As part of its mentorship efforts, the Tony Elumelu Foundation (TEF) – in conjunction with the Nigeria Leadership Initiative (NLI) — has hosted an intimate discussion between select Associate Fellows of the NLI and Tony O. Elumelu, Chairman of Heirs Holdings and the United Bank for Africa (UBA).
The talk, titled ‘Leadership for High Impact’ was designed to give NLI’s Associate Fellows access to the billionaire investor and philanthropist, to ask questions and receive insights on leadership.
“Over the course of my career, I have learned that when you achieve a certain amount of experience and a certain amount of success, it is important to reflect on what principles, practices and decisions led you to success. When you find those key elements, it is important to pass that knowledge along, so that others may learn from your success, and also your mistakes. That is what today was about,” Tony O. Elumelu said.”
Through its flagship initiative – the 10-year, $100 million Tony Elumelu Entrepreneurship Programme – The Tony Elumelu Foundation is committed to empowering the next generation of Africa’s entrepreneurs. Today’s event saw TEF and NLI working together toward this goal.
“NLI believes that leadership is both transferable and trans-generational; the leadership dialogue with Mr. Elumelu provided an opportunity to transfer values, knowledge and experience from an accomplished leader to young, emerging and aspiring leaders,” said Dr. Yinka Oyinlola, NLI’s CEO.
Mr. Elumelu is a Senior Fellow of the NLI. Last May, he met with London-based NLI fellows at Oxford University on the sidelines of a speech he delivered there titled: Africapitalism as a Catalyst for the Development of Africa.
Chime Asonye, Associate Fellow of NLI and SSA on Sustainable Development Goals to Abia State Governor Dr. Okezie Ikpeazu, speaking on the sideline of the event said “We need to dialogue with important thought leaders and change makers who are helping to catalyze economic development and lead the way forward. Industry leaders like Tony Elumelu are helping to chart the way forward and set a development agenda for the 21st century.”
TEEP is a commitment by the Tony Elumelu Foundation to identify and fund 10,000 African entrepreneurs over a 10-year period. It is an answer to the question of how to catalyse change on a massive scale across Africa, seeking to add $10 billion of additional revenues to Africa’s economy; provide over one million new jobs; and create a new generation of empowered entrepreneurs. TEEP commenced work in December 2014, with a funding pledge $100million by the Foundation and the inaugural 2015 round drew over 20,000 applicants from 51 African countries. The 2016 edition is ongoing.