Dangote congratulates Elumelu on Time Magazine honour

Dangote congratulates Elumelu on Time Magazine honour

Africa’s richest man and the President of Dangote Industries Limited, Aliko Dangote, has congratulated respected entrepreneur and the Chairman of the United Bank for Africa and Heirs Holdings, Tony Elumelu, on being recognised as one of the 100 most influential people in the world by Time Magazine.

In a statement on the magazine’s website, Dangote wrote, “A mere handshake says a lot about Tony Elumelu. His gritty grip underlines his charming, tenacious personality― a man who hardly backs down from any challenge. The same engaging qualities have propelled him from a modest beginning in Nigeria to becoming chair of the United Bank of Africa, and one of the most innovative and ambitious business leaders of his generation.

He is a leading proponent of ‘Africapitalism’, a belief that Africa’s private sector can and must play a leading role in the continent’s development through long-term investments, as well as entrepreneurship and regional connectivity.

After deepening the financial market in Africa, he has found an equally important niche: giving a voice of hope to millions of youths across Africa. Tony has harnessed Africa’s youth bulge to catalyse development and protect the future, committing to invest $5,000 each in 1,000 young entrepreneurs per year across 54 countries in Africa. Having come so far, Tony still forges on, striking a fine balance between personal satisfaction and societal impact.”

Other Nigerians that were on the magazine’s list are a cardiologist, Tunji Funsho; and writer, Tomi Adeyemi. Funsho was said to have used his position to ensure Africa’s certification as wild polio-free in August 2020, making sure that no child in Africa would ever again be paralysed by wild polio― a disease that once disabled 75,000 African children every year.

Meanwhile, Adeyemi has continued to make her fatherland proud with her creative writings. She is best known for the New York Times bestselling book, Children of Blood and Bone.

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