African Billionaire Tony Elumelu Launches $100 Million Dollar Program for African-American Entrepreneurs

GOOD BLACK NEWS

African billionaire Tony Elemelu and President Barack Obama (photo via financialjuneteenth.com)

Tony Elumelu, an attributed philanthropist and African billionaire, is a stellar businessman with specialized training in economics, seeking to change the economic standing of those in the African-American community.  Elumelu chairs Heirs Holdings and Transcorp, and is also the founder of the esteemed Tony Elumelu Foundation.

In 2014, Elumelu, along with other prominent American and African business moguls, partnered to form a summit in Washington DC that consisted of more than 45 African and American business heads, along with 50 African business leaders. The common theme of the platform was to see to the improvement in the economic stance of Africans, as well as African-Americans, and to create advancement opportunities for all who interacted.

Elumelu’s statements to the media explained that the summit presented a promising opportunity for individuals to make positive returns on contributions made to valuable incentives around the…

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