Tony O. Elumelu endows The Future Awards Africa Prize for 5 years and Hosts African Young Person of the Year Honourees
In another big move, one of Africa’s most influential Billionaire Entrepreneurs, Tony O. Elumelu, CON, (Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation) has announced a 5-year endowment of The Future Africa Awards prizes.
Recognised by the World Bank last year as ‘The Nobel Prize for Young Africans’, The Future Awards Africa, which is in its 8th season, is presented in partnership with the African Union Commission and Microsoft.
“The future of Africa is in the hands of brilliant young minds such as these. Hence, our endowment, which looks to the long term, will not only support the sustainability of this important prize, but also encourage up and coming young African leaders, leaders who
understand that they have a duty to stimulate this continent’s economic and social development with creative solutions” said Tony Elumelu.
Mr. Elumelu also hosted 10 honourees for the African Young Person of the Year Prize at an exclusive reception and mentorship session at the Heirs Holdings office, Lagos, Nigeria on
Friday, 16 August 2013 purposely scheduled to coincide with the week of the International Day of the Youth.
The honourees are drawn from across the continent and include Africa’s youngest billionaire, Uganda’s Ashish J. Thakkar, and Malawi’s inventor, William Kamkwambe, as well as Nigeria’s music entrepreneurs, Peter
and Paul Okoye (P-Square).
Other nominees for The Africa Prize are
Tanzanian entrepreneur, Patrick Ngowi;
Nigerian social entrepreneur Grace
Ihejiamaizu; Cameroon’s rural health worker, Foglabenchi Lily Haritu; entrepreneur and software developer, Kariuki Gathitu from Kenya; clean water advocate and social
entrepreneur, Saran Kaba Jones; South Africa’s youngest patent holder and serial inventor, Ludwick Marishane; and award winning student inventor from Burkina Faso, Moctar Dembélé.
“We are excited to announce this institutional partnership as Heirs Holdings continues to set
the pace for investing in Africa,” said Chude Jideonwo, who is Executive Director of The Future Project. “Through his varied support for
young African leaders, Mr Elumelu has shown his particular interest in the next generation of Africa’s brightest and best, and in working with
The Future Awards Africa, undeniably the leading platform on the continent for leaders, innovators, and entrepreneurs; he has taken
yet another giant step.”
The awards event – to be televised exclusively on Africa Magic – holds in September 2013.
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For more information, visit @TFAAfrica on Twitter or http://www.thefutureafrica.com/awards. The official hashtag for the event is #TFAA2013