--- title: Tony O. Elumelu | TIME description: Tony O. Elumelu is Chairman of Heirs Holdings and United Bank for Africa (UBA) and Founder of the Tony Elumelu Foundation (TEF). He was recognized by TIME as one of the 100 most influential people of 2020. canonical: https://time.com/author/tony-o-elumelu/ og:title: TIME | Current & Breaking News | National & World Updates og:description: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. og:url: https://time.com/author/tony-o-elumelu/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production og:image:width: 300 og:image:height: 300 og:image:alt: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. og:type: profile twitter:card: summary twitter:title: TIME | Current & Breaking News | National & World Updates twitter:description: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- # Tony O. Elumelu ## Tony O. Elumelu Tony O. Elumelu is Chairman of Heirs Holdings and United Bank for Africa (UBA) and Founder of the Tony Elumelu Foundation (TEF). He was recognized by _TIME_ as one of the 100 most influential people of 2020. ## Tony O. Elumelu *  Oct 16, 2024 ### [Column: Youth Entrepreneurs Are Key To Climate Action in Africa](https://time.com/7093611/youth-entrepreneurs-climate-action-africa/) Fostering entrepreneurship is a crucial pathway to achieving long-term climate solutions. [CLIMATE](/section/climate/) *  Nov 29, 2016 ### [Germany's New 'Marshall Plan' Must Treat Africa as an Equal Partner](https://time.com/4578809/marshall-plan-for-africa/) It will require rethinking development [IDEAS](/section/ideas/) *  Sep 29, 2015 ### [What the U.N.'s New Development Goals Mean for Africa](https://time.com/4052700/un-sustainable-development-goals-africa/) The private sector must play a key role for them to succeed [IDEAS](/section/ideas/) *  Sep 15, 2015 ### [Progress in Africa Will Help Ease the Global Migrant Crisis](https://time.com/4033366/progress-in-africa-will-help-ease-the-global-migrant-crisis/) 'Africapitalism' is the key to creating more economic opportunities in Africa [IDEAS](/section/ideas/) Meta: null ```json [{"@context":"https://schema.org","@type":"Organization","@id":"https://time.com/","name":"TIME","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/","name":"Home"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/author/tony-o-elumelu/","name":"Tony O. Elumelu"}}]},{"@context":"https://schema.org","@type":"Person","@id":"https://time.com/author/tony-o-elumelu/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/author/tony-o-elumelu/"},"name":"Tony O. Elumelu","jobTitle":null,"description":"Tony O. Elumelu is Chairman of Heirs Holdings and United Bank for Africa (UBA) and Founder of the Tony Elumelu Foundation (TEF). He was recognized by TIME as one of the 100 most influential people of 2020.","url":"https://time.com/author/tony-o-elumelu/","worksFor":{"@type":"Organization","name":"TIME","url":"https://time.com/"}}] ```