Tony Elumelu Endows TFA Africa Prize, Hosts African Young Person Of The Year Honourees

In another big move, one of Africa&#39s most influential entrepreneurs, Tony O. Elumelu, CON, has announced a 5-year endowment of The Future Africa Awards prizes. Recognised by the World Bank last year as &#39The Nobel Prize for Young Africans&#39, 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,” said Tony O. Elumelu, Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation. “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&#39s economic and social development with creative solutions.”

Mr. Tony O. Elumelu, Chairman Heirs Holdings

Mr. Elumelu will also host 10 honourees for the African Young Person of the Year Prize to an exclusive reception and mentorship session at the Heirs Holdings office, Lagos, Nigeria on Friday, 16 August 2013. The event is scheduled to coincide with the week of the International Day of the Youth.

The honourees are drawn from across the continent and include Africa&#39s youngest billionaire, Uganda&#39s Ashish J. Thakkar, and Malawi&#39s inventor, William Kamkwamba, as well as Nigeria&#39s music entrepreneurs, Peter and Paul Okoye (Psquare).

Grace Ihejiamaizu Ashish Thakkar

Other nominees for The Africa Prize are Tanzanian entrepreneur, Patrick Ngowi; Nigerian social entrepreneur Grace Ihejiamaizu; Cameroon&#39s 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&#39s 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&#39s 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.”

Mr. Chude Jideonwo, Executive Director The Future Project

The awards event – to be televised exclusively for Africa Magic – holds in September 2013.

For more information, visit @TFAAfrica on Twitter or the website The official hashtag for the event is #TFAA2013.


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