Dangote Praises Elumelu, Says He’s Giving Voice Of Hope To Millions Of Youths

Aliko Dangote with Tony Elumelu
Dangote Praises Elumelu, Says He's Giving Voice Of Hope To Millions Of Youths - Vantage News Nigeria
Aliko Dangote with Tony Elumelu

In congratulating the Chairman of United Bank of Africa, Tony Elumelu, on his emergence on the list of Time Magazine 100 Most Influential People of 2020, Nigerian billionaire businessman, founder and chairman of Dangote Group, Aliko Dangote described him as “giving a voice of hope to millions of youths across Africa.”

“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 catalyze development and protect the future, committing to investing $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.” Dangote wrote in a letter dated September 22, 2020.

He went further to say, “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.


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