Tony Elumelu’s Tony Elumelu Foundation has invested over $100 million in African startups, supporting 24,000+ entrepreneurs across the continent. The foundation’s entrepreneurship programme provides seed funding, mentorship, and training to help early-stage businesses scale and create jobs. Elumelu emphasizes Africa’s youth potential, stressing that access to capital, mentorship, and markets is key to driving economic growth. The programme has generated $4.2 billion in revenue and created 1.5 million jobs. Elumelu’s Africapitalism philosophy promotes private-sector-led development, aiming to unlock Africa’s economic potential.