Barely a week after urging a gathering of high-net-worth individuals with global and far-reaching influence at the Legacy Builders Palm Beach Conference<\/a> in Florida, USA, to join the mission of driving meaningful and sustainable impact across Africa, Tony Elumelu once again made a strong case for transformative investments on the continent during another of his unceasing campaign this time at the World Governments Summit.<\/p>\n \u201cEvery challenge in Africa\u2014whether it\u2019s infrastructure deficit, energy insufficiency, or transportation inadequacy\u2014is an investment opportunity. The key is identifying these gaps and structuring your approach to mitigate the risks. That\u2019s where the competitive edge lies,\u201d said the founder of the Tony Elumelu Foundation<\/a>, which has disbursed more than $100 million in direct funding to over 21,000 beneficiaries, granted about 2.5 million Africans access to training on its online portal\u2014TEFConnect, created more than 1.5 million direct jobs, and generated $4.5 billion in revenue across the continent.<\/p>\n \u201cAs an investor with a diversified portfolio across four continents\u2014from power to oil & gas, financial services, and healthcare\u2014I can tell you one thing: nowhere else offers the kind of ROI that Africa does,\u201d the philanthropist<\/a> and one of Africa\u2019s leading investors added.<\/p>\n Providing a verifiable example, he stated, \u201cTake our Heirs Holdings Group, for example. We have the capacity to generate 2,000MW of electricity daily, and today, with an available capacity of circa 1,000MW, that\u2019s transformative impact and significant value creation on a continent where energy access remains a key challenge.\u201d<\/p>\n Heirs Holdings, which the prominent champion of entrepreneurship in Africa founded and chairs, is his family-owned investment company, committed to improving lives and transforming Africa through long-term investments in strategic sectors of the African economy, including financial services, hospitality, power, energy, technology, and healthcare.<\/p>\n Emphasizing a major advantage of the continent as the prime destination for investment both now and in the future, the proponent of the economic principle of Africapitalism\u2014which posits that the private sector, and most importantly, entrepreneurs, are the catalysts for the social and economic development of Africa\u2014highlighted \u201cAfrica\u2019s greatest asset? Its people. With a median age of 19 and 65% of our 1.5 billion population under 30, we have an unstoppable demographic advantage. This youthful energy is a goldmine for investment, innovation, and economic growth.\u201d<\/p>\n Reiterating that \u201cthe returns are undeniable, the opportunities are limitless,\u201d the Chairman of United Bank for Africa (UBA)\u2014the global financial powerhouse with a presence in 20 African countries, four continents, and the only African bank regulated to take deposits in the United States of America (USA)\u2014charged stakeholders at the World Governments Summit, \u201cThe future is ours to shape. Let\u2019s build a prosperous, self-sustaining Africa together.\u201d<\/p>\n<\/p><\/div>\n![](\"https:\/\/societynow.ng\/wp-content\/uploads\/2025\/02\/FB_IMG_1739384736927-1024x688.jpg\")
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