Nairobi, May 13, 2026 (AFP) - Africa must drop 'victim mentality': mogul Tony Elumelu

NAMPA / AFP

2026-05-13

Africans should welcome all foreign investors and put colonial hang-ups behind them, Nigerian businessman and philanthropist Tony Elumelu told AFP. Elumelu, 63, is one of Africa's wealthiest people, chairing banking and investment firms including Heirs Holdings, Transcorp and United Bank for Africa. He also founded The Tony Elumelu Foundation that helps young African entrepreneurs. "What we need in Africa in the 21st century... we need massive p......

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