Tony Elumelu Official Picture Leading African businessman and philanthropist, Tony O. Elumelu CON joined the First Lady of Nigeria, Mrs. Aisha Buhari and wife of the Vice President of Nigeria, Mrs. Dolapo Osinbajo at a forum and exhibition on Nigerian Women in Export which was held in Abuja.


Themed ‘Achieving Zero Oil Growth Through Women Inclusiveness in Global Export Trade’, this year’s Stakeholders Forum and Exhibition is organised by the National Export Promotion Council and the International Trade Center (ITC) in Geneva. The Women in Export Stakeholders Forum and Exhibition seeks to increase economic empowerment of women through trade via the ITC’s SheTrades Initiative. The goal of this initiative is to connect one million women to the international market by 2020.

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The keynote addresses at the Forum were delivered by the First Lady, Mrs. Aisha Buhari and Ms. Arancha Gonzalez, the Executive Director of the International Trade Centre (ITC). In her opening remark, Mrs. Buhari, stated, “Nigerian women are extremely hardworking. We only need a little push, and this is the time”.


She further called on the public sector to support in a bold statement, “I would like to lead a call to the Federal Government to assign 20% of public procurement to women-owned businesses.”


Mr. Elumelu, Chairman of Heirs Holdings, United Bank for Africa and Transcorp Plc stated that the capacity of women in the private sector to contribute to the development of the country was underestimated. He validated this remark by sharing the significant value created by the female beneficiaries of the $100 million Tony Elumelu Foundation Entrepreneurship Programme, who are impacting their communities in many ways.


“Africa is in need of economic and social development and investing in women is one of the smartest ways to go about it. It is for this reason that the SDGs have focused on women empowerment as a necessary commitment in alleviating poverty,” said Elumelu as he addressed the audience made up primarily of women from diverse backgrounds.


“When a woman does well, her entire family does well.  We need to put women first. I am proud to say that full and equal participation of women is an important internal objective of the Tony Elumelu Entrepreneurship Programme.”


Representing the private sector, Elumelu was joined by Mrs. Buhari and Mrs. Osibanjo, where he signed a Call-To-Action through partnership with The Tony Elumelu Foundation and Africa’s global bank, UBA, to achieve the following:

  • Drive up the statistics of female participation in the Tony Elumelu Entrepreneurship Programme from 70:30 (male/female) representation in 2016 to 60:40 in 2017 and 50:50 by the year 2020.
  • Commission the production of in-depth research publications and case studies focused on solutions to unique challenges facing women entrepreneurs.


Other dignitaries present at the forum include Senator Aisha Alhassan, Honourable Minister of Women Affairs; Ms Aisha Abubakar, Honourable Minister of State, Federal Ministry of Industry, Trade and Investment and Olusegun Awolowo, Executive Director/CEO, Nigerian Export Promotion Council.





About The Tony Elumelu Foundation

Established in 2010, The Tony Elumelu Foundation (TEF) is the leading philanthropic organisation in Africa with the aim of promoting entrepreneurship as the catalyst for the socio-economic development of the continent. The Foundation has set itself apart from grant-making bodies, by operationalising integrated programmes to support entrepreneurship in Africa and by enhancing the competitiveness of the African private sector.  @tonyelumeluFDN

About The Tony Elumelu Foundation Entrepreneurship Programme

The Tony Elumelu Foundation Entrepreneurship Programme is the flagship entrepreneurship programme of the Tony Elumelu Foundation, founded by the entrepreneur, respected investor and philanthropist Tony O. Elumelu. Its vision is to establish the pre-eminent pan-African entrepreneurship programme and create 10,000 start-ups across Africa within the next 10 years that generate significant employment and wealth.