Elumelu calls for immediate climate Action for Africa

Renowned African businessman and philanthropist, Tony Elumelu has called for immediate action that mitigates the effect of climate change in Africa. Elumelu who is the Chairman of Heirs Holdings, spoke at a series of events across COP28, where he delivered a single message to world leaders, saying, “Africa needs to be heard, Africa’s future is […]

Renowned African businessman and philanthropist, Tony Elumelu has called for immediate action that mitigates the effect of climate change in Africa.

Elumelu who is the Chairman of Heirs Holdings, spoke at a series of events across COP28, where he delivered a single message to world leaders, saying, “Africa needs to be heard, Africa’s future is the world’s future and the continent that is most impacted by and the least contributor to climate change, needs our attention.  With African youth set to make up one third of the global population later this century, the future of Africa’s youth, entrepreneurial, ambitious, resilient, needs to be given the highest priority.

Elumelu offered the infrastructure and experience of his Foundation’s 10 year $100m entrepreneurship programme to partners, to catalyse a further generation of African entrepreneurs; entrepreneurs who can address climate change and drive the broader wealth creation that Africa requires.

The Tony Elumelu Foundation, in partnership with the United Bank for Africa (UBA), hosted a high-level session, bringing together Africans, and key players in the Gulf, Europe, and Americas, where UBA operates, underscoring the urgent need for innovative approaches to climate adaptation and mitigation, while fostering sustainable development, and bringing attention to Africa’s unique position.

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Speakers included Dr. Okonjo Iweala, Director General, World Trade Organization; Ahunna Eziakonwa, Assistant Administrator and Regional Director for Africa, UNDP, Kevin Frey, CEO, UNICEF Generation Unlimited; Sergio Pimenta, VP Africa, IFC; among others.

“Addressing climate change is the paramount challenge of our era.  The urgency is unmistakable.”  Elumelu stated.