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Gabon's President Honours Tony Elumelu

  • General Brice Clotaire Oligui Nguema, President of Gabon, honored Tony Elumelu in Libreville on Monday by bestowing upon him the distinguished rank of Commander within Gabon's National Order of Merit.
  • The award recognized Elumelu's significant contributions to Africa’s economic development, especially youth entrepreneurship and infrastructure financing.
  • Elumelu leads United Bank for Africa, founded the Tony Elumelu Foundation, and champions African entrepreneurs by providing $5,000 seed capital annually to youths across Africa.
  • The Foundation's flagship program has catalyzed 18,500 entrepreneurs as part of a ten-year, $100 million commitment to mentor and fund young Africans.
  • This recognition arrives as Gabon accelerates economic recovery under new leadership, strengthening financial ties with UBA and emphasizing inclusive growth.
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High Street broke the news in on Monday, May 5, 2025.
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