The Chairman of United Bank for Africa (UBA) Group and Founder of the Tony Elumelu Foundation (TEF), Tony Elumelu, has assured that he would continue to support leaders interested in creating opportunities for young people.

He reaffirmed his commitment to the development of Gabon’s economy following a high-level meeting with the President of Gabon, Brice Oligui Nguema last week.

Elumelu, who was on an official visit to the Presidential Palace in Libreville, Gabon on the invitation of President Ngueman discussed key strategies to enhance infrastructure development and foster entrepreneurship in the country.

During the discussions, both leaders underscored the importance of strategic investments in infrastructure as a catalyst for economic growth and job creation, while Elumelu, a strong advocate of Africapitalism, emphasised the role of private sector partnerships in driving sustainable development.

“The President of Gabon is committed to ensuring the development of infrastructure in Gabon, and I, as an African and an African investor, support countries, leaders, and companies that want to invest and create jobs for young people,” Elumelu said in a statement.

On the back of a previous engagement by both leaders in New York in September 2024, Elumelu disclosed plans of a dedicated initiative to support the Gabonese youth through UBA and his Foundation, the TEF.