Elumelu Foundation Awards Grants for African Leadership

The has announced grants to foundations established by four prominent African statesmen in support of their efforts to identify and develop the next generation of African leaders.

As part of its mission to foster entrepreneurship and leadership among young Africans, the foundation awarded African Leaders Grants to the , , , and foundations. The grants will be used to fund initiatives designed to inform policy reform and promote effective leadership, training, and mentorship of emerging leaders across the continent.

"There is a critical need in Africa for leadership development," said Tony Elumelu Foundation CEO Wiebe Boer. "This is a great opportunity for us to support the work of exemplary African political leaders to equip the next generation, so their experience becomes a benefit to us all."

One of the foundations, the Obasanjo Foundation in Nigeria, was awarded $25,000 in support of its efforts to equip young Africans with the skills needed to create their own businesses. "The Tony Elumelu Foundation has previously partnered with the Olusegun Obasanjo Foundation to support our work in youth employment in Africa," said Obasanjo, a former president of Nigeria. "It is a personal passion Tony and I share and something that this grant will allow us to continue doing. This collaboration to equip the next generation is an example that I hope others will follow. Africa will be better off for it."

"." Tony Elumelu Foundation Press Release 08/25/2014. "." Olusegun Obasanjo Foundation Press Release 08/26/2014.