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President Obama hosts Elumelu as he addresses business folks in White House

Former Managing Director of United Bank for Africa (UBA), Mr. Tony Elumelu, has been nominated to address a select group of global industrialists at the White House in Washington D.C., the United States to celebrate emerging entrepreneurs around the globe.
The event, a statement issued by Tony Elumelu Foundation in Lagos yesterday and obtained by an online news medium, Freedom Online, said, Elumelu would be hosted Monday May 11, 2015 by US President, Barack Obama, today.
According to the statement, the event is a prelude to Obama’s scheduled trip to Kenya in the summer for the Global Entrepreneurship Summit. Elumelu, one of Africa’s business leaders, the statement said, had been identified as one of the promoters of global entrepreneurs.
The Elumelu Foundation recently inaugurated 100 million dollars Entrepreneurship Programme, aimed at assisting in growing 10,000 start-up companies across Africa over a decade.
The foundation said the White House entrepreneurship celebration would bring established and emerging entrepreneurs across the world seeking the support and commitment of investors, governments, private foundations and individuals, together.
Speakers expected to join Obama and Elumelu at the event include Mark Cuban, owner of the Dallas Mavericks and Barbara Corcoran, founder of Barbara Corcoran Venture Partners. Others are Daymond John, CEO and Founder of FUBU; Antonio Gracias, Founder of Valor Equity Partners and Julie Hanna, Founder of Kiva.


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