The main philosophy of the Tony Elumelu Foundation is based on our Founder’s desire to empower a generation of successful for-profit entrepreneurs who drive Africa’s economic and social transformation. Our guiding principles are derived from an inclusive economic philosophy of Africapitalism, which states that long-term, dynamic African-led private sector investment in key sectors of the continent’s economy will drive economic and social development through its programmes and activities, the Tony Elumelu Foundation seeks to "institutionalise luck” and create an environment where entrepreneurship can flourish in a sustained manner.