The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s honours – the Commander in the National Order of Gabonese Merit – on the Group Chairman, United Bank for Africa (UBA) Plc and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu.
The distinguished award recognises Elumelu’s enduring contribution to Africa’s economic development, particularly his impact on youth entrepreneurship and infrastructure growth in Gabon and across the continent. 
Speaking at the presidential palace while presenting the recognition in Libreville on Monday, Nguema, who was on Saturday sworn in as the newly elected President of the oil-rich country, praised Elumelu’s commitment to inclusive and sustainable development in Africa, adding that ‘Tony Elumelu is not only a visionary entrepreneur but also a committed friend of our nation Gabon. Through his Foundation and the UBA Group, he has consistently shown that investing in Africa is not just good business – it is the key to our shared future. Today, we honour a man whose actions continue to empower young Africans and inspire nations.”
While acknowledging the recognition, Elumelu, who has made several high-level visits to Gabon in recent months, expressed deep gratitude for the recognition and reaffirmed his commitment to supporting the country’s development agenda:
“I am truly humbled by this honour. It is a reflection not just of my personal journey, but of a shared belief – that African-led solutions, African entrepreneurs, and African institutions will shape the future of this continent. Gabon holds enormous potential, and I am proud that the Tony Elumelu Foundation and UBA Group can play a role in unlocking it,” Elumelu said.
This is more than a medal – it is a reminder of what we can achieve together as Africans,” Elumelu stated adding that, “At UBA and the Tony Elumelu Foundation, we remain committed to building bridges, not just between nations, but between ambition and opportunity.”