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Nigeria, Rwanda
Nigerian tycoon Tony Elumelu bets on Kigali for the continental expansion of his investment bank

Tony Elumelu, owner of United Capital, in Washington on 15 October 2025.
Tony Elumelu, owner of United Capital, in Washington on 15 October 2025. © Brendan Smialowski/AFP
The banker behind United Capital has established a new entity within Rwanda's international financial centre, from which he intends to offer services and advisory work across the continent. [...]
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